3 in 4 loans that are payday have cause of grievance to Ombudsman

3 in 4 loans that are payday have cause of grievance to Ombudsman

The Citizens guidance solution over the British urges pay day loan clients to battle right back against unscrupulous loan providers.

Three in four payday borrowers who got advice through the Citizens guidance customer solution was indeed addressed unfairly by their loan provider and may have grounds for the official issue towards the Financial Ombudsman provider, states the nationwide charity.

People Advice’s in level analysis of 665 pay day loan cases, reported to its customer solution between 1 January and 30 June 2013, discovers that at the least 76percent might have grounds for the state issue to your Financial Ombudsman including:
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