'Vicious circle' for people pushed to wrong debt help
A BBC investigation finds companies making money from entering people into the wrong debt solutions.
Source: bbc.co.uk
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UK Financial Conduct Authority: Financial Watchdog Bans Referral Fees For Debt Packagers To Help Struggling Consumers
<p><span data-contrast="none">The Financial Conduct Authority (FCA) is banning certain providers of debt advice from receiving referral fees from debt solution providers. </span><span data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p>
Source: mondovisione.com
'Manipulative' debt advice referral fees banned – FCA
The city watchdog will ban certain debt advice referral fees which saw struggling people unnecessarily pay thousands of pounds for often unsuitable options which lined the pockets of packagers.
Source: mortgagesolutions.co.uk
UK Financial Conduct Authority: Financial Watchdog Proposes To Ban Debt Packager Referral Fees To Protect Consumers
<p><span>The Financial Conduct Authority (FCA) is to push ahead with proposals to ban debt packager firms from receiving referral fees from debt solution providers, following further analysis of the market.</span></p>
Source: mondovisione.com