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.
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