The UK consumer credit sector: Market update – April 2024

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To keep you abreast of developments in the consumer credit sector, Chris Laverty and Jarred Erceg share our latest report; including a market update and an outlook for the rest of 2024.

Our April report explains developments in BNPL and shares an in-depth analysis of what the FCA review into historical motor finance discretionary commission arrangements mean for firms. With the potential for an industry-wide consumer redress scheme, we also include practical advice for motor finance firms that may be impacted by the FCA's review and highlight what they should be considering now.

You'll also find an update on key regulatory developments for the sector in 2024.

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