Six lenders cancel their HCSTC permission

Understanding the UK consumer credit market, HCSTC lenders and the regulatory evolution Relatively recent figures show that the second largest

Borrowers with HCSTC loans are predominantly young, with 37% of payday loan borrowers and 29% of short-term instalment borrowers aged between 25

hcstc As a result, HCSTC firms must ensure that: appropriate checks are carried out when assessing affordability and as part of this, that lending

hcstc Parliament gave the FCA a duty to introduce a price cap on HCSTC to secure an appropriate degree of protection for borrowers against