Share on:

Policy and Government

CAP’s official response to the FCA’s consultation paper on overdrafts

calendar30 August 2018

CAP has responded to the FCA’s consultation on overdrafts, as part of their wider high-cost credit review. We welcome the focus on overdrafts, as this is an area of harm for many of CAP’s clients. The draft rules propose to reduce harm through building awareness and engagement in the market. We welcomed the ideas of online eligibility tools and charges calculators, but were concerned that this would not help those digitally excluded. We also fed into how the FCA plan to tackle complex pricing structures and high fees and charges. To read more, click below. 

Read the full document here

Latest news and blogs

Roy’s story: debt help without judgement

Guest writer Roy sought help from CAP in 2018. Now debt free, he reflects on the journey.
Blog | Wednesday, 15 September 2021

Enduring hope: holding on to hope no matter what life throws at you

Hope is more than just a feeling. So how do we hold on to it in dark times?
Blog | Thursday, 02 September 2021

7 easy ways to make the summer last longer

Some family-friendly ideas to help you make the most of the coming autumn and winter months.
Blog | Tuesday, 24 August 2021