Inflation causing the majority to budget even more carefully than in June
The majority of people living in the Netherlands are budgeting more carefully in July 2022, due to inflation, which is causing a sharp rise in prices.
Source: iamexpat.nl
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Borrowers in financial difficulty: FCA research report highlights areas of improvement for lenders | Hogan Lovells
In the context of its ongoing Borrowers in Financial Difficulty project, the FCA has published a research report that suggests there’s scope for more and better engagement by lenders...
Source: jdsupra.com
Financial watchdog urges consumers struggling with rising prices to seek help
Sheldon Mills, executive director of consumers and competition at the FCA, told the PA news agency the organisation and lenders have to be proactive.
Source: aol.co.uk
UK Financial Conduct Authority: Consumers Struggling With Rising Prices Urged To Seek Help
<p><span>The Financial Conduct Authority (FCA) and MoneyHelper are urging consumers to get help as soon as possible if they are struggling financially because of the rising cost of living. </span></p>
Source: mondovisione.com
FCA supervisory strategy for mainstream consumer credit lenders: Preparing for difficult times ahead | Hogan Lovells
The FCA has published a portfolio letter on its supervisory strategy that it has sent to Mainstream Consumer Credit Lenders (MCCLs). This follows on from its previous review of the MCCL...
Source: jdsupra.com