article_snippet: The FCA said The FCA uncovered 'misleading and occasionally threatening correspondence from lenders', despite an attempt to clamp down on such behaviour.
article_snippet: Last April, The FCA was put in charge of regulating the payday industry in an attempt to tackle the number of people spiralling into unmanageable debt through these high-interest short-term loans.
article_snippet: But The FCA's own report found evidence that high-risk applicants were still being accepted for loans, even where lenders had 'grounds to suspect that customers were at risk of, or already in, financial difficulties'.
article_snippet: high-risk applicants were still being accepted for loans, even where lenders had 'grounds to suspect that customers were at risk of, or already in, financial difficulties' said shambolic record-keeping meant calls and emails from customers admitting high-risk applicants were still being accepted for loans, even where lenders had 'grounds to suspect that customers were at risk of, or already in, financial difficulties' were in difficulty and could not pay often 'fell through gaps' in the system.
article_snippet: Vulnerable: the FCA's own report found evidence that high-risk applicants were still being accepted for loans . '
article_snippet: Important progress has been made since tougher FCA rules came in but many people are still falling foul of irresponsible lending. '
highlights_snippet: Last year, FCA was tasked with regulating high-interest short-term loans .
  
highlights_snippet: FCA own report has found high-risk applicants still being accepted for loans .