Pay day loan rollover plan is challenged by loan providers

Pay day loan rollover plan is challenged by loan providers Payday loan providers are split over an idea to restrict the amount of rollovers of short-term, high-interest loans, MPs have actually heard. https://title-max.com/installment-loans/ The town watchdog, the Financial Conduct Authority (FCA), has proposed a limitation of two extensions of pay day loans if borrowers decided …