Showing results for tags 'scrutiny'.
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The payday industry is beginning to take a more customer-focused approach to its business, but a review of the first twelve months of the Financial Conduct Authority’s (FCA) regulation of the sector has shown that too many firms have been failing to meet the requirements to treat customers in arrears fairly. http://www.fca.org.uk/news/payday-lenders-failing-customers-in-arrears-says-fca -
All-party group will ask whether customers paying 70% APR on household items are getting value for money BrightHouse, the controversial “rent to own” furniture and electrical goods chain aimed largely at pay-by-the-week low-income households, is to be investigated by an all-party parliamentary group just weeks after it appointed advisers to prepare for a possible stock market float. The inquiry will examine the “very high” costs for people on low incomes who use rent to own to obtain sofas and TV sets and whether consumers should be better protected. http://www.theguardian.com/money/2014/sep/08/rent-to-own-firms-face-parliamentary-scrutiny -
Coming through your letterbox any day now http://www.socialscrutiny.org/formication/benefits_files/page4-1000-full.php
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