Quick News

We decided to compile a list of the top 10 professions that have applied for a loan on our site in the last 12 months. Usually we don't like to give out this kind of data because it helps our competitors focus their efforts on attracting customers. On this occasion however, we are doing so…

Sometimes our eyes are drawn to a story on a website which we would normally never visit, never mind read. Well today was one of those days and what we found left us in no doubt that some sort of clinical inbreeding program is taking place by those that contribute to one of the biggest…

Peer-to-peer lending is expected to grow substantially within the next five years. However new lenders in the market been hampered by the FCA's ability to grant licences to new ventures. P2P finance is the future because it is very competitive and rates are often reflective of direct risks to lenders. As normal finance channels dry…

This one is a long standing joke for us, it goes back to when Martin replied to us when we pulled out of the short term lending market last year and laid some blame to him and people like him. Again we ask - will Martin now lend to subprime customers at the rates he…

Just as we and other lenders have always predicted, the current cap on High Cost Short Term Credit is to be relaxed. It won't be abolished but will be gradually made less effective until it is eventually meaningless. It has always been rumoured that the FCA have never really favoured an industry price cap. Documents…

Cut the bank levy and lose Wheatley - those were the two conditions given to the Treasury by HSBC in return for staying in the UK. This week saw the Treasury finally cut Wheatley adrift and admit defeat. It's been no secret that the big financial organisations in the city of London have been at…

Since the effective end of Payday loans being available to subprime borrowers, Guarantor loans have shot up in popularity. In this article we question whether they are actually legal – or at least have some questionable legal grey areas. Now we are not saying they are illegal or outside the FCA’s rules – but we…

We have recently received a lot of calls asking for refunds from people thinking that we were part of a group called "Quick Loans Finance". We have no connection to this company or organisation in any way shape or form.  Unfortunately we have no knowledge of which website or what phone number they currently use.…

For over a year now this website has consistently questioned price caps on payday loans as a bad thing for consumers and a good thing for lenders. We want to break things down and ask just why if lenders have lost hundreds of millions – where is the legal challenge? We find it absolutely astonishing…

We are a big investors in financing domain names. This includes those wanting to purchase them and those who already own them but want to raise finance on them - similar to pawning them. We only deal in domain names that end in .uk or .co.uk. Unfortunately we don't have the experience or knowledge to…