Published by Dan Base, Financial Information Author

What’s the worst cash advance horror tale you have heard? Brand New FCA guidelines will restrict exactly exactly exactly what they cost, ideally placing an end towards the worst situations. The plans are examined by us and whatever they’ll suggest if you want to borrow.

Today the Financial Conduct Authority (FCA) confirmed some tough new guidelines when it comes to loan that is payday that will start working in the beginning of 2015.

The FCA have actually stated: “for many regarding the borrowers that do spend their loans back on time, the limit on charges and charges represents significant defenses.”

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