The UK Financial Services Authority plans more virus support measures
- Will propose updates to temporary guidance on personal loans, credit cards, auto finance, high-cost short-term credit
- To propose consumer credit customers who have not yet had payment deferral under July guidance can request one
Adding that they will make a further announcement on support for mortgage borrowers later today. All of this comes in light of the UK going back into lockdown until 2 December, with fears that it could extend all the way until next year possibly.
