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Credit rating businesses must raise marketing requirements, says FCA

Saturday, December 19th, 2020

Credit rating businesses must raise marketing requirements, says FCA

Credit firms should do more to make sure their advertisements and promotions usually do not mislead customers that are potential. The findings come as Financial Conduct Authority (FCA) data reveal this one in five ads from credit rating businesses, for services and products including pay day loans, fell in short supply of the FCA’s monetary advertising objectives – although many organizations had been fast to help make changes once the shortcomings had been stated. (more…)