Regulator targets high-cost credit deals on consumer goods, loans and overdrafts

Watchdog could introduce price caps on catalogue credit and rent-to-own, similar to those imposed on payday loans. This article was written and taken from – https://www.theguardian.com/business/2016/nov/29/fca-high-cost-credit-catalogue-credit-payday-loans A wide range of high-cost credit – from catalogue loans to overdrafts – is to be reviewed by the Financial Conduct Authority in a Read more…