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Why it's important to have a credit history

You’ve probably heard about credit scores, credit ratings and credit checks on the TV and online, but do you feel confident about what they are, and why they’re important?

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Warning for borrowers as average loan rates much higher than advertised 'teaser rates' could cost hundreds of pounds

Wednesday, 06 February 2019 | News

Borrowers are paying hundreds of pounds extra in loan repayments because they are not getting the advertised rate, new research reveals.

Surge in payday loans raises concerns about consumer debt

Friday, 25 January 2019 | News

There has been a sharp jump in the number of payday loans, raising concerns about rising consumer debt.

'Rent-to-own’ price cap planned - but households could still pay DOUBLE the cost of products in fees and interest

Thursday, 22 November 2018 | News

Rent-to-own retailers face a price crackdown after the financial watchdog proposed a cap on this type of high-cost lending. 

Talk Money Week: nearly half of UK adults are hiding more than £4,000 of debt from their family and friends

Monday, 12 November 2018 | News

Millions of adults in the UK could be sitting on a secret debt mountain that they are hiding from their family and friends, new research shows.

Vulnerable young people offered financial education cut their debts by 60% - while their peers see borrowing rise by 50%

Tuesday, 23 October 2018 | News

Investing in the financial education of vulnerable young people has a dramatic effect on their financial wellbeing, new research has found.

Interest-free balance transfer credit card deals plummet to record lows

Tuesday, 18 September 2018 | News

Credit card lenders are tightening their interest-free offers, potentially increasing the problems for those stuck in persistent debt.

Problem debt costing taxpayers £250 million a year

Thursday, 06 September 2018 | News

The growing level of problem debt is costing taxpayers almost a quarter of a billion pounds every year as well as having wider economic consequences, according to the National Audit Office (NAO).

New credit card comparison service will give consumers 'real APR'

Wednesday, 05 September 2018 | News

Credit check agency Experian is launching a new comparison service feature that will give consumers the real rate they are charged when applying for a credit card.

Households struggle to pay bills as demand for debt help hits five-year high

Tuesday, 04 September 2018 | News

Demand for help with debt is expected to reach a five-year high as more families struggle to pay household bills, according to National Debtline.

Exclusive: Wonga complaints rise by 3,000% in four years

Friday, 31 August 2018 | News

Exclusive figures obtained by Moneywise reveal that complaints handler Resolver saw a 3,378% increase in Wonga cases between 2014 and 2018.