The FCA data comprise loan-level records for applications to U.K. payday loan providers

The FCA data comprise loan-level records for applications to U.K. payday loan providers

Data from payday loan providers

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 had been collected for eleven big lenders whom together constitute about 90% of this market by loan amount.