Daily Archives: September 4, 2025

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Payday lenders told to improve by OFT – BBC News

UncategorizedBy Consumer Reclaim September 4, 2025 Leave a comment

Full Article – Payday lenders told to improve by OFT – BBC News Payday loan firms have been told to change their behaviour after the Office of Fair Trading (OFT) found evidence of “widespread irresponsible lending”. The OFT is giving the biggest 50 firms 12 weeks to change their practices, or risk losing their licences.…

BrightHouse to pay £14.8m in compensation and refunds for ‘irresponsible lending’ – what customers need to know

UncategorizedBy Consumer Reclaim September 4, 2025 Leave a comment

Full Article – BrightHouse to pay £14.8m in compensation and refunds for ‘irresponsible lending’ – what customers need to know – Manchester Evening News BrightHouse is to pay out £14.8m in compensation and refunds after a financial watchdog ruled the company had treated its customers unfairly. The weekly-payment firm, which has more than a dozen…