Payday lenders are to be investigated by the Competition Commission over irresponsible lending.
The investigation into payday loan companies is long overdue, according to Christian advisors. The Office of Fair Trading fears 'irresponsible lending' is putting customers at risk. It's instructed the Competition Commission to investigate the industry. Arwyn Bailey is from the Association of Christian Financial Advisors.
He told Premier's News Hour companies should be lending more ethically.
Help us close the $65,413 funding need.
Your gift today ensures that Premier Christian News can press forward in strength, reaching more people with biblical truth and shaping the future of Christian thought. It’s more than just a donation—it’s an investment in renewed minds and transformed lives.
Without continued support, the ability to create and distribute resources that strengthen faith and equip the church will be compromised. But with your help, we can grow deeper, stand firmer, and shine brighter in the culture.
Your support today is critical.
Support Us