The brand new cash advance industry’s character might have been stained from the years of discipline and you may misconduct. not, into input of your FCA, it seems like pay day lenders enjoys turned-over a special leaf. Otherwise have they?
Nevertheless, is there a location for them regarding changing field of modern borrowing? Find out more about the latest advancement away from cash advance in this Short Money Show book.
The cornerstone on the number of blogs is the OFT report called ‘Pay-day – Compliance Feedback Last Statement‘ (OFT 1431), put-out in . We’ve utilized the suggestions presented contained in this statement in 2 more suggests. In 2 chapters, i use the statistics off 2013 and 2017 examine and you can evaluate exactly what familiar with happen following in what goes now. (más…)