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FCA issues guidelines for interest-only customers

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FCA issues guidelines for interest-only customers

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The FCA has today published their guidelines regarding how lenders deal fairly with their interest-only mortgage customers, many of whom are at risk of not being able to repay their loan at the end of the term.

The guidance sets out the FCA’s expectations of firms to treat their customers fairly whilst minimising the risk to lenders.

Click here to see the full guidance notes from the FCA.

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