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Response to FCA consultation on proposed cap on rent-to-own stores

CAS responded to a Financial Conduct Authority (FCA) consultation to support their proposed cap on rent-to-own stores, e.g. Brighthouse.

 

This week CAS responded to a Financial Conduct Authority (FCA) consultation to support their proposed cap on rent-to-own stores, e.g. Brighthouse. This was one of the recommendations in CAS’ Home Truths report and CAS is grateful for the assistance provided by local CAB in contributing evidence for this report. The proposed cap has the potential to reduce harm caused to a vulnerable group of consumers with limited access to affordable credit.

Author
Ruth Mendel
Publication date
January 2019
Publication type
Policy
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