Will the cash advance limit really gain customers? The cap will obviously have massive effect on industry, but maybe not in the manner many people think.

Will the cash advance limit really gain customers? The cap will obviously have massive effect on industry, but maybe not in the manner many people think. ‘The FCA believes numerous cash advance companies will keep the marketplace … and 70,000 present borrowers could be rejected finance underneath the brand brand new guidelines.’ Photograph: Mark Richardson …