FCA updates s86A CCA Information Sheets – effective 27 July 2018

Regulatory Updates | 15/05/18

The FCA has published, to be used effective 27 July 2018, revised Information Sheets under s86A of the Consumer Credit Act for notifying customers they are in default or arrears. The updated versions have a wider range of debt advice providers, ostensibly for better geographic coverage, but otherwise appear to be unamended. Equivalent information sheets have also been updated for: high-cost, short-term lenders; high-cost, short-term peer-to-peer lenders, and arrears information for peer-to-peer lenders.