CCR Magazine

You are here  :Home arrow News arrow StepChange Debt Charity response to FCA debt management review
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


StepChange Debt Charity response to FCA debt management review PDF Print E-mail
Thursday, 25 June 2015

In response to the release of the Financial Conduct Authority’s (FCA) thematic review of the debt management sector, Mike O’Connor, chief executive of StepChange Debt Charity, said:

“Today’s findings represent a wake-up call for the whole debt management sector. I welcome this report and it takes us another step closer to a debt management sector that consistently works in the best interests of people struggling with debt.
“As the FCA makes clear, debt management organisations can provide a valuable service to customers struggling with debt. But in order to ensure that financially vulnerable people get the right advice and support, firms must meet the FCA’s standards. We are committed to meeting those standards and delivering high-quality and independent debt advice.
“We welcome the FCA’s support for a review of the legal framework for debt-administration. We have long called for better protections for people affected by debt and we look forward to working with government and regulators to deliver better outcomes for those in financial difficulty”.

(Source - StepChange Debt Charity Press Release)


 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197