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

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.

‘Rip-off’ credit and debit card charges to be banned

Wednesday, 19 July 2017 | News

Fees for paying by direct debit and credit card will be banned across the UK next year, the government has announced.

Over half of Moneywise users have never checked their credit score

Wednesday, 12 July 2017 | News

Over half (55%) of Moneywise.co.uk users have never checked their credit score, according to our recent poll.

A quarter use personal loans to fund home improvements

Monday, 12 June 2017 | News

Almost a quarter of Moneywise readers have taken out a personal loan to pay for improvements to their home.

Cashback and rewards are top attraction for credit card customers

Monday, 05 June 2017 | News

Cashback and rewards schemes are the main drivers for credit card holders, according to Moneywise research.

Struggling with unaffordable payday loans? You may be due a refund

Wednesday, 26 October 2016 | Article

Are you struggling with unaffordable payday loans? If your debts are spiralling out of control, you could be due a refund from lenders who have flouted the rules.

Tesco Bank extends 0% purchase credit card to unprecedented 28 months

Wednesday, 21 September 2016 | News

Tesco Bank has extended the offer on its 0% purchase credit card, charging no interest for an unprecedented 28 months.

CFO Lending forced to pay £34m to payday loan customers

Monday, 19 September 2016 | News

A payday lender has been forced to pay £34 million in redress to almost 100,000 customers following the exposure of shoddy lending practices.

Deal of the week: Get your credit score for free

Thursday, 15 September 2016 | News

Thanks to a new free service from Experian, everyone in the UK can now check their credit scores with the three main credit agencies without paying a penny.

£14bn damages claim filed against MasterCard by former chief ombudsman

Friday, 09 September 2016 | News

A £14 billion damages claim has been filed against MasterCard by the former chief ombudsman of the Financial Ombudsman Services.