Secured loans to be regulated by FSA

Pinky69

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Joined: Jul 2010

Posts: 158
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#1

Secured loans to be regulated by FSA

27th January 2011, 09:01:AM

Secured loans are to be regulated by the FSA, including loans already in existence. The new regulations will kick in early 2012. Now the hedge funds that buy them won't be able to add exorbitant charges and hike up interest rates willy-nilly with a view to repossession. Bye bye to all that. Time to do some homework methinks and find out why these loans were mis-sold with a view to claims to the FOS/FSCS. If the PPI was mis-sold, there is a good chance the loan was mis-sold too.

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The Debt Star
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#2

27th January 2011, 10:00:AM

Re: Secured loans to be regulated by FSA

Good one, Pinky
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Secured loans to be regulated by FSA

Secured loans to be regulated by FSA

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