Car finance firms urged to halt repossessions during Covid-19 crisis

Payday loans
Booking.com

FCA to bring in measures to help customers over vehicle payments and payday loans

  • Coronavirus – latest updates
  • See all our coronavirus coverage

The financial regulator has said car finance companies must offer a three-month payment freeze and should not repossess vehicles if customers are facing financial difficulties because of the coronavirus.

The Financial Conduct Authority also said payday loan firms must give customers a one-month interest payment holiday, as part of emergency measures to help households hit by the coronavirus outbreak.

Continue reading…

—————
TRANSCOM ISPFree Sigma HSE Email
Level 6 Domain Names are FREE – Register Now.

Related Posts

Boost Inflight Internet- Business Hosting- Secure Email Account- Dropcatch Domain Names- Antisnoop Email- Free Secure Email- Cheap VOIP Calls- Free Hosting and Email- Aero Connectivity- Premium Domains for Sale- Transcom Telecom- Satphone Airtime- Mobile Plans- Free Domain Names- Organic Products- Double Check- Aviation News