Most Recent Consumer Credit Information

FCA performing Chief Executive provides speech on credit legislation
Tracey McDermott, the Acting leader in the FCA, delivered an address at Credit Summit 2016 on credit rating legislation in addition to journey to date. On 1 April 2014, around 50,000 organizations transferred with interim authorization from the OFT into the FCA.
Find out more on Lexology (subscription)

Credit rating companies shrink after FCA crackdown
A lot more than 1,400 credit rating companies have remaining a responding to harder guidelines enforced because of the UK's economic watchdog. A large number of businesses, including charge card providers, debt management businesses and payday loan providers, had to …
Find out more on Financial Occasions

Is Consumer Debt Constraining Economic Development?
What would happen to consumer investing if Federal Reserve gets its desire of greater rising prices? Anytime i believe that credit rating development needs to be approaching the tipping point, the second thirty days credit develops once more. After all, logic dictates the …
Read more on Pursuing Alpha