Cash advance businesses could face tougher limitations on where, and exactly how, these are generally permitted to market.
That is one of the choices to be looked at by the Financial Conduct Authority (FCA), after Monday’s industry summit in Whitehall.
Loan providers, regulators, charities and federal government ministers all met to take into account controls on payday loan providers.
The other day, the present regulator, work of Fair Trading, referred the problem towards the Competition Commission. Continuar lendo Payday lenders could face marketing ban. Pay day loan organizations could face tougher limitations on where, and exactly how, they’ve been permitted to promote.