Cards & loans

Cashless payments: the pros and cons of going digital

Monday, 30 April 2018 | Article

“The writing looks to be on the wall for 1p and 2p coins,” wrote one personal finance analyst after the government published a call for evidence on the future of cash and digital payments in its Spring Statement.

A quarter of new parents get into debt

Friday, 27 April 2018 | News

Parents are racking up £2,700 in debt as they struggle to make ends meet while on maternity or paternity leave. 

Government targets loan sharks

Wednesday, 25 April 2018 | News

A crackdown on loan sharks will tackle unlawful lending and increase support for victims. 

FCA warns over rising loan scams

Tuesday, 24 April 2018 | News

Borrowers are being urged to be on alert after victims lost £3.5 million to loan scams in 2017. 

Can I switch to a new credit card if I’m living off my investments?

Friday, 20 April 2018 | Question and Answer

When you apply for a credit card, the lender won’t necessarily request verification of your income if you have a good credit record.

Loans: borrow a little extra and you could pay back less

Thursday, 19 April 2018 | News

Consumers taking out a loan could more than half the amount of interest they pay by borrowing just £100 extra, research reveals.

“Should I use my pension to clear my debt at age 60?”

Wednesday, 11 April 2018 | Article

“Should I use my pension to clear my debt at age 60?”

Student loan repayment threshold raised

Friday, 06 April 2018 | News

From today, the way you repay your student loan has changed. The salary threshold for when you start repaying your loan has been raised and, for many, the amount you’ll repay each month has fallen.

Virgin Atlantic launches new credit cards

Wednesday, 04 April 2018 | News

Credit card debt rises at fastest annual rate in 12 years

Tuesday, 27 March 2018 | News

The amount consumers owe on credit cards is growing at its fastest rate since 2006, according to new figures from UK Finance.