MSE News

Loans

Two payday lenders go into administration – what you need to know

Here's what you need to know if you were a customer with either firm

27 February 2019

Martin: Student loan statements are dangerous & misleading – so check out our redesign

MoneySavingExpert.com and the Russell Group of universities are piloting a proposed redesign of the student loan statement and are calling on parents, students, graduates, and those in the higher education sector to test it and give feedback

26 February 2019

Price cap proposed for rent-to-own firms to protect vulnerable consumers

The financial regulator has proposed a new price cap on rent-to-own firms to come into place next spring, meaning consumers can't be charged more in interest than they paid for the product

22 November 2018

New two-year degrees – will students actually save money?

The Government has set out plans for accelerated two-year degrees which it claims will save students £5,500 compared to a three-year course - but Martin Lewis has warned that many students won't pay any less under the accelerated system

19 November 2018

Charities call for action against rule-breaking bailiffs

A third of people contacted by bailiffs experience rule-breaking behaviour, including threats and forced entry, according to Citizens Advice and debt charity StepChange

13 November 2018

Settle student loans at half-price? Martin says most should say no

Some university leavers who started studying between 1990 and 1998 have received letters and texts from Erudio - the company which manages their student loans - offering them the chance to settle their loan by partially paying it off

9 November 2018

We shouldn't be called the Student Loans Company, says Student Loans Company chair

Christian Brodie, non-executive Chair of the Student Loans Company made the comment to the Education Committee this morning

30 October 2018

Scottish and have a student loan? It may now be written off sooner

The period after which Scottish student loans are wiped will be reduced from December this year

26 October 2018

Payday lenders told to offer compensation

The financial regulator has written to payday lenders today telling them they must compensate customers who were sold unaffordable loans

15 October 2018

Another set of student loans to be sold – but don't panic

The Government is announcing its intention to proceed with the second sale from the 'plan 1' English student loan book

11 October 2018

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