The professional body of "loan sharks".
Consumer Finance Association
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My advice: Do not ever take out a Payday Loan. No one EVER needs to do this for ANY reason (except stupidity). Payday Loans are just WRONG!
So will regulation sort out the problem? No. Just make legitimised "loan sharking" illegal. Sorted!
The Financial Conduct Authority will be pretty toothless as the Financial Services Authority has been. The so called "financial experts" in the FSA never saw the Banking Crisis coming. A ship of fools!
FSA - Regulatory Reform - Background
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