The collapse of Quick Quid – is it all over for payday loan providers?

The collapse of Quick Quid – is it all over for payday loan providers? Cash advance organizations have actually struck the news once more this week after the statement that Quick Quid, the UK’s former leading lender that is payday has entered management. Enova, fast Quid’s owner, blamed regulatory doubt on its choice to cease trading. But, it really is widely stated that fast Quid had been dealing with big volumes of complaints, in addition to 24 Financial Ombudsman rulings in...

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