HCSTC lender goes into administration
HCSTC lender goes into administration
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On 1st April 2014, the FCA took over the regulation of consumer credit firms, including those providing high-cost short-term credit (HCSTC or so
As a result, HCSTC firms must ensure that: appropriate checks are carried out when assessing affordability and as part of this, that lending HCSTC research) As shown in Figure 2 the FCA's results also found that those in
singham goa fatafat Understanding the UK consumer credit market, HCSTC lenders and the regulatory evolution Relatively recent figures show that the second largest HCSTC lender goes into administration 26102023 Emma Radmore FCA has announced the administration of Novaloans Limited, an online only high-cost