{"id":3334,"date":"2016-02-01T23:30:23","date_gmt":"2016-02-01T16:30:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/payday-lenders-and-credit-firms-to-pay-for-illegal-money-enforcement-teams\/"},"modified":"2016-02-01T23:31:16","modified_gmt":"2016-02-01T16:31:16","slug":"payday-lenders-and-credit-firms-to-pay-for-illegal-money-enforcement-teams","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/payday-lenders-and-credit-firms-to-pay-for-illegal-money-enforcement-teams\/","title":{"rendered":"Payday lenders and credit firms to pay for 'illegal money' enforcement teams"},"content":{"rendered":"


\nProposed levy coincides with government withdrawal of funding for service which has prosecuted more than 300 illegal money lenders since 2004Payday loan firms and credit card companies could be charged a fee to fund the work of teams cracking down on loan sharks, the chancellor has announced.From April 2017 the work of the Illegal Money Lending Teams in England and Wales will be funded by a levy on companies offering consumers credit, replacing the funding they currently receive from the government. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Payday lenders and credit firms to pay for ‘illegal money’ enforcement teams<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Proposed levy coincides with government withdrawal of funding for service which has prosecuted more than...<\/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-3334","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-RM","jetpack-related-posts":[{"id":13900,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-business-lenders-as-bad-as-payday-loan-firms\/","url_meta":{"origin":3334,"position":0},"title":"Small business lenders 'as bad as payday loan firms\u2019\u00a0","date":"May 22, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Small business lenders 'as bad as payday loan firms\u2019\u00a0","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wonga-2-0-meet-the-new-breed-of-payday-lenders\/","url_meta":{"origin":3334,"position":1},"title":"Wonga 2.0? Meet the new breed\u00a0of payday lenders","date":"April 14, 2018","format":false,"excerpt":"\r A new wave of credit firms is offering \u2018medium-term\u2019 loans at hefty APRs of up\u00a0to 1,421% The worst of the payday lenders, famed for offering short-term loans at sky-high interest rates, may have faded away, but vulnerable consumers are still being targeted with offers of loans with four-figure APRs.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55675,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/credit-union-for-retail-workers-aims-to-fend-off-payday-lenders\/","url_meta":{"origin":3334,"position":2},"title":"Credit union for retail workers aims to fend off payday lenders","date":"May 23, 2017","format":false,"excerpt":"\r The retailCURe credit union is backed by several large high street stores and offers loans and savings productsJohn Lewis and Debenhams are among the high street names backing a new credit union for the retail sector, officially launching today, which aims to help shop workers \u201cavoid the clutches\u201d of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34100,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/25-texts-and-emails-a-day-how-payday-loan-firms-hound-vulnerable-borrowers\/","url_meta":{"origin":3334,"position":3},"title":"25 texts and emails a day: how payday loan firms hound vulnerable borrowers","date":"November 12, 2016","format":false,"excerpt":"\r Despite tougher regulation, the industry continues to act irresponsibly by lending to people in financial difficulty. We spoke to one targetAlex Jones* has to switch his phone off at work so the constant text messages do not distract him. He gets around 20-25 a day from payday lenders and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83811,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stella-creasy-to-call-for-crackdown-on-high-cost-credit-cards\/","url_meta":{"origin":3334,"position":4},"title":"Stella Creasy to call for crackdown on high-cost credit cards","date":"March 27, 2018","format":false,"excerpt":"\r Labour MP who championed payday loan fee caps in new push to help tackle problem debtThe Labour MP who championed a crackdown on payday lenders is taking aim at high-cost credit cards, calling for a cap on fees and interest charges to protect vulnerable customers.Stella Creasy, credited with forcing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15236,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/us-proposes-new-rules-for-payday-loan-industry-to-curtail-borrower-debt\/","url_meta":{"origin":3334,"position":5},"title":"US proposes new rules for payday loan industry to curtail borrower debt","date":"June 2, 2016","format":false,"excerpt":"\r Consumer Financial Protection Bureau seeks to require lenders to check if people can afford to repay as critics accuse agency of ignoring credit needs of poorThe US government announced plans on Thursday to regulate the controversial $38.5bn payday loan industry. Regulation of the high-interest, low-dollar loan industry has until\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/3334"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=3334"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/3334\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=3334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=3334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=3334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}