Loans

Administrators for payday loan providers Juo Loans and Wage Day Advance, which collapsed in February, have admitted that customers who are owed compensation will only receive a "partial payment" for their claims.

The number of redress claims made against failed payday loans firm Wonga is "more than four times" the initial estimate given by the Financial Ombudsman Service – meaning more than 40,000 people could be out of pocket.

Payday loan and other high-cost credit firms use bright buttons, simple forms and images of happy people on their websites and apps to stop would-be borrowers dropping out of the application process, new academic research reveals.

Vulnerable customers who use rent-to-own firms will not pay more in interest than the cost of the original item from April, as part of new rules announced by the financial regulator today.    

Some car finance customers are paying more than £1,000 extra in interest charges due to certain commission incentives, the Financial Conduct Authority has said. 

Government intervention may be needed to stop defunct payday lender Wonga "damaging people from beyond the grave", MP Nicky Morgan has said.

CURO Transatlantic Limited, which owned payday lenders Wage Day Advance and Juo Loans, has collapsed into administration – here's what you need to know.

MoneySavingExpert.com and the Russell Group of universities are piloting a proposed redesign of the student loan statement and are calling on parents, students, graduates and those in the higher education sector to test it and give feedback.

Some people who applied for HSBC credit cards, mortgages or loans on Wednesday 23 January were wrongly rejected due to problems with credit checks – if you made an application, here's what you need to know.

The financial regulator has proposed a new price cap on rent-to-own firms to come into place next spring, meaning consumers can't be charged more in interest than they paid for the product.