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.
Less than half of Brits know that banks penalise consumers for repaying personal loans ahead of schedule, according to new research.
Ocean Finance enters the credit card business; HSBC offers students a £3,000 interest-free overdraft; A raft of providers increase their NISA rates.
High street banks are using Wonga-style bullying letters to chase customers for payments.
The City of London Police is to consider further action against payday loan firm Wonga following its misleading legal letters scandal.
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.
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.
A lack of price competition could be adding £5 to £10 to the average cost of a payday loan, according to the industry watchdog.
The Financial Conduct Authority (FCA) has identified over a hundred advertisements for consumer credit products where key information was missing or difficult to find.
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.
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.
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