Payday loan provider’s collapse hitting borrowers. By Kevin Peachey Private finance reporter

Payday loan provider’s collapse hitting borrowers. By Kevin Peachey Private finance reporter

Thousands and thousands of people that had been mis-sold payday advances will get a portion associated with the payment they’ve been eligible to after having a lender collapsed.

WageDay Advance had offered loans to about 800,000 individuals but went into management earlier in the day this season. Continue reading “Payday loan provider’s collapse hitting borrowers. By Kevin Peachey Private finance reporter”