Credit rating — high-cost credit that is short-term information

Credit rating — high-cost credit that is short-term information

This page highlights new findings in regards to the high-cost credit that is short-termHCSTC) market, drawing on both the latest regulatory return information and our Financial Lives Survey 2017.

This is basically the very first time we have actually published regulatory information in the HCSTC market built-up from returns submitted by credit companies towards the FCA. We make use of this information to monitor the HCSTC market and notify our guidance of businesses as well as other functions that are regulatory.

Key findings

Present HCSTC market and styles

  • • over 5.4 million loans had been manufactured in the to 30 June 2018 year
  • • lending volumes have actually increased since 2016,