Loan

Some MoneySavers have reported receiving car finance mis-selling compensation payments out of the blue. But these are unrelated to the latest ongoing investigation into hidden commission, which means you CAN still complain about that on top.

Iceland has begun offering interest-free loans of up to £100 to those struggling with the cost of living, with the money to be used on your Iceland shop. But - as with any borrowing for everyday living expenses - be careful as you may get stuck in a cycle of debt. 

If you've been rejected from borrowing you may be able to get a one-off interest-free loan from a credit union or alternative lender from September. A new Government-backed pilot scheme is designed to help people struggling to borrow, and will lend anything from £100 to £2,000. You can't apply directly but read on to find out how the scheme works.

Tens of thousands of borrowers with high interest loans are set to see their remaining debts cleared as doorstep lender Provident and short-term lender Satsuma officially shut shop and stop collecting payments. Borrowers can still submit claims for mis-sold loans though, but you'll need to be quick. 

Shoppers using certain buy now, pay later (BNPL) services may be due refunds after wrongly being charged late payment fees. Providers Clearpay, Openpay and Laybuy have all agreed to repay borrowers following involvement from the financial regulator.