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EU investigates consumer credit providers
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EU investigates consumer credit providers
UK consumer credit providers are among the worst in Europe for providing customers with information they are entitled to by European Law, according to the European Commission (EC). The UK came second only to Belgium in a list of EU member states where consumer credit websites face further investigation by the EC, after it commissioned a “sweep” in September 2011 of sites offering consumer credit. The sweep flagged 70% of sites across the EU for further investigation after uncovering problems including: product advertising which did not include the required standard information, offers that omit key information needed to make a decision, and costs being presented in a misleading way....Read more here--: EU investigates consumer credit providersTags: None
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