Archived News & Related Stories

Banks warn of bogus email thefts
People who receive emails requesting bank account information and personal details have been urged not to respond as they are likely to be from bogus companies.... >>

Credit card use `grows in popularity`
More than two thirds of British people use credit cards to pay off debts, according to new statistics.... >>

Banks set out `unfair overdraft charges` defence
Several UK banks have formally defended themselves at the High Court against accusations of applying unfair overdraft charges.... >>

Workers `spend Monday lunchtime arranging loans`
Many people looking for personal loans choose to do so on their Monday lunch break at work, new research suggests.... >>

Credit card 0 percent offers `could lead to debt`
Many consumers opting for a zero per cent credit card may need access to professional debt management advice, an industry expert has claimed.... >>

Interest rate strife for loan rangers
The last few months have been testing times for all concerned within the financial sector. The industry has lurched from crisis to turmoil and back again. However, now the dust is beginning to settle, it looks like the losers out of it all are the customers.... >>

FSA - Current money laundering regulations working
Banks and building societies, among other companies, working within the current anti-money laundering structure feel the system is working, the watchdog overseeing the scheme claims.... >>

Basic accounts `help debt management`
The introduction of more basic bank accounts into the financial markets may help consumers with their debt management, a leading financial institution has claimed.... >>

New schemes `not enough` to stop retirement debt
The introduction of new personal savings accounts in five years` time will not be enough to save many people from debt problems in their retirement, an industry expert has stated.... >>

Chip and pin `to give way to biometrics`
Chip and pin technology may soon become outdated and replaced by biometric recognition to beat credit card fraud, a leading industry body has claimed.... >>

Debt hits `77 percent of young people`
Almost four out of five young people have been in debt, new research shows.... >>

IVAs allow consumers to "write off" some of debts
An individual voluntary arrangement (IVA) allows debtors to "write off" some of what they owe as well as being able to "get their affairs in order", a financial expert has claimed.... >>

Credit availability `inevitably` led to major personal debts
Increased availability of consumer credit in recent years has inevitably led to major debt problems, an industry association has claimed.... >>

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