MoneySavingExpert News

Loans

Millions could be due £750 payout as landmark legal claim filed against Experian - what you need to know

A landmark legal claim launched against credit reference agency Experian could see 49.8 million adults in England and Wales in line for compensation worth £750 each if successful - although there are no guarantees. Here's what you need to know

1 March 2021

Ratesetter to close all investor accounts and move borrowers’ loans to Metro Bank

All 45,000 existing investor accounts will be closed on 2 April. Here's what the change means for investors and borrowers alike.

3 February 2021

Student tuition fees in England set to be frozen for another year

Student tuition fees in England are set to be frozen for another year under new plans put forward by the Government today

21 January 2021

Martin Lewis' 'how to slash all debt costs' January masterclass

Can't afford to clear your debt? You can't afford not to try to move it to 0%, MoneySavingExpert.com founder Martin Lewis writes. You could save £1,000s on credit cards, mortgages, overdrafts, loans, store cards, buy-no-pay-later (BNPL) and more - here's how

21 January 2021

Revealed: 100,000+ overpaid student loans last year because they were on the WRONG payment plan – how to reclaim

More than 100,000 people overpaid student loans in the last year alone as they were recorded as being on the wrong loan plan – and many can reclaim £100s or even £1,000s

15 December 2020

HSBC, First Direct, M&S Bank or John Lewis Finance customer? If you've been in arrears in the past you may be sent a cheque for £100

HSBC Group says an internal review uncovered instances where customers in arrears hadn't received the quality of service expected between 2010 and 2019

14 December 2020

Revealed: 700,000+ overpaid a combined £100m+ on student loans last year – how to reclaim

A huge number of graduates and other student loan borrowers repaid over £100m more than they needed to last year, new figures obtained by MoneySavingExpert.com reveal. The vast majority of this cash hasn't been claimed back - but the good news is, if you've overpaid, it's easy to reclaim

20 October 2020

Student Loans Company's new 'quick repayment' tool is dangerous and irresponsible, says Martin Lewis

MoneySavingExpert.com is today slamming "irresponsible and dangerous" changes made by the Student Loans Company to its website, which fly in the face of evidence and recommendations presented to both it and the Government

10 August 2020

High-cost credit firms rapped for suggesting customers borrow more to fund 'exotic' holidays

Some high-cost credit firms are allowing repeated borrowing which puts consumers at risk of building up high levels of debt, and using marketing messages that suggest customers can borrow extra money in order to fund exotic holidays, a review by the financial regulator has found

6 August 2020

Regulator to ban interest rate-linked car finance commission

The financial regulator has announced it will ban commission models that give car finance dealers an incentive to raise customers’ costs from next year

28 July 2020