This thirty days, the very first time the Financial Conduct Authority (FCA) released figures regarding the high-cost short-term credit market (HCSTC), and additionally they paint a picture that is worrying.
HCSTC (usually by means of a cash advance) happens to be increasing since 2016 despite a decrease in the amount of lenders. ВЈ1.3 billion ended up being lent in 5.4 million loans within the 12 months to 30 June 2018i. In addition, current quotes reveal that the mortgage https://signaturetitleloans.com/title-loans-wi/ shark industry may be worth around ВЈ700millionii. Read More