MoneySavingExpert News

July

Tell the regulator: Has it got payday loan cap right?

Today, the FCA is proposing a cap on payday loans to stop excessive charges being passed on to customers

15 July 2014

Payday loans cap will slash costs, regulator says

The FCA says the cost of payday loans and other high-cost short-term credit will fall 'significantly' under its plans

15 July 2014

Renters only half as likely to switch as homeowners, says Ofgem

Ofgem says there's a lack of awareness among tenants about their rights to ditch and switch energy providers

14 July 2014

Payday lender The Money Shop lent thousands too much money, watchdog rules

Over 6,000 borrowers who were lent more than they could afford are to be refunded a combined total of more than £700,000

14 July 2014

Energy firm complaints soar to record level, Ombudsman says

Complaints about energy companies have soared to their highest ever level, according to the Ombudsman Services

14 July 2014

MoneySavingExpert.com sees second, more misleading payment demand from Npower

MoneySavingExpert.com has seen another disingenuous letter sent by Npower purporting to be from an external debt firm

11 July 2014

500,000 moved from rewards credit cards to Barclaycard Freedom – but how does it compare?

Customers with a reward credit card from the likes of BHS, Orange and Thomas Cook have all been moved to Barclaycard

11 July 2014

Make car and home insurance renewals clearer, insurers say

The ABI wants new rules to help customers renewing their car and home insurance policies get a better deal

10 July 2014

We'll keep using fake debt firm to target customers, Npower says

Npower customers are targeted with fake debt collection company letters, but the firm says it won't stop using them

9 July 2014

Been a super-savvy ISA saver? Check you haven't hit savings safety limit

Check how much you have in savings if you've taken advantage of your tax-free ISA allowance every year since 1999

9 July 2014