UK: Charter against irresponsible payday lenders Church Action on Poverty have launched a charter with a call for tougher regulation and enforcement in relation to payday lenders. The charter is a reaction to the financial conduct authority's (FCA) proposals for regulation, that are not considered as reaching far enough by several cross-party MPs and “some of Britain’s biggest debt, consumer and anti-poverty organisations”. Together they have launched the charter in parliament on the 15th October, intending to tackle the problem of unregulated predatory payday lending that has met with no response for over a decade. Read the article and the full text of the charter here: ID: 48376 Publication date: 17/10/13     URL(s): http://www.church-poverty.org.uk/drowningindebt

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Created: 17/10/13. Last changed: 17/10/13.
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