Consumers used £2.3billion of ‘buy now, pay later’ credit to pay for Christmas

Consumers used £2.3billion of ‘buy now, pay later’ credit to pay for Christmas – 40 per cent of all festive shopping Research found that one in four shoppers used firms such as Klarna Shoppers spent an average of £170, adding to a total bill of £2.3billion The research was carried out by credit reporting firm … Read more

Celebrity social media pushing ‘buy now, pay later’ credit

Insta fan: Claire Menary: who has 34,000 followers, has promoted Klarna  They are the glamorous social media stars with the picture-perfect lifestyles that attract thousands of aspiring young followers. Yet their posts are now being investigated by the advertising watchdog over fears they irresponsibly promoted ‘buy-now, pay-later’ credit as a way to feel better in … Read more

I still have credit with failed supplier Yorkshire Energy. How can I get my money back?

Our energy supplier went under days after I switched for a better deal – but I was £100 in credit: will I automatically get my money back? Yorkshire Energy recently announced it had collapsed  Many still have credit with the supplier, including those who have switched  We reveal how you can claim your money back … Read more

China races to set up Corporate Social Credit System through sweeping data-collection scheme

China is pushing for its social credit system with a sweeping data-collection scheme to monitor and solidify control over companies, a study has said. The Corporate Social Credit System (CSCS) would punish and reward companies by putting them on ‘blacklists’ and ‘redlists’ after compiling information and analysing their behaviour, according to a Beijing-based consulting firm. … Read more

China races to set up Corporate Social Credit System through sweeping data-collection scheme

China is pushing for its social credit system with a sweeping data-collection scheme to monitor and solidify control over companies, a study has said. The Corporate Social Credit System (CSCS) would punish and reward companies by putting them on ‘blacklists’ and ‘redlists’ after compiling information and analysing their behaviour, according to a Beijing-based consulting firm. … Read more

Credit card holders face late fees because of little-known small-print

Beware costly credit card trap that could leave you facing late fees and black marks on your file By Victoria Bischoff for the Daily Mail Published: 22:01 GMT, 1 December 2020 | Updated: 22:01 GMT, 1 December 2020 In recent months, thousands of credit card users have received sizeable refunds to their accounts after holidays, … Read more

Can you claim universal credit when you have savings?

Claiming universal credit when you have savings: Six tips to protect your funds AND eligibility for this vital benefit By Kay Ingram For This Is Money Published: 07:47 GMT, 1 December 2020 | Updated: 07:47 GMT, 1 December 2020 Kay Ingram:  Those who have savings may see their entitlement to universal credit reduced Kay Ingram is … Read more

‘I should take his credit card away’: Economic hawk Rishi Sunak jokes about Boris Johnson’s spending

‘I should take his credit card away’: Economic hawk Rishi Sunak jokes about Boris Johnson’s desire to turn on the spending taps as he prepares to outline coronavirus economic plans The Chancellor made the quip ahead of spending review on Wednesday  Mentioned elf-on-the-shelf toy which makes sure his two children are behaving Asked if PM … Read more

‘I should take his credit card away’: Economic hawk Rishi Sunak jokes about Boris Johnson’s spending

‘I should take his credit card away’: Economic hawk Rishi Sunak jokes about Boris Johnson’s desire to turn on the spending taps as he prepares to outline coronavirus economic plans The Chancellor made the quip ahead of spending review on Wednesday  Mentioned elf-on-the-shelf toy which makes sure his two children are behaving Asked if PM … Read more