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Is the FOS being fair and reasonable in its approach to unaffordable lending complaints?

24 November 2024 / Author(s): Claire Clayton-Stead , Leontia McArdle , Megan Ineson
Issue: December 2024 / Categories: In Practice

This article explores the Financial Ombudsman Service’s (FOS) approach to limitation periods applicable to customers’ allegations of unfair relationship under s 140A of the Consumer Credit Act 1974 (CCA). Is the FOS’s approach still “fair and reasonable”?

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