Loans

percentages

FCA to impose price cap on payday lenders

The Financial Conduct Authority (FCA) has proposed restricting the amount borrowers using payday lenders can be charged in interest and fees, in a move which estimates suggest could cost providers £420m in revenues.

Loans | 15 Jul 2014
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Brits confused by early repayment fees

Less than half of Brits know that banks penalise consumers for repaying personal loans ahead of schedule, according to new research.

Loans | 14 Jul 2014
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Product launches of the week

Ocean Finance enters the credit card business; HSBC offers students a £3,000 interest-free overdraft; A raft of providers increase their NISA rates.

ISAs | 04 Jul 2014
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Banks send Wonga-style legal threats to customers

High street banks are using Wonga-style bullying letters to chase customers for payments.

Current Accounts | 04 Jul 2014
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Police to consider further action against Wonga

The City of London Police is to consider further action against payday loan firm Wonga following its misleading legal letters scandal.

Loans | 30 Jun 2014
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Credit cards vs personal loans: Which should you choose?

Whether you are looking for credit to make vital home improvements or pay for a holiday, you will probably have two main options: take out a personal loan or apply for a credit card.

Credit Cards & Loans | 27 Jun 2014
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BLOG: Wonga scandal - Why more regulation isn't the answer

The news of Wonga's questionable practices this week has once again shone a spotlight on the lack of responsible loan options on offer to struggling adults.

Loans | 26 Jun 2014
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Payday borrowers paying the price for lack of competition

A lack of price competition could be adding £5 to £10 to the average cost of a payday loan, according to the industry watchdog.

Credit Cards & Loans | 11 Jun 2014
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One in five consumer credit ads in breach of FCA rules

The Financial Conduct Authority (FCA) has identified over a hundred advertisements for consumer credit products where key information was missing or difficult to find.

Loans | 16 May 2014
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Student loans and grants: What are you entitled to?

Students in England and Wales are being urged to apply for their new loans now or risk being left short at the start of the next academic year.

Credit Cards & Loans | 07 May 2014
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FCA to 'take out' rogue payday loan outfits

The Financial Conduct Authority (FCA) will "take out" payday lenders who do not obey strict operating rules, it has said.

Loans | 01 Apr 2014
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Product launches of the week

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.

Credit Cards | 28 Mar 2014
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Product launches of the week

Skipton Building Society launches new ISA range; M&S expands pet insurance offering; Three announces new tariffs.

Savings | 21 Mar 2014
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Payday lenders face fresh probe over debt collection methods

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.

Loans | 12 Mar 2014
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Cost of borrowing creeps up as lenders price in 2015 rate rise

The cost of borrowing money has already started to creep up amid mounting speculation of an interest rate rise next year.

Mortgages | 05 Mar 2014

Money tips of the week

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Awards

ymawards2014

The Your Money Awards, recognising excellence in online & direct service provision.