Loans

Consumers hoping to get their loan or credit card debt wiped off or reduced via the courts by exploiting loopholes in legislation have been warned by a lawyer that they’ve little chance of immediate success.

Hundreds of thousands of graduates could find it harder to obtain a credit card, loan or mortgage if they continually fail to meet student loan repayments.

The body that regulates solicitors has warned that a number of adverts which claim to offer an easy route to getting your credit card or loan debt wiped out could be misleading.

There is a new best-buy personal loan out today for non-homeowners.

Lenders will be banned from selling loan insurance within a week of selling a credit card or loan, it was announced today.