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Over the last 20 years it seems there’s been one mis-selling scandal after the other when it comes to financial services products. Between the late 80s and early 90s there was the mis-selling of personal pensions […]
The question was asked “Are consumers getting a better deal after the payday loans cap?” The cap on payday loans may have been introduced over 18 months ago, but a recent report by the Citizen’s Advice […]
Mr Lender is thrilled to announce that we have won ‘Best Short Term Loan Provider’ and ‘Customer Service Champion’ in the 2016 Consumer Credit Awards by Smart Money People. As the first consumer-led credit awards voted […]
The link between debt and stress is well established, and with good reason. When faced with the realisation that you owe money but have no idea how to pay it back, the difficult prospect of having […]
Surely as a customer borrowing money you should only pay interest on what you owe at the time, right? So as you pay part of your loan off, you owe less, and the interest payable comes down accordingly. Why should you have to pay interest based on the whole amount you originally borrowed, even though you don’t owe that now?