MSE News: Payday loan price cap will remain 31 July 2017 at 7:49AM edited 30 November -1 at 1:00AM in Loans 1 reply 1.1K views

Former_MSE_Megan_F

The price cap on payday loans, which means people will never have to pay more than double what they originally borrowed, will remain - but more must be done to tackle unrranged overdraft fees, the regulator has said...

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'Payday loan price cap will remain'

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molerat

The flip side of course is banks rejecting payments which will lead to another load of problems.