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Consumer Finance Association response to FCA review. PDF Print E-mail
Tuesday, 29 November 2016
Responding to the FCA announcement of a review of high-cost credit, Russell Hamblin-Boone, Chief Executive of the Consumer Finance Association said:   "The FCA review is a good first step. Today we have published the first independent report on the impact of FCA regulation of short-term lenders, introduced two years ago. It shows that well-designed regulation leads to lower prices, more affordable credit and better outcomes for those who are eligible for credit. Consumers will benefit from equal regulation of other high-cost credit markets."

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