Which? response to FCA proposals to help motor finance and high cost credit customers

Gareth Shaw, Head of Money at Which?, said:

“The coronavirus outbreak has placed significant numbers of people under financial strain, so these measures are a positive step that will provide breathing space for those who need urgent help.

“It’s vital that consumers are given clear information about how they can access this support when it is introduced, and that anyone in financial hardship is aware of the options available to help them get through an incredibly challenging next few months”.