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MSE News: Payday lender MCO banned after chasing fraud victims for cash

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"MCO has been stripped of its credit licence after allowing over 7,000 people to become unwitting victims of fraud..."
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Payday lender MCO banned after chasing fraud victims for cash

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Payday lender MCO banned after chasing fraud victims for cash

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IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
The business is also likely to reduce staff numbers and this may result in slower response times to questions.
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
I still have payday loans and am currently working my way out of the problem. Last year I finally paid off Northern Debt Recovery following (foolishly) taking out a loan with Toothfairy.
Now.......the OFT has destroyed MCO and they must be getting very close to the stinking corrupt mess that is Toothfairy / Northern Debt Recovery and Marshall Hoares Bailiffs. I understand when I have borrowed foolishly. I understand that I must pay back etc. However, what I saw from this scum over a period of several months in terms of (a) harrassment (b) misrepresentation (c) breaches of security (d) breaches of the Data Protection Act (e) pigeon english and sh*te grammar (f) misquoting of the law (g) abuse of basic human rights and decency....well........ it left me cold!
There must be beads of sweat breaking out on the forehead of Oliver Larholt and those other duffers currently? Does anybody know what is going on here and can tell me more about the relationship between MCO and Toothfairy / NDR / MHB? I looked at the Speedcredit website and they are truly closed (YES!!!! It has happened!!!!!) I then went to Toothfairy and NDR, I even picked up the phone and sadly it seems it is (bent) business as usual.
Please........does anybody know anything more????