Loans

More than 40,000 borrowers are in line to receive thousands of pounds in compensation following a High Court ruling over the wording of documents sent out by failed lender Northern Rock.

Postgraduate students aged under 30 will for the first time be able to apply for a student loan of up to £10,000 per course from 2016-17.

A crackdown on unexpected fees charged by payday loan middlemen has been unveiled by the industry watchdog.

Of the 45,000 customers who received fake lawyer letters from payday lender Wonga, 18,000 have yet to receive compensation offers from the firm.

People taking out payday loans will never have to pay back more than double what they originally borrowed, the Financial Conduct Authority (FCA) has announced today. While MoneySavingExpert.com welcomes this move, it is disappointed that the loan cost cap isn't lower.

Tesco Bank loan and credit card customers are starting to receive details about their share of the £43 million set aside by the bank due to historic paperwork errors.

MoneySavingExpert.com is calling on graduates with an Erudio student loan to give us their feedback on the firm's new deferral forms.

Payday loan brokers, or middlemen, are taking advantage of low income earners by offering to get them the cheapest deal then taking fees of up to £700 from their bank accounts, according to NatWest.