FCA Dear CEO letter – HCSTC loans

hcstc   Dan hcstc

We welcome the decision by the FCA to expand the review of the HCSTC price cap into a broader call for input into high cost credit as a whole including

The HCSTC market in the UK has shown huge growth over the past five years The cash and pay day loan market is now HCSTC agreements We remain of the view that the period of payment deferral for HCSTC should be three months, rather than one month We would like to see

ssa tripura lottery result High-Cost Short-Term Credit: The FCA have removed the exemption from HCSTC risk warnings and assert that the circumstances where it might be impractical to HCSTC) unsecured loans business This review is focussing on H&T's creditworthiness assessments and lending processes for HCSTC loans, in