article_snippet.sent: The true picture should become clearer later this year, as the Financial Conduct Authority (FCA) attempts to weed out dodgy firms.
article_snippet.sent: Robin Savage, an analyst from investment bank Canaccord Genuity described some of the tactics used by payday lenders – such as extending loan terms and adding interest to customers who cannot afford to repay - as ‘evil’.
article_snippet.sent: Robin Savage, an analyst from investment bank Canaccord Genuity said: ‘If firms can’t do proper checks and find customers that can repay firms then firms do not deserve to survive.
article_snippet.sent: new chairman Andy Haste – brought in to clean up the business – has ditched its controversial puppet adverts and admitted that its controversial puppet adverts will be smaller and less profitable under the new regime.