FCA says credit card companies are not doing enough to aid those in persistent debt
Posted in Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debts, FCA, Insolvency, Recover Your Debts, Recovering Debt, Small Businesses, SMEs
The FCA has told credit card companies that they must do more to help customers who are in persistent debt. In 2018 the Financial Conduct Authority (FCA) introduced new rules aimed to help those customers who had been in persistent credit card debt for the last 36 months. Their recent research though has found that…