FCA tells credit card firms to review their approach to persistent debt customers

Legal Beagles

News

Joined: Aug 2007

Posts: 23184
- Share
- Tweet
#1

FCA tells credit card firms to review their approach to persistent debt customers

3rd February 2020, 07:20:AM

The Financial Conduct Authority (FCA) has written to credit card firms telling them to review their approach to borrowers who are stuck in persistent debt, where they are paying more in interest, fees and charges than they are paying of their balance.

https://www.fca.org.uk/news/press-re...debt-customers

Tags: None

Previous Next

LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.

If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.

FCA tells credit card firms to review their approach to persistent debt customers

FCA tells credit card firms to review their approach to persistent debt customers

Announcement

Court Claim ?