Share on:

Policy and Government

Creditworthiness consultation

calendar26 October 2017

The FCA has proposed changes to their rules and guidance on assessing creditworthiness in consumer credit and CAP has responded to their consultation. CAP agrees with the fundamental changes to the rules and guidance, which aims to reduce financial distress caused by being granted unaffordable credit. We welcomed the FCA's approach to assessing creditworthiness, but were cautious about how thorough firms will be, encouraging the FCA to review the changes in the future. To view our full response, click below.

Read the full document here

Latest news and blogs

What’s data got to do with it?

We've partnered with DataKind to be able to help even more people in the future.
Blog | Friday, 15 January 2021

Debt: 7 reasons people don’t ask for debt help

30% of our clients waited 3 years and longer before seeking help! Lets look deeper into why this might be the case.
Blog | Thursday, 14 January 2021

A reflection on the virtual church in 2020

Do online services and socially-distant gatherings equal community and fellowship? Here's my experience of church in '20
Blog | Tuesday, 15 December 2020

capuk.org uses cookies to make the site simpler.