FCA tells lenders to keep helping those affected by Covid-19 after October

FCA tells lenders to keep helping those affected by Covid-19 after October

The FCA has issued financial firms fresh guidance on how they should support customers before they miss payments due to the pandemic. (Please click or tap the picture to find out more)

Actions they could take include suspending, reducing, waiving or cancelling further interest or charges, permitting a customer to make no or reduced payments, as well as agreeing a payment plan.
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Source: Property Wire
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