Answer Bag – Protecting Consumers Financial Interests

Web Name: Answer Bag – Protecting Consumers Financial Interests






When you visit our website, we may send you a cookie. To learn more, please refer to our Privacy Policy. By continuing to use our website, you agree to this. By continuing, you agree to our Cookie Policy. It can be hard to navigate the many paths and choices you are faced with during life s critical financial decisions. Learn how to make smart and informed financial decisions by browsing our various consumer guides. Latest NewsFCA Takes Over Payday Loans RegulationThe Financial Conduct Authority has officially taken over the regulation of the £200 billion consumer credit market. Consumers are now better protected under the FCA s new rules and regulations for businesses offering credit, which includes payday lenders. The takeover was preceded by the OFT s investigation into the practices of many of the top payday companies. As the number of payday loans has boomed over the past several years, so has the number of complaints received — a 2,529% increase between 2008 and 2011 — due to unscrupulous behaviour by many lenders. Read more about the crackdown on payday loans in our industry report and see what the FCA s takeover means for the payday industry in our blog post. Read our free, unbiased advice for consumers on money, debt, and financial products. Read More Gain an insider s perspective on the latest developments in the financial industry. Read More Try our financial tools to assist with financial planning, loans, debt management and more. Read More Let us know about your experience, positive or negative, with a financial company or product. Read More We highlight the most trusted organisations working to protect consumers interests. Read More Stay up to date with the latest news, reports, and financial guides by subscribing to our newsletter. © Answer Bag 2019. Answer Bank: St Mary's Parsonage, Manchester M3 2WJ Tel: 0161 832 69444

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Empowering consumers through education in the areas of credit, loans, debt and personal finance.

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