Muslim students in England will be able to get alternative student finance acceptable under Sharia law the Government has confirmed, although this will not be available until 2016 at the earliest.
Banks and credit card providers are reopening two and a half million old PPI complaints after unfairly rejecting or underpaying victims, the regulator revealed today.
Complaints about "payday loan middlemen" – websites that take hundreds of pounds from vulnerable people on the promise of finding cheap credit – have more than doubled in the last year, the Ombudsman says.
Graduates will pay less interest on their student loans from September, but fewer people with a pre-1998 mortgage style loan will qualify to defer theirs as the minimum earnings threshold needed to do so is falling.
Halifax, Lloyds TSB and NatWest have been exposed as being as bad as Wonga when it comes to sending customers misleading debt demands purporting to be from external solicitors or debt collection firms.
Barclays' payment protection insurance (PPI) bill has climbed to £4.85 billion, after it announced it has set aside a further £900 million to pay for its part in the mis-selling scandal.
30 July 2014
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