| dbo:abstract |
Western Circle (trading as Cashfloat) is a British payday loan company offering "short-term, high-cost credit". The interest charged by the lender is 277.40% pa. The interest is non-compound, as dictated by the FCA. The company declare an APR of 1116% but also claim that the APR measurement is irrelevant for non-compound loans. Currently, the firm operates in the UK market only. The company claims to be technology oriented, and develops its own decision making algorithms. Consumer credit suppliers were regulated in the UK by the Office of Fair Trading (OFT) until April 2014, but are now regulated by the new Financial Conduct Authority (FCA). The firm's activity under the OFT was too small to cause any headlines, and hence didn't get direct criticism like much more active companies, such as Wonga. The current activity of the company is allied to the strict regulations of the FCA. The new regulations force much fairer practices in comparison to the period of 2014, and hence no significant complaints arrived to the media. (en) |
| dbo:foundingYear |
2014-01-01 (xsd:gYear) |
| dbo:thumbnail |
wiki-commons:Special:FilePath/Cashfloat_Logo.png?width=300 |
| dbo:type |
dbr:Private_company |
| dbo:wikiPageExternalLink |
https://www.cashfloat.co.uk |
| dbo:wikiPageID |
52583557 (xsd:integer) |
| dbo:wikiPageLength |
4443 (xsd:nonNegativeInteger) |
| dbo:wikiPageRevisionID |
1031619851 (xsd:integer) |
| dbo:wikiPageWikiLink |
dbr:Private_company dbr:Satsuma_Loans dbc:2014_establishments_in_England dbr:Payday_loan dbr:Money_Gap_Group dbr:Credit_union dbr:London dbc:Online_financial_services_companies_of_the_United_Kingdom dbc:British_companies_established_in_2014 dbr:Dollar_Financial_Group dbc:Payday_loan_companies dbr:Financial_Conduct_Authority dbr:Wonga.com dbr:Consumer_credit dbr:File:Cashfloat_Logo.png |
| dbp:founder |
Jeremy Lloyd (en) |
| dbp:homepage |
https://www.cashfloat.co.uk |
| dbp:industry |
Technology finance (en) |
| dbp:locationCity |
dbr:London |
| dbp:locationCountry |
United Kingdom (en) |
| dbp:logo |
250 (xsd:integer) |
| dbp:name |
Western Circle Limited (en) |
| dbp:products |
Short-term credit (en) |
| dbp:tradedAs |
Cashfloat (en) |
| dbp:type |
dbr:Private_company |
| dbp:wikiPageUsesTemplate |
dbt:EngvarB dbt:Infobox_company dbt:Reflist dbt:Start_date_and_age dbt:Use_dmy_dates |
| dct:subject |
dbc:2014_establishments_in_England dbc:Online_financial_services_companies_of_the_United_Kingdom dbc:British_companies_established_in_2014 dbc:Payday_loan_companies |
| rdf:type |
owl:Thing dbo:Company schema:Organization dul:Agent dul:SocialPerson dbo:Agent wikidata:Q24229398 wikidata:Q43229 wikidata:Q4830453 dbo:Organisation |
| rdfs:comment |
Western Circle (trading as Cashfloat) is a British payday loan company offering "short-term, high-cost credit". The interest charged by the lender is 277.40% pa. The interest is non-compound, as dictated by the FCA. The company declare an APR of 1116% but also claim that the APR measurement is irrelevant for non-compound loans. Currently, the firm operates in the UK market only. The company claims to be technology oriented, and develops its own decision making algorithms. (en) |
| rdfs:label |
Western Circle (en) |
| owl:sameAs |
yago-res:Western Circle wikidata:Western Circle https://global.dbpedia.org/id/2cMUN |
| prov:wasDerivedFrom |
wikipedia-en:Western_Circle?oldid=1031619851&ns=0 |
| foaf:depiction |
wiki-commons:Special:FilePath/Cashfloat_Logo.png |
| foaf:homepage |
https://www.cashfloat.co.uk |
| foaf:isPrimaryTopicOf |
wikipedia-en:Western_Circle |
| foaf:name |
(en) Western Circle Limited (en) |
| is dbo:wikiPageWikiLink of |
dbr:Nursing_in_the_United_Kingdom dbr:Payday_loans_in_the_United_Kingdom |
| is foaf:primaryTopic of |
wikipedia-en:Western_Circle |
