Bob’s Blog: MALG Members Coronavirus ‘Friday Forum’ – follow up actions
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 […]
Read MoreMoney Advice Trust calls for FCA to ‘close the gaps’ in its Covid-19 consumer credit measures
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 […]
Read MoreFCA proposes temporary financial relief for customers impacted by coronavirus
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 […]
Read MoreBob’s Blog: MALG Members ‘Friday Forum’ – what support do you need to tackle the Coronavirus crisis?
Thank you to all 51 people who joined the first MALG Members ‘Friday Forum’ to discuss how we can work together across the credit, debt and money advice sectors to tackle the Coronavirus crisis. We have had some brilliant feedback on this ‘virtual’ meeting and are already looking forward to this week’s session on Friday 10-11am. It will […]
Read MoreCredit Services Association provides online hub for COVID-19 updates for the debt collection and debt purchase sectors
The Credit Services Association (CSA), the UK trade body for the debt collection and debt purchases sectors, has created an online hub for its members to keep abreast of the latest official relevant information relating to the Coronavirus pandemic. It includes key considerations for member firms along with regulatory updates and links to ‘virtual’ members’ […]
Read More