Tag: Payday Loans

Unfair Payday Loan Charges Capped – But Remain ‘Risky’

People seeking easily accessible loans in theory will have more protection over spiralling charges on their Payday Loans from January. The Financial Conduct Authority (FCA) has announced a cap on interest and fees, default charges and a total cap that means people will not have to pay back more than double what they initially borrowed.

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Authorised and regulated by the Financial Conduct Authority under number 677922. Auto Advance Logbook Loans is a trading name of DTW Associates Limited, registered in England and Wales under number 05305220. Registered address: Ashford House, 41-45 Church Road, Ashford, Middlesex, TW15 2TY.
* Cash within hours: applies to enquiries that are submitted on working days before 2:30pm, whilst allowing for administration, underwriting and processing. However, we are able to process enquiries outside of regular working hours at customers' place of work or household. This is entirely dependant on customers' needs.
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