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Showing 1 to 5 of 5 search results for Wonga to make major changes to affordability criteria.

1. Wonga to make major changes to affordability criteria following discussions with the FCA

   Press Releases Published: 02/10/2014 Last modified: 02/10/2014
   Wonga has entered into an agreement, known as a voluntary requirement (VREQ), with the Financial Conduct Authority (FCA) that requires it to make significant changes to its business immediately.

2. Understanding mortgage prisoners

   Data Published: 17/01/2020 Last modified: 15/09/2022
   Following the FCA's Policy Statement on the changes to the responsible lending rules, it has published further data on the mortgage prisoner population. 

3. The Evolution of the Mortgage Market

   Speeches Published: 11/03/2015 Last modified: 11/03/2015
   Highlight the major changes as a result of the Mortgage Credit Directive – particularly in respect of Second charges and Consumer Buy to Let. ... Our affordability rules recognise that lenders can’t predict exactly what a consumer’s future pension

4. FCA outcomes and metrics

   Data Published: 02/04/2022 Last modified: 01/07/2024
   The FCA is committed to being clear about how it is accountable for its progress. On this page the FCA sets out its outcomes and the metrics it will use to measure them.

5. Fairness, flexibility and the long-term view: the FCA’s vision for the mortgage market

   Speeches Published: 06/11/2018 Last modified: 06/11/2018
   Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at the UK Finance Annual Mortgage Conference, London.