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FCA to extend to extend credit card, loan and overdraft COVID relief

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Above and beyond

FCA to extend to extend credit card, loan and overdraft COVID relief

The Financial Conduct Authority (FCA) is pushing to extend credit card, loan and overdraft relief for banking customers hit by the coronavirus pandemic for another 3 months. It would mean customers could apply for special COVID-19 relief up until 31 October. The FCA put these measures in place in April to help support customers through the COVID-19 crisis.

The FCA is now seeking input from banks and lenders on its proposals for an extension. Rules will be finalised by this Monday 22 June.

 

 

5 REPLIES 5
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Top sharer

Re: FCA to extend to extend credit card, loan and overdraft COVID relief

Hi @25H  !

 

Thanks for the update.

 

Regards, Chris

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Little helper

Re: FCA to extend to extend credit card, loan and overdraft COVID relief

Hi, I've applied for an extension to the 3 month loan repayment holiday. Can you please advise of the process? I have not received an automated reply like I did for my initial payment holiday.
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Above and beyond

Re: FCA to extend to extend credit card, loan and overdraft COVID relief

Hi @xMAZx 

I'm sorry to hear that you didn't get an automaic reply to your extention.
I will certainly help you to get it resolved. 

Please send Tesco Bank a 'Private Message' for someone to check this out for y7ou and provide you with an appropriate response.

Click on this link  @Tesco-Bank and it will take you to a page, 'About Tesco Bank'.

In the top right of the page click on 'Send a Message'.

A new page will open up, 'Create New Message'.

Complete it and send your message securely.

Please include your full name, date of birth and postcode.
Hope this helps!!
Warm wishes, @25H 
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Top sharer

Re: FCA to extend to extend credit card, loan and overdraft COVID relief

Hi @xMAZx 

Tesco Bank Loan Support for repayment holiday extension, please call 0345 051 0769

Alternatively you may send a private message, for an appropriate response.

Please Click on this link  @Tesco-Bank and it will take you to a page, 'About Tesco Bank'.

In the top right of the page click on 'Send a Message'.

A new page will open up, 'Create New Message'.

Complete it and send your message securely.

Please include your full name, date of birth and postcode.

Kind Regards, @CSKBrambles 

 

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Your Community Expert

Re: FCA to extend to extend credit card, loan and overdraft COVID relief

Hi @xMAZx, sorry to hear about that! Can you please send over a private message to Tesco-Bank? I'll then be able to take a closer look.