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Instalment Loan Development Overtakes Payday Advances Guide: the consequences of Payday Loan Regulation – Chapter 8 A notably unforeseen result of the FCA’s expense caps was instalment loan development. By distributing the re payments over almost a year, loan providers can charge more in interest while remaining underneath the limit. Just how do these instalment…

Instalment Loan Growth Overtakes Pay Day Loans Guide: the results of Payday Loan Regulation – Chapter 8 A significantly unanticipated result of the FCA’s expense caps happens to be instalment loan development. By distributing the re payments over many months, loan providers can charge more in interest while staying underneath the limit. How can these…