FCA boss introduces security overgrowth debt obligations out of teenagers inside the British as quantity of insolvent 18- to help you 34-year-olds in the uk jumps by a 3rd

The fresh new FCA wants so much more work on alternative, reasonable borrowing and you can cutting long-title credit debt and you may large-rates payday loan. Photograph: John Giles/PA

The fresh new FCA wishes a great deal more focus on sustainable, reasonable borrowing and you will cutting long-title credit card debt and you will highest-rates payday loan.