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Scottish editionFreephone0800 197 6026
www.businessdebtline.orgPayday loans
Factsheetno.BDL18SCOTPaydayloansSeptember2017Thisfactsheettellsyouhowtodealwiththecommonproblemsthatoftenoccurwithpaydayloandebt.
Usethisfactsheetto:
helpyoustopacontinuouspaymentauthority
dealwithaloanrollover
applyforarefundofinterestandcharges
findoutalternativestopaydayloansand
helpyoumakeacomplaint
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What is payday lenders price cap?
The payday lenders price cap is a limit on the amount of interest and fees that payday lenders can charge.
Who is required to file payday lenders price cap?
Payday lenders are required to file the price cap to ensure compliance with regulations.
How to fill out payday lenders price cap?
The payday lenders price cap can be filled out online or through specific reporting forms provided by regulatory authorities.
What is the purpose of payday lenders price cap?
The purpose of the payday lenders price cap is to protect consumers from excessive interest rates and fees.
What information must be reported on payday lenders price cap?
Information required to be reported on payday lenders price cap includes interest rates, fees, and total amount borrowed by consumers.
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