Share on:

Policy and Government

CAP’s official response to the FCA’s latest consultation on rent-to-own and alternatives to high-cost credit

calendar17 January 2019

CAP welcomes the FCA’s latest consultation on rent-to-own (RTO) and alternatives to high-cost credit. We were pleased to see the proposals aimed to reduce the harm in the RTO industry and agree that intervention is necessary. We welcome the proposals for a 100% price cap, as well as the requirement for benchmarking the base price, helping to reduce the cost of RTO goods and make them more affordable. We were concerned, however, that the rule regarding controlling the price of arrears may be too vague and in need of additional detail, in order to ensure that the measures designed to reduce harm are effective. Read our full response below.

Read the full document here

Latest news and blogs

Why the Government must #KeepTheLifeline

Blog | Monday, 14 September 2020

Why am I not blooming again yet?

Do you feel like you've been uprooted this year? Claire shares some reflections from her garden.
Blog | Wednesday, 09 September 2020

Join us for An evening with CAP & friends

News | Wednesday, 09 September 2020

capuk.org uses cookies to make the site simpler.