FCA Review into debt collection practices of payday lenders starts on day one of FCA

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FCA Review into debt collection practices of payday lenders starts on day one of FCA

12th March 2014, 09:20:AM

Payday lenders and other high cost short term lenders will be the subject of an in-depth thematic review into the way they collect debts and manage borrowers in arrears and forbearance, the Financial Conduct Authority FCA announced today.The review will be one of the very first actions the FCA takes as regulator of consumer credit, […]

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FCA Review into debt collection practices of payday lenders starts on day one of FCA

FCA Review into debt collection practices of payday lenders starts on day one of FCA

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