What to do if you can’t repay a payday loan: contacting the lender, protecting priority bills, payment plans, Breathing Space and free debt advice.
Rollovers and Extensions: Why Payday Loan Debt Can Grow
What rolling over or extending a payday loan means, the FCA limit of two rollovers, how the total cost cap applies and better options if you can’t repay.
The FCA Price Cap on Payday Loans, Explained With Examples
How the FCA price cap on high-cost short-term credit works: the 0.8% daily limit, the £15 cap on default fees and the 100% total cost cap, with worked examples.
Complaining About a Payday Loan: Lenders, Deadlines and the Financial Ombudsman
How to complain about a payday loan, how long the lender has to reply, the Financial Ombudsman’s time limits and why you don’t need to pay anyone.
Affordability Checks: What Payday Lenders Must Look at Before Lending
What FCA rules require payday lenders to check before lending, why repeat borrowing is a warning sign, and what it means if a loan was unaffordable.