What do we do in the consumer finance sector?

In 2021, FLA members provided £101 billion to consumers to support purchases ranging from cars to household goods, accounting for over a third of total new consumer credit written in the UK.

Consumer credit regulation moved to the Financial Conduct Authority (FCA) in April 2014 and the FLA continues to work closely with the Government and FCA to make sure that the new system does not adversely affect the credit market, and that consumers can continue to access affordable and responsibly-provided credit.