Debt

Call for tougher restrictions on payday lenders

While new rules for payday lenders came into effect on 1 July 1, a...

Downward trend in voids

The average void period experienced by landlords has continued to fall, a survey by...

CMCs face large fines for bad service

Claims management companies (CMCs) responsible for providing bad service and bombarding people with nuisance...

Growing confidence in own financial situations

A new survey from Ocean Finance has highlighted that most people believe in their...

Citizens Advice: fake legal letters “callous intimidation”

Citizens Advice has said the sending of fake legal letters chasing payday loan debts...

Wonga to pay millions in compensation

Wonga is to pay compensation of over £2.6m to around 45,000 customers for unfair...

Major decline in debt being written off by banks

The amount of personal debt banks and building societies wrote off reached an all-time...

Equifax involved in Money Advice Service campaign

Online credit information provider Equifax has outlined its partnership with the Money Advice Service...

Acquisition of distressed assets gaining in popularity

A number of properties and loans coming on the market through insolvent zombie property...

Teens put faith in banks despite parents’ mistrust

Almost half of teenagers trust banks more than their own parents for financial advice,...

Under a third plan debt consolidation

29% of people with multiple unsecured debts, such as credit cards, overdrafts and loans,...

Scots admit to concealing borrowing

One in 10 adults in Scotland admit they have debts or owe money that...

TCG unveils new rehabilitation report suite

The Charlbury Group has launched a new series of reports within its arrears management...

FCA warns Debt Help & Advice customers

The Financial Conduct Authority (FCA) has warned people who have a debt management plan...

Latest POLL

COMMENT

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information website Moneyfacts publishes a regular update on mortgage product numbers,...

Why it matters that bridging hit more than £10bn last year

We see many numbers bandied around in the financial industry, which can sometimes have a numbing effect. So why should we all, especially brokers, care...

Top five reasons why renters should consider short-term protection insurance

In an unpredictable world, financial security can often feel like a luxury, especially for renters who may already juggle living expenses, rent payments, and...

Credit search vs credit scoring

The terms credit score and credit check are often used interchangeably by consumers, many of whom assume they mean the same thing. Yet understanding...

It’s not just about work/life balance

Firstly, it was good to get feedback on last month’s blog on technology from several people, and to see a spin-off follow-up blog from...

Latest news

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...