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

NewDay Ltd Prolonging Your Debt

  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,…

Scale financial against freedoms

NewDay Ltd’s Forced Repayment Plans – A Violation of Fair Lending?

Are NewDay Ltd’s Persistent Debt Policies Unfair to Borrowers?   Managing debt responsibly requires careful planning—strategic payments, credit score optimization, and balancing multiple financial obligations. However, NewDay Ltd is imposing forced repayment plans on borrowers, disrupting their financial strategies and prioritizing their own interests over consumer autonomy. I recently received a letter stating that NewDay…