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Payday Loans In The United Kingdom
Payday loans in the United Kingdom are typically small value (up to £1500) and for short periods. Payday loans are often used as a term by members of the public (and commentators) generically to refer to all forms of High-cost Short-term credit (HCSTC) including instalment loans, e.g. 3-9 month products, rather than just loans provided until the next pay day. Market overview The provision of Payday (HTSTC) loans is overseen by the UK's Financial Conduct Authority. FCA data sizes the UK market, in the twelve months to 2018, at 5.4 million loans per year. This is a significant reduction from in 2013, before FCA regulation of the sector, when the market was c. 10 million loans a year. In terms of value the FCA sizes the market with consumers borrowing c. 1.3bn a year, making the average loan size c. £250. The market is concentrated. In 2018 the FCA identified 88 firms providing loans however 85% of loans were provided by just ten players. Since that time a number of key pl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Payday Loan
A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest rates. The term "payday" in payday loan refers to when a borrower writes a postdated check to the lender for the payday salary, but receives part of that payday sum in immediate cash from the lender. However, in common parlance, the concept also applies regardless of whether repayment of loans is linked to a borrower's payday. The loans are also sometimes referred to as "cash advances", though that term can also refer to cash provided against a prearranged line of credit such as a credit card. Legislation regarding payday loans varies widely between different countries, and in federal systems, between different states or provinces. To prevent usury (unreasonable and excessive rates of interest), some jurisdictions limit the annual percentage rate (APR) that any lender, including payday l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Times
''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper ''The Sunday Times'' (founded in 1821) are published by Times Newspapers, since 1981 a subsidiary of News UK, in turn wholly owned by News Corp. ''The Times'' and ''The Sunday Times'', which do not share editorial staff, were founded independently and have only had common ownership since 1966. In general, the political position of ''The Times'' is considered to be centre-right. ''The Times'' is the first newspaper to have borne that name, lending it to numerous other papers around the world, such as ''The Times of India'', ''The New York Times'', and more recently, digital-first publications such as TheTimesBlog.com (Since 2017). In countries where these other titles are popular, the newspaper is often referred to as , or as , although the newspaper is of nationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kerry Katona
Kerry Jayne Elizabeth Katona (born 6 September 1980) is a British media personality and singer. She was a member of girl group Atomic Kitten from 1998 until her first departure in 2001 and again from 2012 until her second departure in 2017. Katona was the winner of the third series of '' I'm a Celebrity...Get Me Out of Here!'' in 2004, making her the first queen of the jungle, and was runner-up of ''Celebrity Big Brother 8'' in 2011. In 2021 she competed in the third series of ''Celebrity SAS: Who Dares Wins''. Early life Katona was born in Warrington, Cheshire. Katona's maternal grandfather is Hungarian who fled Budapest to London during the Second World War. As a child she was placed in care and brought up by four sets of foster parents and attended eight different schools. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Newcastle United
Newcastle United Football Club is an English professional football club, based in Newcastle upon Tyne, that plays in the Premier League – the top flight of English football. The club was founded in 1892 by the merger of Newcastle East End and Newcastle West End. The team play their home matches at St James' Park in the centre of Newcastle. Following the Taylor Report's requirement that all Premier League clubs have all-seater stadiums, the ground was modified in the mid-1990s and currently has a capacity of 52,305. The club has been a member of the Premier League for all but three years of the competition's history, spending 90 seasons in the top flight as of May 2022, and has never dropped below English football's second tier since joining the Football League in 1893. Newcastle have won four League titles, six FA Cups and a FA Charity Shield, as well as the 1968–69 Inter-Cities Fairs Cup and the 2006 UEFA Intertoto Cup, the ninth-highest total of trophies won by an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carl Packman (writer)
Carl may refer to: *Carl, Georgia, city in USA *Carl, West Virginia, an unincorporated community *Carl (name), includes info about the name, variations of the name, and a list of people with the name *Carl², a TV series * "Carl", an episode of television series ''Aqua Teen Hunger Force'' * An informal nickname for a student or alum of Carleton College CARL may refer to: *Canadian Association of Research Libraries *Colorado Alliance of Research Libraries See also *Carle (other) *Charles *Carle, a surname *Karl (other) *Karle (other) Karle may refer to: Places * Karle (Svitavy District), a municipality and village in the Czech Republic * Karli, India, a town in Maharashtra, India ** Karla Caves, a complex of Buddhist cave shrines * Karle, Belgaum, a settlement in Belgaum d ... {{disambig ja:カール zh:卡尔 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debt On Our Doorstep
