Fair By Design responded to the Financial Conduct Authority (FCA)’s Overdrafts consultation paper and policy statement, which forms part of its High Cost Credit Review. Read our response here.
I pay more for my contents insurance because I can only afford monthly instalments rather than paying less in one lump sum.
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People are living on the edge, and the banks and government need to recognise that and shift their services accordingly.
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3 days ago
ICYMI: New @StepChange research:
1⃣11m people haven't recovered from a pandemic income shock
2⃣10m people have signs of £ difficulty
3⃣2.4m are experiencing problem debt - 80% had an income shock
4⃣1.7m have run down savings
Read about the 'Financial long Covid'⬇️ https://t.co/w0tXzKu1It
ICYMI: New @StepChange research:
1⃣11m people haven't recovered from a pandemic income shock
2⃣10m people have signs of £ difficulty
3⃣2.4m are experiencing problem debt - 80% had an income shock
4⃣1.7m have run down savings
Read about the 'Financial long Covid'⬇️ https://t.co/w0tXzKu1It
