Complaints to financial firms rose by 59% in the first half of this year, driven by a spike in the number of payment protection insurance (PPI) complaints , new data from the Financial Services Authority (FSA) reveals today.
A payday loan provider has been banned from selling loans and smacked with a massive fine for allowing fraudsters to borrow cash in 7,000 people's names and then demanding the money back from victims.
The nation's dire economic plight doesn't mean you can't get on top of your finances. One MoneySaver today tells the story of how he got rid of £35,000 of debt in less than four years , giving hope to others they too can tackle debt head on.
Rents are up for the third month in a row as mortgage lenders tighten their borrowing criteria and people struggle to get on the property ladder, a study says.
The City regulator has admitted mistakes over payment protection insurance (PPI) mis-selling by failing to spot just how profitable the product was for banks.
Competition to attract mortgage customers has stepped up, as HSBC today launches a five-year fixed-rate deal with a record low rate amid a time of rising rates and economic uncertainty.
13 July 2012
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