We use cookies to ensure that we give you the best experience on our website. By continuing to browse this repository, you give consent for essential cookies to be used. You can read more about our Privacy and Cookie Policy.

Durham Research Online
You are in:

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. .


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
Full text:(VoR) Version of Record
Available under License - Creative Commons Attribution No Derivatives.
Download PDF
Publisher Web site:
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
Date accepted:No date available
Date deposited:20 November 2014
Date of first online publication:October 2013
Date first made open access:No date available

Save or Share this output

Look up in GoogleScholar