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Introduction

In this section you'll find the latest news on credit cards and loans.

Jan 14, 2022

How to get round Amazon’s Visa ban

The online giant will stop accepting payments made with UK-issued Visa credit cards from W...

Jan 06, 2022

Provident sets deadline for mis-selling claims

Borrowers with Provident, Satsuma, Glo and Greenwood can claim for mis-selling up until 28...

Jan 06, 2022

Calls for stronger BNPL safeguards as borrowers fail to understand risks

Which? is calling for more protection for borrowers who use buy now pay later (BNPL) payme...

Jan 05, 2022

Long balance transfer credit card deals return

Credit card users can pay zero interest on their debt for the longest time period since th...

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Dec 23, 2021

Christmas comes early for Provident borrowers with debts written off

Both Provident and Satsuma will close on 31 December 2021 – and will stop collecting loa...

Dec 21, 2021

Households set to borrow £1.3bn on BNPL this Christmas

Nearly three in 10 (28%) households in the UK expect to use buy now pay later (BNPL) schem...

Dec 20, 2021

Barclays and Amazon team up to launch BNPL service

Amazon and Barclays will offer a buy now pay later (BNPL) payment option called Instalment...

Dec 17, 2021

Warning that face-to-face debt support could be cut

A mental health charity has warned that it will be more difficult to get in-person debt ad...

Dec 16, 2021

Crackdown on dodgy company directors

The Insolvency Service is clamping down on rogue directors who dissolve their companies to...

Dec 16, 2021

Amigo proposes two options for borrowers mis-sold loans

Amigo has proposed two new alternative redress schemes, with both options seeing affected ...

Dec 15, 2021

‘Alarming rise’ in use of buy now pay later schemes

The number of people using buy now pay later (BNPL) schemes has jumped from 49% in 2020 to...

Dec 15, 2021

Small business owners losing sleep over Covid impact

Eight in 10 (79%) small business owners are regularly losing sleep due to worries about th...

Dec 13, 2021

Why now is the time to move your credit card debt

The balance transfer credit card market is flourishing with the average number of interest...

Dec 09, 2021

One in four who celebrate Christmas will struggle to afford it

This Christmas will be a time of financial distress for many households, with more people ...

Dec 08, 2021

Dodgy debt advice ads banned by advertising watchdog

Seven issues were investigated, and six upheld, by the Advertising Standards Authority (AS...

Dec 07, 2021

BNPL lender predicts the end of the credit card

Buy now pay later (BNPL) lender Butter has launched a payment card it says is ‘the first...

Dec 03, 2021

Government paid £4.9bn to fraudulent bounce back loan claimants

An estimated 11% of bounce back loans worth £4.9bn was paid to people fraudulently applyi...

Nov 26, 2021

Debt levels rising in run up to Christmas

Credit Kudos found that young people, freelancers, temporary workers and those employed in...

Nov 24, 2021

Buy now pay later borrowing at all-time high

More than a quarter (28%) of adults made at least one buy now pay later (BNPL) repayment i...

Nov 23, 2021

Are you relying on BNPL to fund Christmas?

Almost one in 10 (9%) people in the UK are planning on using buy now pay later (BNPL) sche...

12 3

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