Topic: online payday loan

By Nivedita Balu TORONTO, Feb 5 (Reuters) - Canada's plan to cut the maximum lending rate for regulated institutions could give illicit financiers an opportunity to step in and serve distressed customers, leading to a rise in criminal activity, a study released on Monday showed. Finance Minister Chrystia Freeland in the 2023 Federal budget laid out plans to amend the Criminal Code to cap the top annual consumer lending rate for all regulated financial institutions at 35% from 47% to combat...

A business owner who was sold more than £20,000 in unaffordable loans by disgraced online payday loans no credit check lender Amigo while he was already £40,000 in debt has told how the firm 'destroyed my life'.  John Mackenzie, 49, from County Antrim, Norther Ireland, took out loans worth £24,000 from Amigo starting in 2016. He told MailOnline he has been fighting with Amigo and the Financial Conduct Authority for years over the affordability of his debts.  ...

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This Morning released a teaser video just hours before Ben Shephard and Cat Deeley make their debut on the Daytime show on Monday morning. The new hosts are permanently presenting ITV's This Morning, replacing Phillip Schofield and Holly Willoughby. Posting on ITV's social media, a member of the crew could be seen wandering around the studios preparing for Cat, 47, and Ben, 49, to take center stage. ...

Dolphins left tackle Terron Armstead plans to play in 2024, giving Miami a needed win on a manic Monday framed with farewells to key players. Armstead told NFL Network on Monday after he's coming back for a 12th season in the NFL after weighing retirement. "It's done and I'm coming back," he said. ...

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