{"id":89594,"date":"2018-05-27T18:40:09","date_gmt":"2018-05-27T11:40:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-urged-to-extend-cap-on-payday-loan-fees-to-other-forms-of-credit\/"},"modified":"2018-05-27T19:03:28","modified_gmt":"2018-05-27T12:03:28","slug":"fca-urged-to-extend-cap-on-payday-loan-fees-to-other-forms-of-credit","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-urged-to-extend-cap-on-payday-loan-fees-to-other-forms-of-credit\/","title":{"rendered":"FCA urged to extend cap on payday loan fees to other forms of credit"},"content":{"rendered":"


\nDebt charities and MPs want action when City watchdog\u2019s 18-month review is publishedThe City watchdog is facing mounting pressure to extend its cap on payday lending fees and interest to a broader range of high-cost financial products before a major review of lending practices this week. Debt charities and politicians are urging the Financial Conduct Authority (FCA) to take decisive action on Thursday when it publishes the findings of an 18-month review into bank overdrafts, doorstep loans, catalogue credit and rent-to-own borrowing. Continue reading…
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\nSource : theguardian.com
\nRead more…FCA urged to extend cap on payday loan fees to other forms of credit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Debt charities and MPs want action when City watchdog\u2019s 18-month review is publishedThe City watchdog...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-89594","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-nj4","jetpack-related-posts":[{"id":66762,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/payday-loan-caps-come-into-force\/","url_meta":{"origin":89594,"position":0},"title":"Payday loan caps come into force","date":"January 2, 2015","format":false,"excerpt":"\r New regulations introduced by the FCA mean loans will now be capped at 0.8% a day, as over 1 million borrowers benefitWell over a million people will see the cost of their borrowing fall now that new price caps on payday loans have taken effect.However, early indications are that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/payday-loans-complaints-rise-22-despite-fca-clampdown\/","url_meta":{"origin":89594,"position":1},"title":"Payday loans complaints rise 22% despite FCA clampdown","date":"February 28, 2017","format":false,"excerpt":"\r Ombudsman says it is now receiving about 200 such complaints a week, but PPI remains the worst offenderComplaints to the financial ombudsman about payday loans have risen to almost 200 a week \u2013 and not all of those experiencing problems necessarily fit the image of low-income borrowers relying on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52646,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bill-sets-out-plan-to-tackle-extortionate-uk-overdraft-fees\/","url_meta":{"origin":89594,"position":2},"title":"Bill sets out plan to tackle 'extortionate' UK overdraft fees","date":"April 23, 2017","format":false,"excerpt":"\r Legislation proposed by MP Rachel Reeves would make banks subject to similar rules as payday lendersBank customers ripped off by \u201cextortionate\u201d overdraft fees will get support next week from a parliamentary bill that promises to protect the most financially vulnerable from escalating charges.Rachel Reeves, a Labour MP who sits\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123499,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-urges-lenders-to-support-uks-47000-mortgage-prisoners\/","url_meta":{"origin":89594,"position":3},"title":"FCA urges lenders to support UK\u2019s 47,000 \u2018mortgage prisoners\u2019","date":"November 30, 2021","format":false,"excerpt":"\r Regulator asks banks and building societies to offer support to borrowers unable to switchBanks and building societies have been urged to consider changes to lending criteria to help an estimated 47,000 borrowers who could benefit from a cheaper home loan but are currently unable to move.A review of \u201cmortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50758,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/struggling-credit-card-holders-could-see-fees-and-charges-waived\/","url_meta":{"origin":89594,"position":4},"title":"Struggling credit card holders could see fees and charges waived","date":"April 3, 2017","format":false,"excerpt":"\r FCA makes proposals for those with persistent credit card debt, where all their money goes on repaymentsMillions of people languishing under long-term credit card debt could see their charges eased or withdrawn under proposals outlined by the financial watchdog. The Financial Conduct Authority (FCA) has announced a raft of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83811,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stella-creasy-to-call-for-crackdown-on-high-cost-credit-cards\/","url_meta":{"origin":89594,"position":5},"title":"Stella Creasy to call for crackdown on high-cost credit cards","date":"March 27, 2018","format":false,"excerpt":"\r Labour MP who championed payday loan fee caps in new push to help tackle problem debtThe Labour MP who championed a crackdown on payday lenders is taking aim at high-cost credit cards, calling for a cap on fees and interest charges to protect vulnerable customers.Stella Creasy, credited with forcing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/89594"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=89594"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/89594\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=89594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=89594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=89594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}