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Showing 1 to 11 of 11 search results for Borrowers must never have to pay back more in fees and interest than the amount borrowed.

1. Memorandums of understanding

   List of MoUs

2. FCA proposes price cap for payday lenders

   Press Releases Published: 15/07/2014 Last modified: 15/07/2014
   That’s a significant saving. “For those who struggle with their repayments, we are ensuring that someone borrowing £100 will never pay back more than £200 in any circumstance. ... Borrowers must never have to pay back more in fees and interest than

3. FCA confirms price cap rules for payday lenders

   Press Releases Published: 11/11/2014 Last modified: 17/11/2014
   People using payday lenders and other providers of high-cost short-term credit will see the cost of borrowing fall and will never have to pay back more than double what ... Borrowers must never have to pay back more in fees and interest than the amount

4. Consumer credit — high-cost short-term credit lending data

   Data Published: 24/01/2019 Last modified: 15/05/2019
   This page highlights insightful findings about the high-cost short-term credit market, drawing on both the new regulatory return data submitted to the FCA by consumer credit firms and the FCA's Financial Lives Survey 2017.

5. CP14/10: Proposals for a price cap on high-cost short-term credit

   Consultation papers Published: 15/07/2014 Last modified: 04/11/2016
   Our cap ensures that consumers will never need to pay back more than twice what they have borrowed, and someone taking out a typical loan over 30 days and repaying on ... time will not pay more than £24 per £100 borrowed.

6. MLA F: Mortgage lending - arrears analysis FAQs

   Registers and systems Published: 13/05/2016 Last modified: 13/06/2022
   MLA F: Mortgage lending - arrears analysis FAQs

7. Relending by high-cost lenders

   Firms Multi-firm reviews Published: 06/08/2020 Last modified: 07/08/2020
   This report sets out our review findings of relending by firms in the high-cost lenders portfolio.

8. From Diocletian to pay day loans: what can we learn from successful and unsuccessful price regulation?

   Speeches Published: 27/02/2018 Last modified: 27/02/2018
   Speech by Mary Starks, Director of Competition and Chief Economist at the FCA, delivered at the Social Market Foundation (SMF) lecture, London.

9. A to Z of financial terms - Borrowers must never have to pay back more in fees and interest than the amount borrowed

   Consumers Published: 20/03/2023 Last modified: 20/03/2023
   A to Z of financial services to help you understand financial and legal terms.

10. Realising the benefits of purposeful leadership

    Speeches Published: 01/11/2018 Last modified: 01/11/2018
    Speech by Jonathan Davidson, Director of Supervision – Retail and Authorisations at the FCA, delivered at the CCTA 2018 Conference, Nottingham.

11. Beesley lecture: Economics, technology and data - Redefining the future of conduct regulation

    Speeches Published: 14/11/2014 Last modified: 20/10/2015
    Key issues here: the fact that consumers were paying far more than the costs of providing many add-on products. ... The problem here is that this, in turn, led consumers to pay some 15% more when the price of the insurance was revealed later than if it