UK’s Short-term Lending Business ‘Desperate’ for Innovation

UK’s Short-term Lending Business ‘Desperate’ for Innovation

The UK’s high-cost temporary financing industry (HCST) has seen a big upheaval within the last one year – perhaps much more than some other regulated industry https://getbadcreditloan.com/payday-loans-co/ in the united kingdom.

As the Financial Conduct Authority introduced new policies in January 2015 such as for instance day-to-day cost limit and a tougher authorisation procedure, this has taken some years to begin to see the effect that is full. Sigue leyendo