FCA has announced that payday lender Dollar Financial UK (Dollar) has agreed with an FCA review to refund over £15.4 million to 147,000 customers. These customers were often lent more than they could afford to repay by Dollar, trading as The Money Shop, Payday UK, Payday Express and Ladder Loans. The redress relates to loans taken out between 1 April 2014 and 30 April 2015 in respect of affordability issues and 1 January 2013 and 30 April 2015 in relation to collections issues. (Source: Dollar Agrees with FCA to Provide Redress)