Loans

Student loans administrator Erudio is to write again to thousands of graduates to confirm new deferment deadlines, after a second admin blunder in a month caused widespread confusion over when deferment application forms need to be submitted.

Students and graduates can expect to pay more interest on their student loans from September compared with the previous year, as inflation increases.

Millions of private tenants can boost their credit rating by opting in to a new scheme that records if you pay rent on time and sends the results to credit reference agency giant Experian.

Embattled student loans administrator Erudio has failed to provide deferment application forms to thousands of graduates on time, which may leave them wrongly having to make repayments from next month if not resolved.

The Money Advice Service – the official organisation created to offer consumers free advice on their finances – is to be replaced by a new "slimmed down" body under plans set out in the 2016 Budget.

I'm writing this because I was shocked... at you, yes you, most of you should hang your heads. In our Jan poll, only 28% had checked their credit file in the last year, and 53% hadn't in 10yrs. This is potentially damaging to your finances - just one error in those files could kibosh them.

MoneySavingExpert founder Martin Lewis and the StepChange Debt Charity have called on the Government to fix the rules for people struggling with temporary debt. The move comes as new figures show one in five people making unsecured debt repayments have been left unable to afford food.

The cost of taking out a standard loan for between £7,500 and £15,000 dropped to the cheapest ever today, after Marks & Spencer slashed its loan rate to 3.3% rep APR.

Millions of graduates will soon have to repay much more of their loans than they were initially told after the Government secretly backtracked on a promise – a move MoneySavingExpert.com founder Martin Lewis has branded "a disgrace".