Archives: Tennessee Online Payday Loans

Credit countdown – Review into commercial collection agency techniques of payday lenders begins on day certainly one of FCA regulation

Payday loan providers along with other high price brief term loan providers could be the topic of an in-depth thematic review in to the means they gather debts and manage borrowers in arrears and forbearance, the Financial Conduct Authority (FCA) announced today.

The review will likely to be among the initial actions the FCA takes as regulator of credit rating, which starts on 1 April 2014, and reinforces its commitment to protecting customers – one of their statutory objectives. Continue reading