Infographic: high-cost credit – FCA findings and proposals
The UK’s Financial Conduct Authority (FCA) has announced new proposals designed to protect millions of people who use overdrafts and high-cost credit.
The changes the FCA are consulting on follow a review into this market. It will gather additional evidence and carry out further analysis before “any formal decisions can be made on a number of other issues”. But in the meantime, here are some of its findings in an elegant and brief infographic.
