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Personal loans of the week
There are many reasons to take out a personal loan. You could be looking to do up the house, get a new car or consolidate…
Car buyers overcharged by more than £1,000 for loans warns financial watchdog
The UK financial watchdog has warned that car buyers are being overcharged by more than £1,000 when they take out a loan…
Warning for borrowers as average loan rates much higher than advertised 'teaser rates' could cost hundreds of pounds
Borrowers are paying hundreds of pounds extra in loan repayments because they are not getting the advertised rate, new…
Exclusive: Wonga complaints rise by 3,000% in four years
Exclusive figures obtained by Moneywise reveal that complaints handler Resolver saw a 3,378% increase in Wonga cases…
My Community Bank Wales collapse triggers £500,000 payout
The Financial Services Compensation Scheme (FSCS) has stepped in to repay members of My Community Bank Wales after the credit…
Wonga collapses into administration
Payday lender Wonga has announced plans to file for administration.The struggling firm
Wonga stops new loans & edges towards collapse
Payday lender Wonga has announced it is no longer taking new loan applications, as speculation mounts over the company’s…
Eight in 10 drivers miss out on the best car finance deal
Less than a fifth (18%) of drivers shop around to find the best deal when purchasing their car on finance, research by AA Cars…
Graduates overpay student loans by almost £600 a year
Students are still overpaying their student loans, by £582 on average, as the government works to rectify issue.In the…
'Confusing and misleading' personal loan APRs cost consumers £204 million every year
Borrowers are being misled by teaser headline rates on personal loans, putting their financial wellbeing in jeopardy.
Complaints about consumer credit rise by 40%
Consumers continue to voice more complaints about credit products and services, with the number of complaints rising 40% year…