UK: payday loans http://www.bbc.co.uk/news/business-26539569 http://www.oft.gov.... | Hacker News

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		keithpeter on May 11, 2014 \| parent \| context \| favorite \| on: Scammed UK: payday loans http://www.bbc.co.uk/news/business-26539569 http://www.oft.gov.uk/shared_oft/Credit/oft1481.pdf [pdf, March 2013] https://www.getsafeonline.org/protecting-yourself/payday-loa... Action is mainly around regulation and caps on APR. Scam searches topping out around 2010. Hope 'Mike' gets to stay private!

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