FiSCA Code of Conduct in Offering Access to Credit

The "Code of Conduct in Offering Access to Credit", which applies to the making and marketing of payday advances by FiSCA members, is an example of FiSCA's commitment to ensuring that all consumers have access to the widest possible array of basic financial services.

The Code sets forth clear policies and guidelines in a number of key areas, which have been implemented for the purpose of strengthening consumer protections.

Of particular note is the requirement that members offer extended payment plans, without charging additional fees, to those individuals who may need additional time to repay their loans.