This is a section of the site where we try to keep all our industry news articles. If you want to know about the latest industry developments in the Payday Loan sector this is the place. I know some of this might seem a little boring, as such just to put a smile on your face (you can’t say we aren’t good to you!) we have an entire section of our site dedicated to fun stuff, go and check it out.
According to figures published recently from the Office of National Statistics, household incomes for the quarter dropped by £27 to £4,444. This is the lowest household income rate since the second quarter of 2005. What's worse is that without state benefits, tax credits and other government allowances propping up already flagging incomes, that figure would have reached a nine year low.
Many people claim that their school days were the best days of their lives but according to a new survey the best times could be in your mid-thirties. A report from Aviva's Time of Your Life found that most age groups believed they would have completed their life goals during their 30's.
According to new legislations that have been drawn up by self-regulating bodies, payday loan companies and other short term lenders have been told that they have to reduce interest and other charges for borrowers who are struggling to make the repayments.
The recession is hitting hard in the UK and more people are looking to make cutbacks. According to a new survey, many of them have negative views about their financial future.
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