Banks, S. (2013) 'Payday lenders are out of time in their fight against credit cap.', The Conversation. .
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.
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|Record Created:||20 Nov 2014 11:05|
|Last Modified:||21 Nov 2014 10:47|
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