The FCA has significant concerns about the practices of some credit brokers – particularly in the high-cost short-term credit (HCSTC) and other subprime credit markets – which charge upfront fees to consumers.
http://www.fca.org.uk/news/ps14-18-c...oking-and-fees
http://www.fca.org.uk/news/ps14-18-c...oking-and-fees