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Durham Research Online
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Payday lenders are out of time in their fight against credit cap.

Banks, S. (2013) 'Payday lenders are out of time in their fight against credit cap.', The Conversation. .

Abstract

Pressure is mounting on high cost credit companies to face tighter controls when they hand out short-term loans. Debt advice agencies, consumer organisations, anti-poverty campaigners and a cross-party group of MPs have all joined calls for the Financial Conduct Authority to regulate the market when it starts work in April 2014. A charter has now been published on the subject and the Labour Party has raised the political stakes by promising to introduce a cap on the cost of credit if it wins the next election.

Item Type:Article
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Publisher Web site:http://theconversation.com/payday-lenders-are-out-of-time-in-their-fight-against-credit-cap-19398
Publisher statement:This is an open-access article distributed under the terms of the Creative Commons Attribution No Derivatives License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. See http://creativecommons.org/licenses/by-nd/4.0/
Record Created:20 Nov 2014 11:05
Last Modified:21 Nov 2014 10:47

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