February 27, 2018 BY Valentina Kirilova

New UK credit cards rules protecting high-risk customers to kick in March 1

The Financial Conduct Authority (FCA) has today published its final policy statement on new rules for the credit card market. The FCA estimates the changes will save consumers between £310 million and £1.3 billion a year in lower interest charges. The new rules come into force on 1 March 2018, but firms have until 1…

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