Firms which offer 'buy now, pay later' deals won't be able to charge backdated interest on money that's already been repaid, under new rules the financial regulator says will come into effect from November.
Lenders are missing the early warning signs of customers' financial difficulties, meaning they're too slow to offer help and borrowers risk falling further into debt, the financial watchdog has found.
If you're a new customer shopping online at Next, you should beware a threat to your chances of getting a loan, credit card or mortgage, a MoneySavingExpert.com investigation has found.
Debenhams, House of Fraser, Topshop and a host of other store card customers will have a new firm running their accounts next year, after SAV Credit bought Santander's store card business.
The Government has today announced a voluntary package of measures, agreed with the major banks, to help limit overdraft charges when a customer exceeds their limit.
Shops will no longer be able to offer instant inducements to customers to take out expensive store cards, under a voluntary code agreed between banks, the British Retail Consortium and the Government.