Funding debt advice in the UK – A proposed model

Practice area: Consumer Finance | Finance | Financial services
Client: N/A
Published: January, 2012
Keywords: modelling quantitative analysis

The Money Advice Service (MAS) commissioned London Economics to examine how the costs of debt advice work undertaken by MAS could be allocated across a spectrum of creditors, whilst also considering the allocation of the debt advice costs within the current FSA fee blocks. The study concludes that Bank of England data on lending to households is the most appropriate data to use when assessing the level of borrowing accounted for by different creditor types.