Need for payday advances isn’t going away. We have to measure and promote accountable finance.
Need for payday advances isn’t going away. We have to measure and promote accountable finance. This month, for the first time the Financial Conduct Authority (FCA) released figures in the high-cost short-term credit market (HCSTC), in addition they paint a worrying photo. HCSTC (usually by means of a cash advance) is increasing since 2016 despite a decrease in the amount…read more →