Some 28 per cent of credit users view debt as an accepted part of their lives.
This is one of the main findings from new research by Which? and it …
Continue reading the "28% of credit users view debt as necessary part of life" »
Regulation of the consumer credit market is not providing value for money.
This is the opinion of the National Audit Office (NAO), which found that…
Continue reading the "Consumer credit market ‘needs better regulating’" »
Banks in the UK are being encouraged to charge more for their services.
Robert Hingley, director of investment for the Association of British Insur…
Continue reading the "UK banks ‘urged’ to charge more for services" »
Consumers have made clear their opposition to any plan to end free banking in the UK.
This was one of a series of widely-held views expre…
Continue reading the "Consumers call for free banking to stay" »
The government should introduce more regulation to prevent creditors who issue payday loans exploiting the financial difficulties of customers to make…
Continue reading the "Payday loans ‘need more regulation’" »
A payday lenders whose practices have consistently breached the law has had its licence revoked by the Office for Fair Trading (OFT).
MCO Capital h…
Continue reading the "Payday lender banned" »
First-time buyers applying for a mortgage may find their attempt to get on the housing ladder harmed by negatives on their credit record, a representa…
Continue reading the "Credit issues ‘can affect mortgage applications’" »
A series of banks have been downgraded by ratings agency Moody's due to their perceived high level of exposure to eurozone debt.
The agency has…
Continue reading the "New credit crunch may be on way as banks downgraded" »