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Wednesday, July 5, 2017

Bank of England steps up scrutiny of lenders | Business | The Guardian

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theguardian.com
– Jill Treanor
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Threadneedle Street tells credit card and personal loan providers to stick to their terms and conditions as UK lending growth increases The Bank of England is stepping up its scrutiny of banks and other lenders on credit cards, personal loans and car purchases amid fears they are being lulled into a false sense of security by the current economic backdrop. Threadneedle Street is writing to the firms it regulates after reviewing the consumer credit sector, where lending is growing at 10.3% a ye..  show all text
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