{"id":83071,"date":"2018-03-19T07:01:17","date_gmt":"2018-03-19T00:01:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-interest-doorstep-loans-need-to-be-regulated-says-charity\/"},"modified":"2018-03-19T08:03:16","modified_gmt":"2018-03-19T01:03:16","slug":"high-interest-doorstep-loans-need-to-be-regulated-says-charity","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-interest-doorstep-loans-need-to-be-regulated-says-charity\/","title":{"rendered":"High-interest 'doorstep loans' need to be regulated says charity"},"content":{"rendered":"


\nCitizens Advice calls for curbs on home credit plans, which can charge interest rates of 1,557%Britons saddled with high-interest \u201cdoorstep loans\u201d should be given the same protection as people with payday loans and be saved millions of pounds\u2019 worth of excess charges a year, said Citizens Advice. In the UK, more than 1.6 million people use loans sold door-to-door \u2013 which are also known as home credit \u2013 and the market is one of the largest for high-cost credit, the charity warned. Continue reading…
\n
\nSource : theguardian.com
\nRead more…High-interest ‘doorstep loans’ need to be regulated says charity<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Citizens Advice calls for curbs on home credit plans, which can charge interest rates of...<\/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-83071","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-lBR","jetpack-related-posts":[{"id":27429,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rent-to-own-debts-rise-as-citizens-advice-warns-on-new-types-of-loans\/","url_meta":{"origin":83071,"position":0},"title":"Rent-to-own debts rise as Citizens Advice warns on new types of loans","date":"September 27, 2016","format":false,"excerpt":"\r 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3997,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/forget-payday-lenders-theres-a-much-better-way-to-borrow\/","url_meta":{"origin":83071,"position":1},"title":"Forget payday lenders \u2013 there\u2019s a much better way to borrow","date":"October 24, 2015","format":false,"excerpt":"\r Lack of access to mainstream funds drives many to find loans at extortionate rates but there is a viable alternative. And savers can benefit tooWonga charges an APR of 1,509%, QuickQuid 1,270%, while doorstep seller Provident -Financial quotes 1,068%. Yet there is an alternative source of loans for hard-pressed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89594,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-urged-to-extend-cap-on-payday-loan-fees-to-other-forms-of-credit\/","url_meta":{"origin":83071,"position":2},"title":"FCA urged to extend cap on payday loan fees to other forms of credit","date":"May 27, 2018","format":false,"excerpt":"\r Debt charities and MPs want action when City watchdog\u2019s 18-month review is publishedThe City watchdog is facing mounting pressure to extend its cap on payday lending fees and interest to a broader range of high-cost financial products before a major review of lending practices this week. Debt charities and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140902,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-auto-loans-credit-cards-expert-predictions-for-interest-rates-in-2024\/","url_meta":{"origin":83071,"position":3},"title":"Mortgages, auto loans, credit cards: Expert predictions for interest rates in 2024","date":"January 3, 2024","format":false,"excerpt":"\r The Federal Reserve's period of policy tightening appears to be over, opening the door to lower borrowing costs in the year ahead.\r \r Source : cnbc.com\r Read more...Mortgages, auto loans, credit cards: Expert predictions for interest rates in 2024","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66986,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tough-calls-on-the-debt-crisis-frontline-with-charity-stepchange\/","url_meta":{"origin":83071,"position":4},"title":"Tough calls: on the debt crisis frontline with charity StepChange","date":"September 20, 2017","format":false,"excerpt":"\r We speak to helpline advisers dealing daily with issues such as credit card debt, high-interest loans and bankruptcy There is a pause, a moment\u2019s silence and then a deep exhalation before the words finally come. The caller has only been asked her name but it is a big moment,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89592,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/doorstep-lending-crackdown-to-save-vulnerable-from-debt\/","url_meta":{"origin":83071,"position":5},"title":"Doorstep lending crackdown to save vulnerable from debt","date":"May 27, 2018","format":false,"excerpt":"\r Financial Conduct Authority to take action after schemes continue to flourish despite cap on payday loansMeasures to clamp down on doorstep lending and rent-to-own schemes are expected to be unveiled this week following concerns that they are fuelling problem debt.The action comes after warnings that vulnerable people are at\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\/83071"}],"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=83071"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/83071\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=83071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=83071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=83071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}