FCA Warning: Senseless Housing Policy Fueling High-cost Credit Rip-off

FCA Warning: Senseless Housing Policy Fueling High-cost Credit Rip-off

FCA boss Andrew Bailey has called out ministers for “forcing” tenants to take costly loans. According to Bailey, the social housing policy offering tenants unfurnished council homes has pushed many Brits to take high-cost loans. Bailey doesn’t see sense in… Continue Reading

The FCA Poised to Protect UK Consumers from High-Cost Credit

The FCA Poised to Protect UK Consumers from High-Cost Credit

Since 2017, the FCA has been demonstrating an urgency to come up with new rules aimed at protecting Britons from high-cost credit. According to the latest reports from the regulator, UK borrowers could soon have better laws protecting them from… Continue Reading

The FCA Keeps the Payday Loan Price Cap in Place until 2020

The FCA Maintains the Payday Loan Price Cap in Place until 2020

On 31st July 2017, the FCA published the results of a review it had done on high-cost credit which included an assessment of the effectiveness of its recent payday loan price cap. The review offers undisputed evidence that the FCA… Continue Reading