The question was asked “Are consumers getting a better deal after the payday loans cap?” The cap on payday loans may have been introduced over 18 months ago, but a recent report by the Citizen’s Advice […]
Tag: Financial Conduct Authority
Go beyond the headlines
We’re now into January 2015 and that means one of the major new Financial Conduct Authority rule changes has come into effect for short-term lenders: this is the new rate cap, where lenders can’t charge […]