Federal Government takes action to tackle lending that is payday

Federal Government takes action to tackle lending that is payday

Payday loan providers could face brand brand new limitations how they advertise and a code that is new of under fresh plans established today

It was posted beneath the 2010 to 2015 Conservative and Liberal Democrat coalition federal government

Payday loan providers could face brand new restrictions on what they promote and a code that is new of, under fresh plans established today by customer Minister Jo Swinson and Economic Secretary into the Treasury Sajid Javid.

This uses brand brand brand new evidence shows issues in the market are harming customers.

The measures announced form part of wider government efforts to strengthen the way consumer credit is regulated today.

In addition, Sajid Javid and Jo Swinson also have launched a session today confirming the government’s intention to maneuver legislation of credit to your brand brand new Financial Conduct Authority (FCA) from April 2014, and offered further information on the way the regime that is new work. Read more