Cheque Centre prevents offering solitary payment payday loans and agrees to change business design to satisfy FCA’s tougher customer security needs

Cheque Centre prevents offering solitary payment payday loans and agrees to change business design to satisfy FCA’s tougher customer security needs
An important British payday loan provider has exited the instalment that is single loan market (i.e. loans that really must be repaid in one single lump amount) and promised to alter the means it gives loans and treats customers struggling to settle their debts, after an understanding aided by the Financial Conduct Authority (FCA). Also as not any longer selling solitary in...