With household financial stress levels rising as a result of the economic impact of COVID-19, it would be a fair bet that debt management companies like FSA Group would be doing good business. But thats not the case.
FSA released its 2019/20 financial report on Friday, disclosing a significant reduction in the number of consumers seeking the companys services.
FSA offers a range of services to assist clients wishing to enter into a payment arrangement with their creditors, including informal arrangements, debt agreements, personal insolvency agreements and bankruptcy.
During the year to June, the number of clients seeking informal arrangement and debt agreements fell 5 per cent and the number seeking personal insolvency agreements and b…
Read the full article at: https://www.bankingday.com/azora-fsa-ees-debtful-future
