The Financial Conduct Authority (FCA) will "take out" payday lenders who do not obey strict operating rules, it has said.
Lloyds Bank launches a balance transfer card and a mortgage cashback scheme; Metro Bank announces a loan for postgraduates; two smartphone apps make it easier to invest on the go.
Skipton Building Society launches new ISA range; M&S expands pet insurance offering; Three announces new tariffs.
The Financial Conduct Authority is to carry out an in-depth review of the way payday lenders treat struggling customers when it takes over regulation of the sector on 1 April.
The cost of borrowing money has already started to creep up amid mounting speculation of an interest rate rise next year.
New rules governing how payday lenders and debt management companies treat their customers have been brought in by the Financial Conduct Authority (FCA) today.
Poor credit scores are costing British households as much as £3.5bn a year, a report has found.
Consumers are set to ditch traditional providers and lenders and flock to supermarket banks, according to a report published this week.
A quarter of UK microbusinesses have turned to payday lenders to fund their start-up, up from 16% this time last year, research has found.
British consumers collectively have nearly £139bn in unsecured debts, according to a report from MoneySuperMarket.
Nearly one in five UK adults have taken on a second job to cope with the spiralling costs of running a household, research has revealed.
The UK's peer-to-peer lending sector (P2P) increased by 121% during 2013, new data shows.
The average cost of dying - including funeral, burial or cremation and estate administration - has risen by 7.1% over the past 12 months and now stands at £7,622, a study claims.
Top tips and essential advice for people suffering from a financial festive hangover.
Tesco Bank has reduced the interest rates on loans between £7,500 and £15,000.
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