Press Releases

Russell Hamblin-Boone, Chief Executive of the Consumer Finance Association, which represents some of the best known short-term lenders in the UK, said: “Our members are actively preparing for these remedies, but the…

Anyone thinking about borrowing some money to help with the cost of Christmas needs to avoid the latest plague of websites that promise easy cash with no checks, following a warning from…

“We have been calling on the FCA to tackle broker practices and so welcome its decision to act early. Many of the customer problems that we see have been caused by these…

Speaking about the proposals to ban the advertising of short term loans before the 9pm watershed, Russell Hamblin-Boone, Chief Executive of the Consumer Finance Association, which represents some of the best known…

Responding to the Money Advice Service’s Christmas spending survey which forecasts that 1.4m people will rely on payday loans this Christmas, Russell Hamblin-Boone, Chief Executive of the Consumer Finance Association, which represents…

Speaking about the cap on the cost of credit, Russell Hamblin-Boone, Chief Executive of the Consumer Finance Association, which represents some of the best known short term lenders, said: “Higher standards of…

The Consumer Finance Association, which represents some of the best known payday lenders but does not represent brokers, said: “Brokers do not lend any money – they are simply the middlemen. There…

Charges for late bill payments and overdraft fees mean just a quarter end up better off without a short-term loan and a third have considered using an illegal lender A major study…

Commenting on the Competition and Markets Authority’s proposals to increase price competition between payday lenders, Russell Hamblin-Boone, Chief Executive of the Consumer Finance Association, which represents some of the best known short-term…

Responding to suggestions that all lenders may be required to compensate customers, Russell Hamblin-Boone, Chief Executive of the Consumer Finance Association, which represents some of the best known short-term lenders explained: “It…