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More than two million parents in debt because of pandemic school closures

More than two million parents in debt because of pandemic school closures
cambridge-news.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cambridge-news.co.uk Daily Mail and Mail on Sunday newspapers.

More than two million parents in debt because of pandemic school closures

More than two million parents in debt because of pandemic school closures
somersetlive.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from somersetlive.co.uk Daily Mail and Mail on Sunday newspapers.

IVA market is broken says the FCA: Here s why

Millions of Britons in need of debt advice due to the coronavirus pandemic could be pushed into unsuitable debt solutions by companies seeking to profit from commission, regulators have warned. Britain s individual voluntary arrangement market is broken , the Financial Conduct Authority said in a 68-page review into the state of Britain s credit and debt landscape published yesterday morning. It said commission totalling more than £1,000 handed to third-party lead generators paid to sign up vulnerable Britons and fees of up to £5,000 charged to those in debt had led to potentially harmful business models and poor practices which benefited neither consumers nor their creditors. 

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