FCA confirms biggest shake-up to the overdraft market for a generation
The Financial Conduct Authority (FCA) has confirmed it is introducing reforms to fix a dysfunctional overdraft market. These changes will make overdrafts simpler, fairer, and easier to manage and will protect the millions of consumers that use overdrafts, particularly more vulnerable consumers. The changes represent the biggest overhaul to the overdraft market for a generation. […]
Read MoreTrade body ceases involvement in bailiff complaints adjudication
From 1 June, the process for complaining about enforcement agents (bailiffs) was streamlined. The Civil Enforcement Association (CIVEA) will no longer review complaints on behalf of its members. With CIVEA no longer involved, all complaints about enforcement agents acting on behalf of local authorities will go straight to the Local Government and Social Care Ombudsman […]
Read MoreEnforcement trade body CIVEA issues bogus bailiffs warning
People are at risk from fraudsters masquerading as enforcement agents (bailiffs) and small businesses are a popular target, according to the civil enforcement industry’s trade body Civil Enforcement Association (CIVEA). The warning comes after CIVEA identified cases of fraudsters using the government’s public register of enforcement agents to demand payments for bogus government debts. The […]
Read MoreBob’s Blog: Welcome to new MALG members and details of National Members Meeting/AGM 4th July 2019
Hello to all our Members, Associates, Supporters and Friends! With yet another Bank Holiday weekend fast approaching, we wanted to update you on the latest from MALG. Welcome to new members! The power of MALG is in the diversity, size, and engagement of our membership and we are always working hard to attract new […]
Read MoreCabinet Office Fairness Group releases public statement on Government treatment of people in debt
The Cabinet Office’s ‘Fairness Group’ (made up of debt advice organisations including StepChange, Citizens Advice, Money Advice Trust, Money & Pensions Service, PayPlan and debt collection trade body the Credit Services Association) has released a public statement on government treatment of people in debt: “The government established a Fairness Group in 2016, bringing central and […]
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