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Ombudsman gets 50 new payday loan complaints four weeks

The Financial Ombudsman provider stated it had seen a rise that is significant the sheer number of pay day loan complaints this season.

The Financial Ombudsman provider (FOS), which resolves disagreements between organizations and folks, stated it had gotten 271 brand new complaints concerning pay day loans between April and September.

In comparison, the Ombudsman received 296 complaints for the entire regarding the final year that is financial.