loans

My bank won’t lend me more money because I’m too old

Tuesday, 06 November 2018 | Article

It’s a decade since reader EF’s husband died. He used to sort out all the finances, so she asked her children to help since his death.

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).

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.

My Community Bank Wales collapse triggers £500,000 payout

Friday, 31 August 2018 | News

The Financial Services Compensation Scheme (FSCS) has stepped in to repay members of My Community Bank Wales after the credit union fell into administration.

Wonga collapses into administration

Thursday, 30 August 2018 | News

Payday lender Wonga has announced plans to file for administration.

Wonga stops new loans & edges towards collapse

Thursday, 30 August 2018 | News

Payday lender Wonga has announced it is no longer taking new loan applications, as speculation mounts over the company’s future.

'Confusing and misleading' personal loan APRs cost consumers £204 million every year

Thursday, 07 June 2018 | News

Borrowers are being misled by teaser headline rates on personal loans, putting their financial wellbeing in jeopardy.

Complaints about consumer credit rise by 40%

Wednesday, 30 May 2018 | News

Consumers continue to voice more complaints about credit products and services, with the number of complaints rising 40% year-on-year according to arbitration body the Financial Ombudsman Service.

50 ways to boost your savings income: peer-to-peer lending

Tuesday, 15 May 2018 | Article

Four ways to boost your savings using peer-to-peer.