Note: This advice is provided by the CAP Executive about non-broadcast marketing. It generally does not represent legal services. It will not bind CAP, CAP panels that are advisory the Advertising guidelines Authority.
The level to that your ASA covers the marketing of monetary services and services and products is bound; technical components of non-broadcast marketing for many monetary advertising are at the mercy of statutory control because of the Financial Conduct Authority (FCA). But, “non-technical” components of consumer credit marcoms (for instance, offense, social obligation, superiority claims, fear and stress and competitor denigration) will probably fall inside the remit for the CAP Code.
Because short-term loans tend to be targeted at possibly consumers that are vulnerable marketers ought to be especially careful to make sure that advertising for high interest, brief terms loans is socially accountable.