Tag: Yes Loans

Yes Loans to appeal against loss of Money Worries licence

Yes Loans to appeal against loss of Money Worries licence

Credit broker Yes Loans has decided to appeal against the withdrawal of a consumer credit licence from its affiliate company Money Worries Ltd. The Office of Fair Trading (OFT) stripped Yes Loans, and its affiliate companies, Money Worries Ltd and Blue Sky Personal Finance Ltd, of their licences in March, after customer complaints prompted an […]

April 5, 2012 More
Payday loan company’s licence revoked

Payday loan company’s licence revoked

Credit broker Yes Loans has had its licence revoked by the Office of Fair Trading (OFT) over concern that its business practices ‘deceitful and oppressive’. Two associated businesses, Blue Sky Personal Finance and Money Worries Limited, have also been found to be unfit to hold a consumer credit licence. Following a long-term investigation, the OFT […]

March 9, 2012 More