The days are gone whenever British payday loan providers could use countless interest expense and charges to individuals whenever they neglected to repay promptly. The Investment run power (FCA) end disreputable techniques like these a few years back. Luckily, clients are now secure against reckless financing and theyre floods back again to a in droves.

If you’d like to find out more regarding how the FCA protects consumers borrowing temporary credit, heres all of our self-help guide to the part that FCA performs in payday advance loan business.

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