What is a CFS compliant offer?
The following makes a CFS offer compliant: • The client’s expenditure falls within the trigger figures; or • If expenditure exceeds the trigger figures an explanation is provided in the notes section of the CFS summary sheet; • The CFS summary sheet is identical to the version on the MAT website (currently version 4); and • The CFS logos are used along with CFS sponsors’ logos e.g. Money Advice Trust (MAT), the British Bankers’ Association (BBA) and the Finance & Leasing Association (FLA). You can view an example of the current CFS summary sheet (please note you should not use this to negotiate with creditors as a full CFS must be completed).
