Pay day financing: dealing with clients fairly in a fresh regulatory landscape

Pay day financing: dealing with clients fairly in a fresh regulatory landscape

April 2014 saw significant improvement in the customer credit industry, with a number of financing firms coming underneath the guidance of this Financial Conduct Authority (FCA) for the very first time. All the media protection ended up being centered on one part for the market: cash advance businesses. The protection had been almost universally negative, with a few parts of the media predicting that 50 % of all payday loan providers would instead walk out company than run under stricter laws. Continue reading “Pay day financing: dealing with clients fairly in a fresh regulatory landscape”

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