MoneySavingExpert News

Loans

The new financial services regulator will have powers to cap the cost of payday loans, but not until 2014, the Government has confirmed.

5 December 2012

About four million people in the UK are considering taking out a payday loan as they come under pressure from Christmas costs, research suggests.

5 December 2012

Labour is claiming victory in its crusade to cap the cost of payday loans.

28 November 2012

Consumers could have better protection from rogue payday loan firms, if a revised code of practice which comes into force today actually works.

26 November 2012

Controversial payday loan firm Wonga has written to customers implying taking out one of its loans can "do wonders" for your credit rating.

22 November 2012

MPs who broke a pledge not to raise tuition fees shouldn't stand for re-election, according to a poll of parents published today.

21 November 2012

A whopping £516 million was paid out to victims of payment protection insurance (PPI) mis-selling in September, according to latest industry figures.

21 November 2012

The OFT has opened formal investigations into several payday lenders over aggressive debt collection practices.

20 November 2012

Update, 13 Nov 5pm: Derbyshire Building Society this morning matched Sainsbury's rate, and is now offering 5.4% on £7,500 to £15,000 loans paid back within five years.

9 November 2012

The bill for mis-sold payment protection insurance (PPI) at Barclays soared to £2 billion today as claims against the banking giant continue to pile up.

18 October 2012

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