|
Ferdinand pregunto:
I´m on holiday <a href=" http://www.salespulse.com/index.php/public-service-performance/membership-management/ ">vazomyne</a> Announcements by the Financial Conduct Authority about limiting rolling over of loans and lender access to bank accounts are welcome as progress on the status quo. Yet until we deal with the cost of credit itself, there is little prospect of real change or protection for British consumers. Capping the total cost of credit - as they have in Japan and Canada - means limiting the total charge including interest rates, admin fees and late repayments. Borrowers have certainty about the debts they incur, and firms have little incentive to keep pushing loans as they hit a ceiling on what they can squeeze out of a customer. |
|
|
|
