FCA proposes help for motor finance and high cost credit customers

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FCA proposes help for motor finance and high cost credit customers

17th April 2020, 06:31:AM

The FCA*has today announced another proposed package of measures to directly support consumers facing payment difficulties due to coronavirus (Covid-19). The range of targeted temporary measures cover motor finance and high cost credit agreements, which include: high-cost short-term credit (including payday loans), buy-now pay-later (BNPL), rent-to-own (RTO) and pawnbroking.

https://www.fca.org.uk/news/press-re...rs-coronavirus

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FCA proposes help for motor finance and high cost credit customers

FCA proposes help for motor finance and high cost credit customers

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