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Just 6% of consumers whose complaint is rejected by their bank or financial provider take their case to the free Ombudsman service, despite them having a high chance of victory via that route.
4 September 2009
Today is a revolutionary day. Of the 3.7 million holders of outstanding Student Loans Company loans – many in their 20s and 30s – 400,000 will see their interest rate go negative.
1 September 2009
The number of people unemployed has rocketed to 2.44 million, the highest total for 14 years, official figures out today reveal.
12 August 2009
Hard-up consumers have been warned against paying high up-front fees to firms that pledge to get your debt wiped-out.
11 August 2009
Indebted consumers are being lured into agreeing loans with annual interest rates of well over 2,000%.
29 July 2009
The number of people unemployed rocketed to 2.38 million in May, the Office for National Statistics (ONS) has revealed today.
15 July 2009
Lenders have hiked the cost of regular debt insurance to recoup losses following the ban on lump-sum loan cover, a report claims.
3 June 2009
The Financial Services Authority (FSA) says lump sum loan insurance, where the premium is added to your debt upfront and incurs interest, is virtually extinct.
29 May 2009
Debt write-off cases can continue to be heard in the courts after a judge decided not to suspend 52 cases at Chester County Court this week.
21 May 2009
Personal loans secured on your property, also known as debt consolidation loans, have virtually vanished from the market, according to a report out this week.
20 May 2009
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