114 HCSTC Announcement -

HCSTC is just one credit option ○ The FCA found that when applicants were declined, 43% decided not to borrow at all, 25% borrowed from friends and family

On 1st April 2014, the FCA took over the regulation of consumer credit firms, including those providing high-cost short-term credit (HCSTC or so

hcstc HCSTC market, showed an upward trend in volumes over the last two years Consumers in this region took out 15% of all UK HCSTC loans

hcstc comparing HCSTC products? We welcome that the FCA has conducted a review of the practices of PCWs in the HCSTC market and undertaken consumer testing of the