Information from payday loan providers. Credit history information

Information from payday loan providers. Credit history information

The FCA data comprise loan-level records for applications to U.K. payday loan providers, including first-time and perform applications

The data includes records of successful loan applications and loan performance (including information on default and late payments) for thirty-seven lenders operating in the payday loan market, who together constitute 99% of the total market by loan volume. Within these loan providers, extra information ended up being collected for eleven big loan providers whom together constitute roughly 90% regarding the market by loan amount. Information includes details of unsuccessful applications while the credit rating value assigned every single application. Read More