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Yes Loans Closed down – Directors contesting the decision

In a decision last month, the Office of Fair Trading ruled that Yes Loans – based in Cwmbra, Wales, and one of the biggest unsecured credit brokers in the UK […] Yes Loans Closed down – Directors...

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Wonga in trouble for their debt collection

The latest ruling by the Office of Fair Trading has certainly given a shock to a certain payday loan company. I won’t bore you with the details, but not so […] Wonga in trouble for their debt...

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MCO capital’s credit license is revoked

It looks like another payday lender’s in trouble – today, the OFT revoked the license of MCO Capital Ltd for breaches of the Money Laundering Regulations, in particular, not properly […] MCO capital’s...

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