Sub-prime firm cannot broker loans

Press Association
Coins stacked on ten pound notes
Coins stacked on ten pound notes

A major sub-prime firm accused of "deceitful and oppressive business practices" can no longer broker loans for customers after having its licence terminated, the trading watchdog has said.


Yes Loans confirmed it will not appeal against a decision by the Office of Fair Trading (OFT) to revoke its licence after the watchdog found that it had misled customers.