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.