Debt

Payday loan firm QuickQuid has left consumers worried after a huge gaffe which saw it wrongly email people demanding cash, including those who aren't even customers. Our message is not to be concerned — just ignore the offending email.

Bank of Scotland has been ordered to compensate a customer for harassment after it made an astonishing 547 calls to recover a debt.

Avid payday loan campaigner and outspoken critic Stella Creasy has not been invited to attend a crunch summit about the controversial industry on Monday.

Citizens Advice warns of a possible 'bailiff boom' as soaring numbers of people struggle to cope with council tax benefit cuts.

More families are in debt to their energy supplier, with one in five UK households owing money, a study said today.

Payday lender MCO has been stripped of its credit licence after allowing over 7,000 people to become unwitting victims of fraud before chasing them for repayment.

The number of calls from people with payday loan problems to the National Debtline charity increased by 94% last year, new figures show.

Unscrupulous credit firms can now have their licences taken away immediately under new powers given to the Office of Fair Trading (OFT).

Customers who try to overpay on their credit card could find their attempt to clear more of their balance doesn't work, potentially leaving them trapped in a debt spiral.

Bailiffs will be regulated under new laws to "clean up" the industry and protect vulnerable debtors, the Government announced today.