5 000 Pay Day Loan Fraud

Published / Last Updated on 22/10/2010

5,000 Pay Day Loan Fraud

by Ashley Clark, Director

Help Loan, a finish owned, pay day loan firm operating in the UK has suffered at the hands of fraudsters.

Fraudsters used personal details of people without their knowledge, made pay day loan applications in their name and pocketed over £1.5m.

The fraud only came to light when unsuspecting people received letters and demands for repayment of their ‘loan’.

The Finish company has vowed to tighten its security.

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