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Citizens Advice calls for tough new rules on payday loan advertising

01 July 2013

Speaking ahead of a government summit looking at widespread problems in the payday loans industry, Gillian Guy, Chief Executive at Citizens Advice, has called for tough new rules to stop irresponsible advertising and end celebrity endorsement of financial products.

Banks forced to stand up to their responsibility to cancel recurring payments

28 June 2013

Consumers have been paying out for cancelled gym contracts and magazine subscriptions and unexpected payday loan repayments as some banks failed to end payments despite being asked to do so by their customers, says Citizens Advice as the Financial Conduct Authority clamps down on problems with continuous payments authorities.

Citizens Advice calls for firm action against irresponsible payday lenders

30 May 2013

Citizens Advice is calling on the Office of Fair Trading to ban payday lenders who are harming consumers with irresponsible lending. Today, the Public Accounts Committee releases their report ‘Regulating Consumer Credit’, which also calls for strong action against irresponsible lenders.