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If we were to believe the national newspapers protection of Wonga failure, it may well seem that the cash loans marketplace is in critical fall.

If we were to believe the national newspapers protection of Wonga failure, it may well seem that the cash loans marketplace is in critical fall.

Those urban myths of this economical make Authority’s payday rules are on their way around once more:

  • That numerous manufacturers leftover the industry if the FCA’s high cost brief loans routine started in 2015 (fact scan: This is according to an assessment from the number of corporations with Office of fair-trading permits to provide payday advance loan – some of which had been lazy or tiny – with those sanctioned by the FCA after they accepted on rules with the marketplace). (далее…)