Loans

MoneySavingExpert.com is asking you to email us copies of any letters you've received from fake lawyers chasing debts – whether for energy firms, banks or payday lenders – after claims it may not just have been Wonga that has used these sneaky tactics.

Thousands of Wonga customers are due compensation after the payday lender pressured 45,000 customers into repaying loans by sending letters from non-existent law firms chasing debt, and overcharged thousands more following "technical errors".

The Church of England has released a rap song featuring MoneySavingExpert.com creator Martin Lewis which warns of the dangers of taking out payday loans. It comes as a regulator criticises the industry for lacking competition.

A Private Members' Bill calling for payday loan adverts to only be broadcast after the 9pm watershed has been heard in Parliament.

A flyer that enticed families into payday loan firm Speedy Cash's shops with the promise of "free photos with Santa" has been branded "socially irresponsible" by the Advertising Standards Authority (ASA)

Payday loan brokers are posing as credit unions in an attempt to lure new customers, a real credit union is warning.

Graduates are likely to see a fall in the amount of interest they pay on their student loans from September.

Erudio Student Loans has admitted over 500 people have mistakenly had money taken from their accounts – not the 50 it formerly said. All those affected have been refunded, but if you've had money taken and haven't had it back, let us know.

58,000 former students with loans from the 1990s are getting refunds or having money wiped from their debts after a Student Loans Company (SLC) paperwork blunder.