Citizen’s Advice asked the question. Mr Lender, a leading short-term loan provider, answered…

 
Published: 15/11/2016 and written by Leanne Sherman

The question was asked “Are consumers getting a better deal after the payday loans cap?” The cap on payday loans may have been introduced over 18 months ago, but a recent report by the Citizen’s Advice […]

Mr Lender receives FCA authorisation

Mr Lender receives FCA authorisation
 
Published: 17/02/2016 and written by Natasha Krovak

Today (17 February 2016) The Financial Conduct Authority has fully authorised Mr Lender, one of the UK’s leading short-term credit providers. Full authorisation confirms Mr.Lender as one of the most responsible short-term lenders in the […]

Go beyond the headlines

Mr Lender: Go beyond the headlines
 
Published: 02/01/2015 and written by Robert Rosen

We’re now into January 2015 and that means one of the major new Financial Conduct Authority rule changes has come into effect for short-term lenders: this is the new rate cap, where lenders can’t charge […]

Failing debt management firms due to leave consumers stranded

Mr Lender: Failing debt management firms due to leave consumers stranded
 
Published: 29/12/2014 and written by Leanne Sherman

In recent times, tough economic conditions in the UK have seen many people fall into debt. In some cases individuals have seen their debts spiral to such an extent they either couldn’t afford to repay […]

New FCA rules for credit brokers

New FCA rules for brokers
 
Published: 02/12/2014 and written by Emily Rose

On Monday this week, The Financial Conduct Authority (FCA) moved to introduce further rules regarding the activities of credit brokers operating in the short term lending market. The new rules came with no prior consultation, […]

Responsible across the board

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Published: 27/11/2014 and written by Leanne Sherman

Marc from Mr Lender talks about reports of ministers pushing for payday loan TV ads to only be shown post 9pm watershed – and how the industry can help itself through sophisticated branding.

FCA regulation explained

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Published: 10/04/2014 and written by Robert Rosen

On 1 April 2014 the Financial Conduct Authority (FCA) took over regulation of the payday loan industry… but what does this mean for consumers? Here’s a summary of the changes made… Loan rollovers are limited […]