CFA Annual Review 2013
The Consumer Finance Association’s inaugural annual report, looking back at 2013.
Credit 2.0 – A commentary on borrowing and spending in the 21st Century, was researched and written by the Consumer Finance Association. It is the first in-depth analysis of short-term loan market and the impact of new FCA regulations on borrowers.
Insight was provided by Equifax, a leading consumer and business credit intelligence agency, providing insight into the latest consumer borrowing and short-term credit market trends.
As well as a range of secondary research sources, which are all cited in the report, the CFA analysed data regarding hundreds of thousands of loan applications made o CFA members in 2015. This data is independently collected and aggregated by Shelley Stock Hutter to ensure the veracity and integrity of the data.
We have created an infographic from official data sources that puts in context the perceived issue around advertising of short-term loans.