Provident Financial's loan problem has landed in the FCA's lap | Nils Pratley

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The lender signed up to the financial regulator’s responsible practices, so why the large mess?

The Financial Conduct Authority provided a service for the nation when it took on Wonga and its payday imitators – those that followed were supposed to be easier to control.The Financial Conduct Authority provided a service for the nation when it took on Wonga and its payday imitators – those that followed were supposed to be easier to control.First published on Mon 15 Mar 2021 19.

 

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