Credit card and overdraft payment holidays extended until October

Credit card and overdraft payment holidays extended until October

Overdraft customers are set to be able to ask for another three-month interest-free buffer of up to £500.

Outlining proposals to continue help for struggling borrowers, the Financial Conduct Authority (FCA) said that for customers yet to ask for an arranged interest-free overdraft of up to £500, the time to apply for one would be extended until 31 October.

Customers who are negatively impacted by

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