Debt on our Doorstep is a UK-based campaign against extortionate credit lending and for fair financial services. The campaign, founded in 1999, comprises not-for-profit and non-governmental organisations including Oxfam and the National Housing Federation. It scored a success in 2003 when it successfully pressed for a Competition Commission investigation into the UK 'Home Credit' or door-to-door lending market. The subsequent inquiry, which completed in late 2006, found against the industry and estimated that around £75 million per year was being made by lenders as a result of a lack of price competition in the market. Remedies, including compulsory data sharing to allow borrowers to build up credit scores and access cheaper alternatives, are due to be introduced in 2007. More recently, the campaign has broadened out to include activity against a variety of 'predatory lenders' in the UK including payday loan lenders and rent-to-own shops, whilst also promoting local action to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Early Day Motion
In the Westminster parliamentary system, an early day motion (EDM) is a Motion (parliamentary procedure), motion, expressed as a single sentence, Table (parliamentary procedure), tabled by Member of Parliament, members of Parliament that formally calls for debate "on an early day". In practice, they are rarely debated in the House and their main purpose is to draw attention to particular subjects of interest. Minister (government), Government ministers, Whip (politics), Whips, Parliamentary Private Secretary, Parliamentary Private Secretaries, the Speaker of the House of Commons (United Kingdom), Speaker of the House of Commons and Deputy Speakers do not normally sign EDMs. EDMs remain open for signature for the duration of the parliamentary session. EDMs can be tabled on matters ranging from trivial or humorous topics to those of great importance. The Motion of censure, censure motion by which the Labour Government of James Callaghan was ejected had its origin in an early day mot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Compass (think Tank)
Compass is a British centre-left pressure group, aligned with the Labour Party which describes itself as: "'An umbrella grouping of the progressive left whose sum is greater than its parts". Like the formally Labour-affiliated think tank the Fabian Society it is a membership-based organisation and thus seeks to be a pressure group and a force for political organisation and mobilisation. Compass was launched in 2003 with the publication of a founding statement called ''A Vision for the Democratic Left''. Supported by a number of academics and Labour politicians unhappy with the political direction of prime minister Tony Blair this was the first attempt by Compass to help guide the Labour government. Since then it has published pamphlets and a series of booklets as part of its Programme for Renewal charting an alternative path for left governments and for centre-left activists in the UK. Activities Since its inception, Compass has risen in influence and media prominence. The Chai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Annual Percentage Rate
The term annual percentage rate of charge (APR), corresponding sometimes to a nominal APR and sometimes to an effective APR (EAPR), is the interest rate for a whole year (annualized), rather than just a monthly fee/rate, as applied on a loan, mortgage loan, credit card, etc. It is a finance charge expressed as an annual rate. Those terms have formal, legal definitions in some countries or legal jurisdictions, but in the United States: :* The ''nominal APR'' is the simple-interest rate (for a year). :* The ''effective APR'' is the fee+ compound interest rate (calculated across a year). "Subject: Regulation AA", Alfred F."Bob" Blair, Jr., US Federal Reserve, 2008-06-28, webpage: US-Federal-Reserve-R1314 In some areas, the ''annual percentage rate'' (APR) is the simplified counterpart to the effective interest rate that the borrower will pay on a loan. In many countries and jurisdictions, lenders (such as banks) are required to disclose the "cost" of borrowing in some standardize ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Facebook
Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, its name comes from the face book directories often given to American university students. Membership was initially limited to Harvard students, gradually expanding to other North American universities and, since 2006, anyone over 13 years old. As of July 2022, Facebook claimed 2.93 billion monthly active users, and ranked third worldwide among the most visited websites as of July 2022. It was the most downloaded mobile app of the 2010s. Facebook can be accessed from devices with Internet connectivity, such as personal computers, tablets and smartphones. After registering, users can create a profile revealing information about themselves. They can post text, photos and multimedia which are shared with any ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Network
A social network is a social structure made up of a set of social actors (such as individuals or organizations), sets of dyadic ties, and other social interactions between actors. The social network perspective provides a set of methods for analyzing the structure of whole social entities as well as a variety of theories explaining the patterns observed in these structures. The study of these structures uses social network analysis to identify local and global patterns, locate influential entities, and examine network dynamics. Social networks and the analysis of them is an inherently interdisciplinary academic field which emerged from social psychology, sociology, statistics, and graph theory. Georg Simmel authored early structural theories in sociology emphasizing the dynamics of triads and "web of group affiliations". Jacob Moreno is credited with developing the first sociograms in the 1930s to study interpersonal relationships. These approaches were mathematically formalize ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Action
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) "belief, trust," from Italian credito, from Latin creditum "a loan, thing entrusted to another," from past ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
