FIN.

Updated Consumer Credit information sheets published by the FCA

On 18 October 2016, the FCA announced that it had updated a number of consumer credit information sheets that lenders must use when they are notifying customers of being arrears or default:

  • Arrears
  • Default
  • High cost short term loans
  • High cost short term loans peer-to-peer lenders
  • Arrears peer-to-peer lenders

These information sheets must be used from 18 January 2017.  The current versions must be used until that date.

Contact FIN.

Emma Radmore