FCA’s consumer credit proposals welcome – but credit rating protections needed beyond October

Industry News | 16/09/20

Money Advice Trust responds to FCA’s proposed guidance for consumer credit firms for supporting customers beyond 31st October. The Money Advice Trust, the charity that runs National Debtline has welcomed the FCA’s proposed further guidance on consumer credit and overdraft customers impacted by Covid-19, but called for continued credit rating protections for people experiencing temporary financial difficulty beyond October.

Source: Money Advice Trust