OFT updates debt collection guidance

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http://www.oft.gov.uk/about-the-oft/legal-powers/legal/cca/debt-collection#named1

The OFT updated its debt collection guidance in October 2011, and a revised version was published in November 2012 setting out the OFT's revised position on the misuse of continuous payment authority (CPA).

The CPA section is at paragraph 3.9(m) of the guidance. We have also published a summary of responses to the supplementary consultation on CPA (December 2011).

• Download Debt collection guidance (pdf 697kb) (November 2012)
• Download Summary of responses to supplementary consultation on CPA (pdf 283kb) (November 2012)
• Press release, OFT warns payday lenders, 20 November 2012

A summary of responses to the original consultation on updating the debt collection guidance can be found here.

• Download Summary of responses to debt collection guidance consultation (pdf 986kb) (October 2012)

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Updated section is posted here: https://forums.moneysavingexpert.com/discussion/comment/57381057#Comment_57381057