Sunday, 11 September 2011

Tories accept thousands of pounds from firm behind 200% loans

The Tories have accepted more than £100,000 from a company behind a "sub-prime" financial services business that lends to people with poor credit ratings at interest rates of 45% and, in some cases, almost 200%.

The donation was accepted just four days before the government voted down plans to curb the power of subprime lenders.

http://www.guardian.co.uk/politics/2011/sep/11/conservatives-party-funding-sub-prime?CMP=twt_fd

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