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The private lending agencies in the UK are regulated by the Financial Conduct Authority (FCA). Every British adult is the consumer of one or more financial services; FCA protects the interests of borrowers pertaining to mortgage loans, credit card loans, personal loans, pensions, savings etc. FCA ensures that lending firms
The private lending is a key driving force to the UK’s economic growth. British people highly depend upon instant cash help requiring no documentation; the majority of intended borrowers prefer to approach FCA authorised direct lending agencies instead of tying at mainstream banks. What are the factors that strengthen the