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StepChange secures FCA authorisation

The Foundation for Credit Counselling has achieved authorisation by the Financial Conduct ...

  • Nov 16, 2016
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Over 1,400 credit firms exit sector amid FCA crackdown

Over 1,400 consumer credit firms have left the industry since 2014 as stricter conduct rul...

  • Apr 11, 2016
  • 1

Wonga to pay £2.6m in compensation for ‘unfair and misleading’ debt collection practices

Wonga is to pay over £2.6m to around 45,000 customers for 'unfair and misleading' debt co...

  • Jun 25, 2014
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FCA probe uncovers logbook lenders using bullying tactics

The Financial Conduct Authority has found evidence of consumers being pressured and threat...

  • Jun 05, 2014
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Mortgage Solutions’ office targeted by fraudulent clone firm

Fraudsters posing as a secured loans firm enlisted Mortgage Solutions' office location to...

  • May 15, 2014
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FCA forces payday lender to instill ‘customer first’ culture

Payday lender, the Cheque Centre has been forced to overturn its business model after the ...

  • May 13, 2014
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Paragon to launch residential secured loans range – exclusive

Paragon plans to launch a residential secured loan range exclusively via brokers through P...

  • Apr 03, 2014
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Payday lenders’ excessive fees are ‘unlawful’ – Which?

Which? has accused payday lenders of 'exploiting borrowers' and acting unlawfully by charg...

  • Jan 13, 2014
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FCA to provide Consumer Credit Licence rebates firm-by-firm

Consumer credit licence holders will receive a refund based on how recently they renewed t...

  • Dec 10, 2013
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Advisers nervous as consumer credit licence refund still unconfirmed

Mortgage brokers holding ‘lifetime’ Consumer Credit Licences continue to face uncertai...

  • Nov 29, 2013
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