Interest will be added,so you may need to pay higher future minimum repayments, depending on the amount you owe. Get help: If you have unmanageable debts then you can get free, independent help from one of the debt charities. Insurance: Not a legal requirement and you may think you don’t need it while in lockdown. (Image: AFP via Getty Images)WorkFurloughed: You don’t need to do anything. - The Financial Conduct Authority has told financial firms anyone using emergency measures due to Covid-19 must not have their credit rating affected.
Source: Daily Mirror May 01, 2020 20:21 UTC