This morning, the Financial Conduct Authority announced proposals to try and help people struggling with their finances as a result of coronavirus. The proposals are subject to a quick-fire consultation and could come into force next Thursday. Banks have already brought in some measures themselves, but the FCA proposals seek to ensure that customers of … Read more
Given the Foreign Office has now advised against all overseas travel, it’s likely cancelling holidays is further up people’s priorities than booking new ones. But for those with bucketloads of Avios or American Express points who were intending on putting them towards flights, the news might leave them at a loss as to what to … Read more
When it comes to big banks it is often said that loyalty doesn’t pay. However, in an unusual case, 40 years of sticking with Lloyds Bank was the main reason behind a Hertfordshire man obtaining a £12,000 mis-sold PPI payout. But Richard Harvey’s case also highlighted how the banking giant stung him for worthless insurance … Read more
Three quarters believe in a credit blacklist…it’s a MYTH! We’ve asked the experts what you should know By Rachel Wait, Financial Mail On Sunday Published: 23:45 GMT, 14 March 2020 | Updated: 23:45 GMT, 14 March 2020 Many of us know that having a good credit score is key to getting accepted for the cheapest … Read more