News : OFT

The UK’s leading Payday Loans broker www.paydaybank.co.uk responds to consumer watchdog Consumer Focus’ ‘Keeping the Plates Spinning' report, which revealed payday loans have more than quadrupled over the last 4 years.

Commenting, Ohad Hessel, from Payday Bank says;

“The popularity of payday loans has grown considerably over the last 4 years and the figures shown by the report are generally in-keeping with our own...

Leading Payday Loans Broker Paydaybank.co.uk Comments
One of the UK’s leading payday loans brokers, Paydaybank.co.uk, comments on the Office of Fair Trading’s (OFT) review of high cost credit.
Ohad Hessel, marketing manager at payday loans company Payday Bank says;
“We value the OFT’s decision not to implement price controls on payday loans. For those refused credit we are often the only source of lending for those...

Following clearance from the UK Office of Fair Trading, all closing conditions for Cision’s divestment of its UK Print Monitor operations to Durrants Ltd have now been fulfilled and the transaction was completed today, September 30, 2009. During the fourth quarter of 2009, the parties will cooperate to finalize the transition of the relevant services and customers from Cision to Durrants.

Today, the UK Office of Fair Trading (OFT) announced that it will not refer the proposed sale of Cision’s UK Print Monitor operations to Durrants Ltd to the Competition Commission. The proposed sale was announced July 23 2009, subject to clearance by the OFT. With today’s announcement, all conditions required for the completion of the transaction have now been fulfilled and therefore Cision plans to complete the...