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Debt advice warning: spot the red flags

Authentic statutory obligations decomposed into atomic machine-actionable conditions, actions, and verification standards.

Official Legal Text
Mediumprohibition98% AI Match
Approved

Obligation Control 1: Free debt advice is available to everyone

Free debt advice is available to everyone. However, the FCA is concerned that some consumers are being steered towards fee-paying debt solutions that may not be suitable for their needs, sometimes through high pressure sales tactics, misleading information or being advised by firms that do not have the appropriate permissions.Red flags include:Pressure tactics: Feeling hassled, or repeatedly contacted, particularly after an online enquiry or unex

Required Actions & Enforcement

Action Type:VERIFY_POLICY_ENFORCEMENT

Trigger Conditions (AST Logic)OP: AND

statutory.clause_1.verifiedEQUALStrue