Tag Archives: FCA

FCA to Review Credit Card Companies as 9 Million Britons are Badly in Debt

credit card

In UK, the credit card industry is worth £150 billion. This voluminous industry is going to be closely monitored by financial watchdog as there are approximately 9 million Britons, who are credit card holders and being pushed by the credit card companies to fall into debt. The announcement came from the Financial Conduct Authority. The FCA took responsibility on 1st ...

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