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Evening Standard
Evening Standard
Vicky Shaw

People seeking debt help urged to watch out for these ‘red flags’

Free and independent organisations can help people with debts (Dominic Lipinski/PA) - (PA Archive)

People seeking help with debts are being urged to watch out for “red flags” that could potentially make their issues worse.

The Financial Conduct Authority (FCA) said it is concerned that some people are being steered towards fee-paying debt solutions that may not be suitable for their needs, sometimes through high pressure sales tactics, misleading information or being advised by firms who do not have the appropriate permissions.

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