Vulnerable borrowers could be better protected against payday loan companies, after lenders agreed to improve their codes of practice under Government pressure.
Barclaycard Freedom customers have two months to use up their points, after the credit card giant announced plans to replace its loyalty scheme with two new programmes.
Payday lender Wonga has been ordered to stop aggressive debt collection tactics or face a £50,000 fine. In some cases it has accused debt-ridden customers of being fraudsters for paying late.
The retail prices index (RPI) rate of inflation fell to 3.5% in April compared to 3.6% in March, new figures from the Office of National Statistics (ONS) reveal today.
22 May 2012
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