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Credit rating companies must raise marketing requirements, says FCA

Credit rating companies must raise marketing requirements, says FCA

Credit organizations should do more to make sure their advertisements and promotions usually do not mislead customers that are potential. The findings come as Financial Conduct Authority (FCA) data reveal this 1 in five advertisements from credit organizations, for services and products including payday advances, fell in short supply of the FCA’s promotion that is financial – although many organizations had been fast in order to make changes when the shortcomings were revealed.