Let me tell you about price limitation security against high priced pay loans day

Let me tell you about price limitation security against high priced pay loans day

Research for the Financial Conduct Authority led to an expense cap for payday improvements – protecting a lot more than four million pay loan clients from exorbitant interest costs day.

Results

  • Dr John Gathergood worked utilising the Financial Conduct Authority (FCA) to try the planet’s biggest research for the behavior of households that use payday solutions, leading to recommendations for developing the amount of this loan expense limit.
  • FCA credit history policy have been shaped due to the extensive research, helping protect 4.3 million people from careless loan techniques in britain. (tovább…)

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