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CMA secures loan write-off from payday lender

UK — Competition & Markets Authority (CMA) · 2020-07-07 · UK · verified record

Themes: Consumer protection · Online marketplaces · Online platforms · Search services

Ecosystems: UK Digital Markets (DMCCA)

Following CMA action, payday lender Shelby Finance has written off loans and apologised to customers after not providing them with important information.

CMA secures loan write-off from payday lender Following CMA action, payday lender Shelby Finance has written off loans and apologised to customers after not providing them with important information. The Competition and Markets Authority (CMA) found that Shelby Finance did not provide summary of bor

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