The doorstep lender Provident Financial has said it could put its consumer credit division into administration unless borrowers agree to a scheme that will sharply…
View More Doorstep lender Provident Financial reveals FCA investigationTag: Banks and building societies
Contactless is making it easier to spend, but is that a good thing?
It is about to get a lot easier to spend your money. The chancellor, Rishi Sunak, announced last week that consumers will soon be able…
View More Contactless is making it easier to spend, but is that a good thing?Banks are back with handouts to lure in new customers
Banks eager for consumers’ cash are once again offering everything from “free” money to complimentary wine – but people would be wise to weigh up…
View More Banks are back with handouts to lure in new customersForce banks to let customers block gambling transactions, Monzo tells ministers
The government should force banks to let customers block all betting transactions, according to proposals led by the online lender Monzo, which wants gambling firms…
View More Force banks to let customers block gambling transactions, Monzo tells ministersUK households repaid £16bn on credit cards and loans in 2020
British households repaid the most money borrowed on credit cards and loans in 2020 since records began almost three decades ago, as consumers cut back…
View More UK households repaid £16bn on credit cards and loans in 2020Mastercard to raise fees by at least 400% for EU firms selling to UK customers
Mastercard is to increase the fees EU firms face to take payments from online shoppers from the UK by at least 400%, in a move…
View More Mastercard to raise fees by at least 400% for EU firms selling to UK customersMore than a third of UK shoppers blocked from paying with cash in Covid-19 crisis
More than a third of shoppers have been blocked from paying with cash since the start of the Covid crisis, prompting calls for urgent action…
View More More than a third of UK shoppers blocked from paying with cash in Covid-19 crisisThe best (and the worst) that could happen to your money this year
The past year was a strange one for household finances: while savings rates plummeted to new lows, and many people saw their incomes slide, those…
View More The best (and the worst) that could happen to your money this yearBrexit: how the new rules will change your visits to Europe
Before Brexit, UK citizens could travel, live, go on holiday and work anywhere in the EU without any special permits or visas. As of 1…
View More Brexit: how the new rules will change your visits to EuropeBrexit: what are consumers’ rights on holidays, banking and more?
Holidays Will my Ehic card still work? Yes and no. Under the agreement if you have a European health insurance card (Ehic), which entitles visitors…
View More Brexit: what are consumers’ rights on holidays, banking and more?