Debt Relief Industry Sued or Sanctioned

Lead Generation Websites Closed Following OFT Investigation in the UK

The Office of Fair Trading in the UK, the near equivalent of the FTC here in the U.S. just announced a crackdown on financial services lead generation sites.

In the UK, websites that generate leads must be licensed under the Consumer Credit Act.

The sites closed by the government were:

www.loansfordisabledpeople.co.uk
www.samedayloansforpeopleonbenefits.co.uk
www.militaryloans.org.uk
www.cashloansforpeopleonbenefits.org.uk
www.urgentloansbadcredit.co.uk
www.cashtoday.me.uk
www.cashpayday.me.uk
www.debitcardinstantloans.co.uk
www.cashloansunsecured.co.uk
www.loansforpeoplewithbadcredit.me.uk
www.samedayquickloans.co.uk
www.loansfordisabled.co.uk
www.unsecuredloansforpeopleonbenefits.co.uk
www.loansforpeopleondisability.co.uk
www.refusedaloan.org.uk
www.paydayinstallmentloans.co.uk
www.nofaxcashloans.org.uk
www.nofaxpaydayloan.me.uk
www.loansfortheunemployed.org.uk

As you can see the emphasis is primarily on quick cash, payday loans, or loans for disadvantaged people.

David Fisher, OFT Director of Consumer Credit said, “Websites like the ones we have shut down target vulnerable people and those who may not have easy access to credit. We advise consumers to think carefully before entering personal data into any lead generation website, in case this information is passed on without their knowledge.”

Sincerly,
Steve

You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.


I can always use your help. If you have a tip or information you want to share, you can get it to me confidentially if you click here.

READ  It's Your Own Damn Fault if You Get Screwed Over by Payday Loans the CFPB Seems to Signal



About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Leave a Comment

Scroll to Top