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In the Press

Treasury proposes new debt recovery letter rules to support people in problem debt

The letters borrowers receive from their lenders when they are seriously behind on repayments will be easier to understand and less intimidating as a result of new rules proposed by the Treasury...

07th October

News

FCA confirms support for consumer credit and overdraft customers

The Financial Conduct Authority (FCA) has confirmed measures to ensure that firms provide tailored support for users of certain consumer credit and overdraft products who continue to face payment...

05th October

In the press

The First FinSmart Solution Goes Live

Since the Principa and Welcom partnership was launched in South Africa we have had a credit issuer go-live.

29th September

News

Christopher Woolard to chair review of unsecured credit market regulation

The Financial Conduct Authority (FCA) has announced that Chris Woolard will chair a review of the future regulation of the unsecured credit market, reporting to the FCA Board.

18th September

News

FCA proposes the next stage of support for consumer credit and overdraft customers

The Financial Conduct Authority (FCA) has announced proposals to ensure that firms provide tailored support for users of consumer credit and overdraft products who continue to face payment...

16th September

In the press

Availability of secured credit expected to decrease as demand for loans rises

Latest figures in The Bank of England Credit Conditions Survey’ have found that demand for lending suffered a fall during the three months to the end of May.

28th July

In the press