Property News · April 3, 2017

Struggling credit card holders could see fees and charges waived


FCA makes proposals for those with persistent credit card debt, where all their money goes on repaymentsMillions of people languishing under long-term credit card debt could see their charges eased or withdrawn under proposals outlined by the financial watchdog. The Financial Conduct Authority (FCA) has announced a raft of measures to help people in persistent credit card debt, including waiving or cancelling interest and charges if customers cannot afford to curb their liabilities through a repayment plan. Continue reading…

Source : theguardian.com
Read more…Struggling credit card holders could see fees and charges waived

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