FCA looks to make fair loans more accessible amid cost of living squeeze

FCA looks to make fair loans more accessible amid cost of living squeeze

City A.M.

Published

The Financial Conduct Authority is looking to incentivise firms to offer vulnerable borrowers fairer loans following the slow demise of payday loans. The UK’s high-interest loan market has shrunk considerably in the past few years, with the market exit from Provident Financial and troubled Amigo which has been batting off insolvency.   The watchdog, which [...]

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