The FCA is seeking comment on these proposals by 10am on 10 March 2021. Looking to consumer credit, in January, the FCA updated its credit Tailored Support Guidance so that firms were able to repossess goods and vehicles from 31 January 2021. However, only as a last resort, and in accordance with all relevant government public health guidelines and regulations, including social distancing and shielding, when taking possession. Furthermore the FCA outlines that the deadline for applications for new payment deferrals under the Payment Deferral Guidance (PDG) is 31 March 2021. Only consumers still in a payment deferral (under the PDG) on 31 March will be able to extend their payment deferral beyond that date.