The future of affordability

The FCA has concluded that the current process of assessing a persons creditworthiness is putting people at risk. With forthcoming changes to the FCA handbook providing guidance on how businesses should assess and be able to evidence creditworthiness and affordability, there is sure to be changes to the way things are currently done.

With over 100 years combined experience in the credit and collections industries our experts have called out their four predictions for the forthcoming changes, what it will mean for businesses and different potential solutions to overcoming those challenges.

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