Ray Boulger, senior manager that is technical John Charcol, just isn’t certainly one of that team.

Ray Boulger, senior manager that is technical John Charcol, just isn’t certainly one of that team.

Regulatory clampdownThe loan that is payday it self is under constant fire from regulators and campaigners.

A brand new code of conduct for payday loan providers came into force week that is last made to protect customer from rogue operators, though high-profile campaigners, such as for example Labour MP Stella Creasy, insist it offers little teeth. Any office of Fair Trading exposed formal investigations into several payday firms month that is last has written to all the 240 lenders showcasing serious concerns over bad techniques, such as for instance encouraging borrowers to pay for later so that they rack up huge costs. Continue reading “Ray Boulger, senior manager that is technical John Charcol, just isn’t certainly one of that team.”