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UK P2P Business Lenders Exempt from APR Transparency and Pricing Rules
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UK P2P Business Lenders Exempt from APR Transparency and Pricing Rules

UK P2P Business Lenders Exempt from APR Transparency and Pricing Rules

Fintech Nexus Staff·
EuropeNews RoundupOnline Lending
·Aug. 4, 2017·1 min read

The UK Competition and Markets Authority (CMA) has released new rules for banking business lenders regarding APR transparency and pricing; the CMA has confirmed that P2P lenders will be exempt from its new banking rules; despite the exemption, it is likely that the new rules will cause more P2P lenders to provide greater APR transparency in order to maintain market competitiveness. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

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