i-law

Compliance Monitor

Barclays fined £26m for its treatment of struggling consumer credit customers

Barclays has been penalised £26,056,400 for the way it handled consumer credit customers who fell into arrears between April 2014 and December 2018 – moreover, the group has paid in excess of £273 million in redress to at least 1,530,000 customer accounts.

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