The deadline to register with your local council is October 10th and electoral registers are referred to by credit agencies when determining whether to grant someone a loan and at what rate. “Some organisations will refuse to give you credit…

According to consumer finance website uSwitch.com, 11 per cent of account holders pay a total of £530 million in fees, but a quarter of holders ignore the perks they are paying for. More worrying still, the website claims that banks…

Due to increases in balance transfer fees, the cost of switching to an introductory offer of no interest means that “the vast majority of nought per cent balance transfer deals will become largely worthless,” a spokesman from the firm said.…

In addition, Liverpool Victoria claims that workers are contributing an annual total of £33 billion in unpaid care and assistance, highlighting the need for both parents and children to start planning for the debt burden of retirement. “The costs of…

The Department of Work and Pensions minister said that there were arguments for further funding of credit unions, which can help people get out of the “nightmare spiral” of debt. “£100 million should reduce the nightmare spiral of debt that…

As it launches its own insurance policy for loan repayments, the Post Office criticised many PPI providers for failing to inform customers that they can shop around for better deals. Welcoming the announcement, Pula Houghton, spokesman for Which?, said in…

Moneyfacts, Defaqto and moneysupermarket research has found that consumers do not always get the best deal available on PPI and are “being ripped off”. Simon Burgess, managing director of British Insurance Limited, commented on the findings, which have been tabulated:…

According to the report from MoneyExpert, itself a financial comparison website, consumers could be damaging their credit rating by applying for loans they will not be approved for. “Currently they [financial comparison websites] are overly focused on price which means…