UK Credit Card Debt Rises to £72.9 billion

Posted on: Mon, 08/07/2019 - 09:43

By Dina Caruso - 03/07/2019 British consumers owe a total of £72.9 billion in credit card debt, recent data provided by the Bank of England shows. This debt has stemmed from relatively low-interest...

Provident Financial plans return of doorstep lending bonuses from August- memo

Posted on: Thu, 27/06/2019 - 12:38

PUBLISHED: 13:24, 26 June 2019 | UPDATED: 13:24, 26 June 2019 By Sinead Cruise LONDON, June 26 (Reuters) - Provident Financial Group is planning to revamp how it measures the performance of its...

Provident Financial Plans Return of Doorstep Lending Bonuses From August-Memo

Posted on: Thu, 27/06/2019 - 12:22

By Reuters June 26, 2019 LONDON — Provident Financial Group is planning to revamp how it measures the performance of its doorstep lending staff, with a view to resuming controversial bonus payments...

Provident Financial plans return of doorstep lending bonuses from August - memo

Posted on: Thu, 27/06/2019 - 12:05

LONDON (Reuters) – Provident Financial Group is planning to revamp how it measures the performance of its doorstep lending staff, with a view to resuming controversial bonus payments linked to loans...

Provident Financial plans return of doorstep lending bonuses from August - memo

Posted on: Thu, 27/06/2019 - 11:34

LONDON (Reuters) - Provident Financial Group is planning to revamp how it measures the performance of its doorstep lending staff, with a view to resuming controversial bonus payments linked to loans...

Don't Bank On It: U.K.'s Overdraft Charge Shake Up Is Good News For Customers, Not Banks

Posted on: Thu, 13/06/2019 - 11:21

British banks and building societies have done well from overdrafts. In 2017 alone, they made over £2.4bn from overdrafts, with around 30% of those fees coming from unarranged overdrafts. Now this...

FCA's new rules will not prevent P2P platform failures, says FairMoney's Gewolb

Posted on: Mon, 10/06/2019 - 09:29

Following the new rules confirmed by the Financial Conduct Authority (FCA), Roger Gewolb, founder of FairMoney.com, a fair loan comparison site, comments that while they go some way to protecting...

The Shitty Reality of Universal Credit as a Freelancer

Posted on: Fri, 07/06/2019 - 13:29

Universal Credit: better off in work. At least, that’s according to the Department of Work and Pensions (DWP). In reality, however, this is not the case. Some months ago I was assaulted. It triggered...

As £165m Lendy collapses, experts warn 'a dozen more peer-to-peer firms will follow'

Posted on: Mon, 03/06/2019 - 14:02

First posted - 1 June 2019 - https://www.telegraph.co.uk/investing/news/165m-lendy-collapses-experts-warn-dozen-peer-to-peer-firms-will/ Peer-to-peer investors have been left fearing for their cash...