You might get me started! The "regulator" (in my opinion) performs nothing more than the most fundamental of checks. What is "allowed" is little better than disgraceful and many lenders operating under licence pretty well ignore the slack parameters anyway
Business that lend money to the...
Nail on head. I've spent 20+ years in the industry with different businesses dealing with a range of sectors. Thankfully I've never been down at the level of payday lending but I can absolutely guarantee that the lenders operating in these markets rely on the same people coming back time and...