Fears are growing that consumers who paid the now-suspended Cartel Client Review a fee to 'write-off' their debt won't get their money back. Yet there may be hope for those who paid on plastic.
MoneySavingExpert.com has forwarded scores of complaints about 'debt write-off' firm Cartel Client Review to the industry regulator, the Ministry of Justice (MoJ).
Banks and lenders say they will continue to missell debt insurance, as it was revealed consumers could be due over £4 billion in compensation over the next five years.
UK loans have hit their highest rates for nine years, yet with differences in tiers so wide, oddly, it may be cheaper to borrow more money than you need, so check.
Complaints about financial firms to the independent Ombudsman Service were up by 18% during the second half of last year, after many banks and other providers wrongly rejected consumer gripes.
25 February 2010
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