Article preview: The Financial Conduct Authority has announced further support for people with debt who face financial difficulties due to the pandemic. Back in November, the FCA announced a continued package of support for mortgage and consumer credit borrowers, where they were experiencing payment difficulties due to Covid-19. The updated guidance for lenders published in November included how they should treat customers who faced repossession.
Home repossessions remain on hold, for now
This 408-word blog post looks at proposals from the Financial Conduct Authority (FCA) to update their guidance for lenders around home, goods and vehicle repossessions during the pandemic. Written on 13th January 2021.
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