{"id":26237,"date":"2015-11-04T19:07:50","date_gmt":"2015-11-04T12:07:50","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/quickquid-owner-to-write-off-unaffordable-loans\/"},"modified":"2016-09-16T08:01:37","modified_gmt":"2016-09-16T01:01:37","slug":"quickquid-owner-to-write-off-unaffordable-loans","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/quickquid-owner-to-write-off-unaffordable-loans\/","title":{"rendered":"QuickQuid owner to write off unaffordable loans"},"content":{"rendered":"


\nCashEuroNet UK will provide \u00a31.7m redress for lending customers more than they could afford to repayPayday lenders QuickQuid and Pounds to Pocket are to write off more than 2,500 loans to customers and refund almost 1,500 people who were granted loans they could not afford to repay.The lenders\u2019 parent company, CashEuroNet UK, has agreed with the City regulator to provide redress worth \u00a31.7m after it found customers were able to borrow amounts greater than they could afford to repay. Continue reading…
\n
\nSource : theguardian.com
\nRead more…QuickQuid owner to write off unaffordable loans<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

CashEuroNet UK will provide \u00a31.7m redress for lending customers more than they could afford to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-26237","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-6Pb","jetpack-related-posts":[{"id":89852,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/complaints-about-high-cost-credit-climb-to-record-level\/","url_meta":{"origin":26237,"position":0},"title":"Complaints about high-cost credit climb to record level","date":"May 29, 2018","format":false,"excerpt":"\r Complaints to ombudsman rise by 40%, with more than half relating to payday loansComplaints about high-cost credit have soared to a record level, raising concerns about how lenders treat vulnerable consumers. 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