'Fundamental changes' in the way unarranged overdrafts are provided may be necessary, the Financial Conduct Authority (FCA) has concluded from its review into high-cost credit, the results of which are published today.
According to the regulator, the review provides "clear evidence" its regulation of high-cost short-term credit - more commonly known as ‘payday lending' - has delivered "substantial benefits to consumers"....
Putting the tech into protection
Square Mile’s series of informal interviews
Fallout from Haywood suspension
Launching later in 2019
£80bn funds under calculation