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...

Payday loans complaints soar to 40,000

Posted on: Wed, 15/05/2019 - 14:12

Complaints regarding payday loans rocketed last year by 130 per cent to 40,000, new official figures have revealed. New data from the Financial Ombudsman showed that most of the complaints for 2018...

Roger Gewolb speaks to Eamonn Holmes on TalkRadio to discuss Brexit's impact on our personal finances

Posted on: Wed, 08/05/2019 - 10:56

Find Dr Roger Gewolb talking to Eamonn Holmes on TalkRadio here: https://soundcloud.com/roger-gewolb/dr-roger-gewolb-on-talkradio-show

Dr. Roger Gewolb comments on the NSF and Provident Financial Merger in the Evening Standard

Posted on: Tue, 23/04/2019 - 09:55

Dr. Roger Gewolb appeared in the Evening Standard discussing the Non-Standard Finance and Provident Financial Merger. See the full article here:

More than 10 million Brits are in their worst financial position ever

Posted on: Wed, 03/04/2019 - 18:47

A survey from FairMoney found that about 22 million (43%) Brits don’t understand how Brexit will affect their household bills, despite almost the same amount of people (42%) saying they would care a...

The "bleak" reality: Brexit crippling the North West with 21% of people in "worst financial position of their lives"

Posted on: Wed, 03/04/2019 - 18:46

“The Brexit limbo is negatively affecting Brits and their financial situation," said Dr Roger Gewolb, Executive Chairman of FairMoney. "Many of us just need some degree of certainty so we can...