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Commercial Credit News
|FCA payday findings come as little surprise|
|Tuesday, 10 March 2015|
Following the release of the findings of the Financial Conduct Authority’s (FCA) review into the treatment of customers in arrears by payday lenders, Mike O’Connor, Chief Executive of StepChange Debt Charity, said:
“Today’s findings come as little surprise to anyone who has dealt with the fallout of the payday lending industry’s bad practices in recent years. For too many payday loan firms the poor treatment of customers has been the basis of their business plan.
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