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NewDay Ltd When Policy Turns into Profit

Business, Other

NewDay Ltd and Persistent Debt: Over the past few years, UK credit card customers have received waves of letters warning them that they’re in “persistent debt.” The Financial Conduct Authority (FCA) introduced rules requiring lenders to step in when a customer pays more in interest than toward their actual balance for over 18 months. In…

NewDay Ltd’s forced repayment plans appear designed to prolong your debt and serve their own financial interests

NewDay Ltd Prolonging Your Debt

Business, Other, Uncategorized

  In today’s challenging financial landscape, many responsible borrowers are alarmed by how forced repayment plans can actually prolong your debt. NewDay Ltd, a major credit provider in the UK, has recently come under fire for imposing repayment plans that seem designed to favour their own financial interests—at the expense of consumers. In this post,…