Around 100,000 of the UK's poorest families will be crippled with £82 million of debt during 2010 after borrowing money from loan sharks to fund Christmas, research claims today.
Consumers who try to wriggle out of their credit card debts based on a technicality have been dealt a blow after one loophole was closed by the High Court, it is claimed.
MPs are urging watchdogs to investigate the fairness of the credit application market, amid concerns consumers are being penalised for searching for the best deals.
Heads are expected to roll at the beleaguered Student Loans Company (SLC) after a damning report today criticised the firm's handling of the student finance system.
8 December 2009
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