Cards & loans

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.

‘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.

Credit card firms must do more for struggling customers

Monday, 03 April 2017 | News

Credit card customers who have persistent debt should be given more support by their provider, according to the financial regulator.

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.