RESPONSIBLE ACROSS THE BOARD

Marc from Mr Lender gives his views on calls for payday loan TV adverts to be banned pre the 9pm watershed. It’s been widely publicised that the Financial Conduct Authority (FCA) is now responsible for the regulation of the high cost short-term credit market, otherwise known as the payday loans industry. This is a major but great move, as it will ensure a top-to-bottom refresh of a sector that has (quite rightly in some cases) earned a less than favourable image in the eyes of the public. Today it’s been reported that Government ministers are pushing for rules which would mean