Category Archives: Utah Online Payday Loans

Checking whether a debtor is vulnerable. Placing things right

Different facets will make an individual ‘vulnerable’. In April 2014 the FCA published a study called ‘Consumer Credit and customers in Vulnerable Circumstances’. This sets out just just what the FCA considers vulnerable to suggest. The FCA has since expanded with this in other payday loans UT reports, such as for example its Paper that is‘Occasional on Vulnerability’ in February 2015 as well as its conversation paper on ‘Duty of Care and Potential Alternative Approaches’. Continue reading