UK markets watchdog warns high cost credit firms to curb risky lending
Posted on: Wed, 06/03/2019 - 18:11
Britain's financial watchdog has warned providers of high cost credit to curtail risky lending and better protect consumers or face regulatory action. Lawmakers have been piling pressure on the...
UK markets watchdog warns high cost credit firms to curb risky lending
Posted on: Wed, 06/03/2019 - 17:32
The Financial Conduct Authority (FCA) has written a ‘Dear CEO’ letter to providers of products including guarantor loans, doorstep lending and “rent-to-own” credit, warning firms it would be stepping...
Should I buy a new ’19 plate car now or should I wait to get a better deal?
Posted on: Fri, 01/03/2019 - 17:33
Thousands of Brits are expected to buy a new car in the coming weeks following the release of new '19 number plates and experts have urged buyers to get in quick in order to get the best deal. If you...
Energy price hikes add to worries about the rising cost of living
Posted on: Sat, 23/02/2019 - 17:43
Though inflation has come down considerably in the past year, from 2.7 per cent in February 2018 to 1.8% January 2018, with much of the decrease down to a reduction in the cost of gas and electricity...
A fifth of Brits in the worst financial shape ever
Posted on: Thu, 14/02/2019 - 17:40
A new survey shows that many Britons are poorly prepared for any worsening of the UK economy with around a fifth saying they’re in the worst financial position they’ve ever been. The research from...
Households fret about their futures
Posted on: Fri, 08/02/2019 - 17:36
86% of those with mental health issues state that the main cause of this is their financial situation 5 million British consumers have taken out a loan to cover home repairs and improvements in the...
Will you still be paying off winter debts in the summer? You're not alone as survey highlights severity of the festive financial hangover
Posted on: Tue, 05/02/2019 - 17:35
According to Fair Money, 28 per cent are likely to have less than £20 available each month in the first half of 2019 after bills and everyday living are subtracted from their wages, while 16 per cent...
Householders are still finding it hard to save
Posted on: Tue, 22/01/2019 - 17:34
Many householders are struggling to save — with more than one in four failing to stash any cash in the past 12 months. The latest Lloyds Bank quarterly savings review shows that many Brits are still...
Over a third of UK citizens think that their personal finances will worsen post-Brexit
Posted on: Fri, 18/01/2019 - 17:30
Over a third of Britons expect that their personal finances will worsen after Brexit. An increase in prices of food and energy bills combined with the fall of the pound are among some of the top...
Money Matters - Is Fairness The New USP For Fintech Entrepreneurs?
Posted on: Sat, 22/12/2018 - 17:27
Vulnerable Consumers It is often the most vulnerable consumers who end up getting the worst deals. The Britain’s Financial Conduct Authority tabled proposals aimed at preventing banks from imposing...
