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Payday lender Wonga has been ordered to stop aggressive debt collection tactics or face a £50,000 fine. In some cases it has accused debt-ridden customers of being fraudsters for paying late.
22 May 2012
Car supermarket Carcraft's owner has been fined for giving poor advice when selling payment protection insurance (PPI) to motorists.
3 May 2012
Payday lenders claimed today they are being unfairly tarnished by politicians who have "misunderstood" the service provided.
26 April 2012
One in four consumers doesn't know claims management companies take a huge cut of payment protection insurance (PPI) claims, new figures reveal today.
23 April 2012
Representatives from all the major financial service providers and regulators have today pledged action to help make reclaiming payment protection insurance (PPI) for free a lot easier.
23 April 2012
Graduates are likely to see a fall in the interest rate, or maximum interest, they pay on student loans from September.
17 April 2012
Hundreds of thousands of students who start university this year are likely to face interest rates of 6.6% on their loans from September, higher than many mortgage rates.
17 April 2012
Payment protection insurance (PPI) can no longer be sold at the same time you take out a mortgage, loan or credit card, under new rules that come into force on Friday.
3 April 2012
The Financial Ombudsman Service has moved to tackle the huge delays for consumers who reclaim mis-sold payment protection insurance (PPI) caused by the flood of cases it has to deal with.
26 March 2012
Debt management firms have been ordered to stop offering staff incentives to mis-sell and to stop bombarding consumers with spam calls and texts.
22 March 2012
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