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April 2020

MALG publishes list of creditor email addresses for money advisers during Coronavirus crisis

15 Apr 2020 | Posted In Money advice news

Following a request during the second ‘MALG Members Friday Forum‘, which was set up to help those from across the money advice and debt landscape to work together to tackle the Coronavirus crisis, we have curated a list of creditor email addresses for advisers to who are struggling to get in touch on behalf of […]

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Unprecedented demand for debt help predicted when Coronavirus crisis-relief ends

09 Apr 2020 | Posted In Money advice news

One of the UK’s free debt advice providers, PayPlan, has said it expects to see a huge surge in demand for debt advice when the current temporary relief being offered by lenders in response to the Coronavirus crisis comes to an end. The FCA called for interest and charges to be frozen on all loans […]

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Bob’s Blog: MALG Members Coronavirus ‘Friday Forum’ – follow up actions

08 Apr 2020 | Posted In Bob's Blog (MALG updates)

Our second virtual Members ‘Friday Forum’ was attended by an impressive 59 people from across the credit, debt and money advice sectors and together we made some good progress on ‘working together to improve the lives of people in debt’ during the Coronavirus crisis. Key topics discussed so far have been forbearance, GDPR and what […]

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Money Advice Trust calls for FCA to ‘close the gaps’ in its Covid-19 consumer credit measures

07 Apr 2020 | Posted In Money advice news

The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has called on the Financial Conduct Authority to “close the gaps” in its package of support for consumer credit customers affected by the Covid-19 outbreak.  The charity has welcomed the FCA’s proposals on credit cards, loans and overdrafts – but is calling […]

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FCA proposes temporary financial relief for customers impacted by coronavirus

02 Apr 2020 | Posted In Money advice news

The Financial Conduct Authority (FCA) has proposed a range of targeted temporary measures designed as a stop-gap to quickly support users of certain consumer credit products who are facing a financial impact because of the exceptional circumstances arising from coronavirus. This package is intended to complement measures already announced by the government to support mortgage […]

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