Brokers urged to abandon unreliable lenders

It says using reputable and reliable lenders is the best way to safeguard the interests of their clients in the current economic climate. The recommendation comes after the recently-formed body said it had been brought to its attention some firms appeared to be charging applicants very substantial fees in relation to short-term loans that failed to materialise. Adrian Bloomfield, chief executive officer at the ASTL, says it is pleased to report none of its members had been implicated in these allegations and no complaints had been made to the ASTL about any of its members. We wish to ...