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General debt news & policy

Here are my articles on news and policy except for high cost credit and Insolvency, which are separate as there as so many of them.

Interest only mortgages and debt advice

The Financial Conduct Authority (FCA), who regulates the mortgage lenders, issued an update in 2018 saying they are still concerned about the number of interest-only mortgages customers will not be able to repay at the end. It said: Since 2013 good progress has been made in reducing the number of people with interest-only mortgages. However, we are very concerned that a significant number of … [Read more...]

June 27, 2016 Author: Sara Williams Tagged With: General news & policy

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