The days of shoddy payday loan practices could be numbered after the Financial Conduct Authority (FCA) today announced plans to crackdown on the industry.
Borrowers using peer-to-peer sites are edging closer to a better protected lending and borrowing environment, following new plans outlined by the Financial Conduct Authority (FCA) today.
At the start of the new academic year I am calling for the Government to urgently review student maintenance loans and grants to ensure they cover the true cost of living.
"Serious problems" with the way some firms handle complaints about mis-sold payment protection insurance have been uncovered by the Financial Conduct Authority.
If you had a personal loan with Barclays you could be in line for a share of a £100 million payout after the bank admitted making mistakes with its paperwork.
More than one in three of the payday lenders ordered by the Office of Fair Trading (OFT) to prove their practices are up to scratch have decided to quit the industry.
The Archbishop of Canterbury has told Wonga the Church of England wants to "compete" it out of existence as part of plans to expand credit unions as an alternative to payday lenders.
The Government insists only creditworthy borrowers will be able to buy homes with its Help to Buy scheme, as it revealed more details about its housing stimulus programme.
Payday loan firm QuickQuid has admitted it got hold of non-customer details from third parties, following last week's huge blunder when it emailed many consumers with incorrect demands for cash.
19 July 2013
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