The cap on payday advances works, it is now time to have a l k at other markets

05 Июл 2021

The cap on payday advances works, it is now time to have a l k at other markets

Today the Financial Conduct Authority (FCA) published their feedback declaration on its article on high-cost credit, particularly pay day loans.

Their choice happens to be to help keep the cap that is current payday advances at 0.8% each day, and making certain customers never spend significantly more than 100per cent in charges and interest for the quantity lent. Continue reading The cap on payday advances works, it is now time to have a l k at other markets