Simply withdrawing licenses from unethical advisers is not enough. Government response has often passed its sell-by date before it's off the factory floor. How else did the OFT's High Cost Credit Review (June) miss Consumer Focus's critical information (August) that PayDay loans increased by 400% over the past four years?
There's a role for professional dialogue here too and Zero-credit welcomes the news from The Debt Resolution Forum that this year's conference is open to not-for-proft agencies, advisers and DEMSA members too. There are some 15 million consumers struggling with debts in the UK. It's high time we took the situation seriously.