To help those struggling with their finances as a result of coronavirus, the city regulator announced a payment break for credit card and loan customers in April. They proved popular - with 961,700 payment deferrals on credit cards and 688,900 payment deferrals on personal loans made by banks. But with the three-months almost up, and coronavirus still wreaking havoc with people's finances, a new set of rules was unveiled this morning. There was also a gap in the promise that it wouldn't affect your credit rating. "As always, this won't go on your credit file - but you shouldn't take that as surety that it won't affect your future creditworthiness," Martin said.

Source: Daily Mirror June 19, 2020 11:30 UTC