Businesswire- Cashfloat Presents an Interactive Payday Loans Quiz

- by Kelly Richards
Press release payday loans quiz

How Much You Know about Payday Loans? Cashfloat Presents an Interactive payday loans Quiz to Share with the Public Some Interesting Facts about the Payday Loans Market in the UK.

August 15, 2016 11:30 PM Eastern Daylight Time

LONDON–(BUSINESS WIRE)–, a trading style of Western Circle Ltd (WCL), has created a short, interactive quiz designed to help the public to better understand the payday loans market in the UK in a fun and entertaining way.

Western Circle Ltd (WCL), a London-based lending company trading as, has made it their mission statement to help UK citizens improve their financial situation in the long term. In addition to promoting fair lending conduct, Cashfloat aims to educates the public through numerous articles and guides, both about the payday loan market, and finance in general. The quiz reveals some interesting facts about the market that even people that already using payday loans for years, may find intriguing.

The payday quiz was created because ‘we wanted to introduce a bit of fun and humour into the very solemn world of debt. This way, people can have fun while learning information that could really help them,’ says Elizabeth Redfern, senior member of the cashfloat’’s educational channel team.

The quiz covers several topics including various statistics about payday loans, how they work, and the regulations put in place by the Financial Conduct Authority (FCA). After each question, the correct answer is provided together with more information, written in a clear, friendly style.

‘Here at Cashfloat, we love helping people, so we are really excited about this new quiz. We’re always looking to take Cashfloat to new levels – we’re not just another payday lender,’ Redfern explains.
Cashfloat’s payday loan trivia quiz can be found here
About The Author
Kelly Richards
Kelly Richards is the founder of the Cashfloat blog and has been working tirelessly to produce interesting and informative articles for UK consumers since the blog's creation. Kelly's passion is travelling. She loves her job because she can do it from anywhere in the world! Whether inspiration hits her while sitting on the balcony of a French B&B, or whether she is struck with an idea in a roadside cafe in Moscow, she will always make sure that the idea comes to fruition. Kelly's insights come from her knowledge gained while completing her degree in Economics and Finance as well as from the people she meets around the world. Her motto is: Everyone you meet has something valuable to teach you, so meet as many people as you can!
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Cashfloat is a trading style of Western Circle Limited - Company Registration Number: 7581337. We are fully authorised and regulated by The Financial Conduct Authority. FCA full permission license: 714479. ICO Registration Number: Z3305234

* Cashfloat terms and conditions apply. Applicants must be 18 or over. All loans are subject to affordability, applicant verification and traditional credit checks via various national databases by Cashfloat responsible lending policy. In most cases, loan decisions may take up to 30 minutes during office working hours. If your bank does not support Faster Payments, funds will be sent to your account the same day as approval so long as you’re approved by 16:30.

Representative example: Borrow £600 for 4 months, 4 monthly repayments of £247.68. Total repayment £990.71, interest rate p.a. (fixed) 270.10%. RAPR 997%.

Warning: Late repayment can cause you serious money problems. For help, go to

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