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MoneySavingExpert News

August 2016

If you need to slash existing debt costs, borrow for something new (don't mention Xmas yet) or make a quick buck, there's a host of new scorching deals that make credit cards a hot option. Used well, they're a great tool. Used badly, you'll get burnt - so never borrow unnecessarily. Our pick of the bunch is below, but first...
24 August 2016
The falling value of people's earnings since 2007 has left 3.2 million households in "problem debt," spending at least a quarter of their earnings on repayments, while 1.6m of these in the most "extreme" type of debt are losing at least 40% to repayments, a report published today has warned.
23 August 2016
A major flaw in the way some gas meters are read is an industry-wide problem that may have affected as many as 11,000 energy customers, with many having been overcharged and owed a refund by suppliers, it was revealed today.
23 August 2016
Millions of EE mobile customers are facing a steep hike next month in the cost of calls and messages made outside their pay monthly allowance.
23 August 2016
If you've a prepaid travel card with My Travel Cash you've until 4 October to withdraw or spend your money, after the firm announced it's scrapping the cards.
22 August 2016
Telecoms giant BT wrongly charged customers with a limited broadband package for exceeding their usage cap in June, MoneySavingExpert.com has learned – and the firm is now writing to those affected to tell them they will be refunded.
19 August 2016
5.2 million Virgin Media home phone, broadband and TV customers will see prices rise by an average of 5.1% from November. But you'll be able to leave your contract penalty-free, or if you want to stay, you may be able to beat the hike by haggling.
18 August 2016
Millions of students and g raduates will be charged more interest on their student loans from September, because the inflation measure these rates are linked to has increased sharply.
18 August 2016
An ad for a Walkers crisps competition which offered 20,000 holidays has been banned after more than 100 complaints to the Advertising Standards Authority (ASA) that the trips were virtually impossible to win.
17 August 2016
Self-assessment tax-return filers could face a 'penalty points' system if they miss deadlines while tardy tax-bill payers face fines of up to triple the current maximum, under Government proposals unveiled this week.
17 August 2016

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