Payday lenders may vanish within year as result of price cap, says economist

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Payday lenders may vanish within year as result of price cap, says economist | Money

10th November 2014, 20:40:PM

Price caps on payday loans to be revealed by the regulator on Tuesday could see the controversial lenders disappear from the high street within a year, according to one expert who has worked on the policy with the watchdog. In July, the Financial Conduct Authority said it was planning to limit interest on short term […]

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Payday lenders may vanish within year as result of price cap, says economist | Money

Payday lenders may vanish within year as result of price cap, says economist | Money

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