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January 25, 2019

FCA Publishes Recent Payday Lending Trends

The FCA has published new data on insights and trends in the high-cost short-term credit (HCSTC, also known as ‘payday lending’) market. It said: Lending volumes in the market remain well below the levels seen in 2013, but have risen since 2016. Over 5.4 million loans were made in the year to 30 June 2018, with 10 […]