Cards & loans

Are credit scores overrated?

Checking your credit score is increasingly popular, with some consumers paying a £15 monthly fee to do so. Is this necessary, or are there cheaper ways to keep your finances in order? We investigate.

Moneywise Best Buys

Students’ credit ratings exposed to housemates’ poor financial choices

Wednesday, 20 September 2017 | News

Students heading to university this month are being warned not to set up joint financial products with their housemates as this could negatively affect their access to credit in the future.

First Direct launches cashback offer

Wednesday, 06 September 2017 | News

First Direct has launched a new cashback deal in partnership with Visa, meaning many account holders can earn now money back as they spend with selected retailers.

John Lewis and Waitrose credit card holders hit with increased charges

Friday, 01 September 2017 | News

John Lewis and Waitrose credit card customers with the flagship Partnership Card will be hit with increased interest rates from October.

‘Irresponsible’ credit card providers warned over spiralling consumer debt

Wednesday, 30 August 2017 | News

Credit card providers are acting irresponsibly and pushing those with debts into further financial difficulty, according to Citizens Advice.

MBNA axes cashback and rewards credit cards: Where to get the best deals

Wednesday, 30 August 2017 | News

More than 75,000 MBNA credit card customers face losing their rewards points and cashback perks after the provider announced plans to close two card accounts.

Appeal bid launched to reclaim £14bn for Mastercard customers

Monday, 14 August 2017 | News

A fresh bid to claim £14bn for Mastercard customers has today been launched.

Poor credit score to “haunt students” after leaving university

Wednesday, 09 August 2017 | News

A shocking one in five graduates are at risk of credit rejection due to careless financial errors made whilst in university.

Sharp rise in personal loans ‘dangerous’ for the economy

Tuesday, 25 July 2017 | News

The Bank of England has warned that a sharp rise in personal loans could be dangerous for the economy as the nation continues to increase its debt.

£14bn class action claim against Mastercard dismissed

Monday, 24 July 2017 | News

A £14 billion damages claim filed against Mastercard has been rejected by the Competition Appeal Tribunal.

Government urged to help 1.1 million at risk borrowers

Thursday, 20 July 2017 | News

Over one million people in the UK use high-cost credit to pay for household essentials, according to research from debt charity StepChange.