Cash advance price limit makes force but consequences that are unintended already be needs to show

Cash advance price limit makes force but consequences that are unintended already be needs to show

The Financial Conduct Authority’s (FCA) controversial limit from the price of payday advances makes impact today.

The interest and costs charged on pay day loans will now be limited by 0.8 % a day. The modifications may also be supposed to make sure that in case a debtor defaults they’re not going to back need to pay significantly more than increase the total amount they borrowed. Continuer la lecture de « Cash advance price limit makes force but consequences that are unintended already be needs to show »