Second-largest payday lender exits the market

Sarah Coles
Money lender stock
Money lender stock

The Cheque Centre, the second biggest payday lender in the UK, has withdrawn from the market, after coming under scrutiny from the Financial Conduct Authority over the way it approached customers who ran up debts.

What did it do wrong? And what does it mean for you?%VIRTUAL-SkimlinksPromo%