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Showing 61 to 70 of 700 search results for have debt management plans.
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The Financial Conduct Authority warns clients of three debt management firms to review their debts
Anyone with a debt management or debt reduction plan with any of the three firms is still responsible for repaying their debts. ... They should be aware that if they don’t want to transfer their debt management plan to another firm, they should request -
FCA takes action against debt packager firms
5 firms have stopped providing regulated debt advice until further notice and the FCA has used formal powers to stop another firm from providing regulated advice -
Can financial distress be predicted or is that just life (events)?
As many people hold a consumer credit product but do not have debt on it, most commonly in the case of credit cards, this 17% is equivalent to 7% of everyone ... Our research finds some financial distress is unpredictable. Therefore there appears to be a -
Changes in mortgage regulation
Speech by Jonathan Davidson, Director of Supervision – Retail and Authorisations, delivered at the Council of Mortgage Lenders conference, London. This is the text of the speech as drafted, which may differ from the delivered version. -
Borrowers in financial difficulty (BiFD) project – supporting those facing payment difficulties due to coronavirus – interim findings
In March 2021, we launched the BiFD project to ensure firms continue to support borrowers in financial difficulty. As part of this work, we have been monitoring, gathering insight and acting where we have identified concerns at individual firms. -
Payday lenders failing customers in arrears, says FCA
short term credit providers collect debts and treat borrowers who experience financial difficulty. ... Firms are required to give customers “breathing space” from collections activity if they provide evidence that they are working with a debt advisor -
Early arrears management in unsecured lending: TR16/10
This report provides the findings from our thematic review into early arrears management in unsecured lending. The review looked at the way lenders treated customers in the early stages of arrears. -
CP21/30: Debt packagers: proposals for new rules
We seek views on proposed new rules to ban debt packagers from receiving referral fees from debt solution providers. -
Primary Markets enforcement outcomes
A list of recent Primary Markets enforcement outcomes. -
PS23/5: Debt Packagers: Feedback to CP23/5 and final rules
We set out our new rules banning debt packagers from receiving referral fees and summarise feedback to CP23/5 and our response.