Consumer credit

 

Latest Reports

  • piggy bank upside down

    Following the release of previous guidance, on 1 July 2020, the FCA confirmed the support certain users of consumer credit products will receive if they continue to experience temporary payment difficulties due to coronavirus (Covid-19) (the “Guidance”). Background The FCA has sought to assist customers using consumer credit products since ...

  • Speeding car

    The FCA has today announced further proposals in the form of draft guidance (the Proposals) building upon the temporary financial relief already offered to users of motor finance and high cost credit products who continue to experience payment difficulties as a result of coronavirus, reported earlier this year. The Proposals ...

  • Banking image

    The FCA has today announced further proposals in the form of draft guidance (the Proposals) building upon the temporary financial relief already offered to consumer credit customers impacted by coronavirus, reported earlier this year. The Proposals will be applicable to credit card, other revolving credit (such as store card and ...

  • london tube

    The Financial Conduct Authority (“FCA”) has issued its final guidance (and accompanying feedback statement) for insurance and premium finance firms on the fair treatment of customers in temporary financial difficulty as a result of coronavirus. The guidance will come into force on 18th May 2020 and will be reviewed in ...

  • car sunlight

    Further to the draft guidance published on 24th April 2020, the FCA has now issued its final guidance regarding support for customers of motor finance agreements, who are struggling financially as a result of the coronavirus pandemic. The FCA welcomed comments on the draft guidance by way of a short ...

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