Charity warns more people are struggling with high rates and fees on new type of loans and calls for better regulationThe number of people struggling with debts to rent-to-own firms and on guarantor loans rose by 16% in the second quarter, as borrowers no longer able to get payday loans move to other, less heavily regulated borrowing. Related: Payday loan complaints to financial ombudsman nearly triple in a year Continue reading…
Source : theguardian.com
Read more…Rent-to-own debts rise as Citizens Advice warns on new types of loans















