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Posted by on Nov 18, 2020 in | 0 comments

“Deceitful and oppressive” Yes Loans will likely not charm licence ban

a payday advances company which had its credit licence revoked over “prolonged engagement in deceitful and business that is oppressive” has do not impress your choice.

Any office of Fair Trading ruled final month Cwmbran-based Yes Loans – one of many biggest agents of unsecured credit into the UK – had utilized “high-pressure” product sales tactics, misled customers and taken costs minus the consent of customers.

The OFT additionally deemed affiliated businesses Blue Sky private Finance and Money Worries unfit to keep credit rating licences.

Directors got 28 days to impress the choices

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