Scores of retired women have won back payments worth up to £17,000 after being short-changed on their state pension. The scandal involves married women, widows and divorcees who are entitled to a pension rate based on their husband’s National Insurance contributions. Analysis by former pensions minister Sir Steve Webb found that tens of thousands of … Read more
Buy now, pay later has exploded onto the payment scene in recent years, allowing shoppers to purchase items without paying for them right away, technically putting many into debt. However, almost a third of people say they don’t consider delayed payments to be debt, new research shows. Jessica Exton, behavioural scientist at ING – which … Read more
In October last year I repaid £20,000 of my student loan. In January I paid off the rest — around £4,000. The Student Loans Company (SLC) confirmed the debt was paid and gave me a £24 refund. But a further £492 was taken from my salary until April. My employer, a local borough council, says … Read more
Figures show savers denied £22bn in quarterly dividends after coronavirus prompts ‘unprecedented’ cut to payouts By Matt Oliver For The Daily Mail Published: 21:52 BST, 19 July 2020 | Updated: 21:52 BST, 19 July 2020 Savers have been denied £22billion in quarterly dividends after the virus crisis prompted an ‘unprecedented’ cut to payouts, figures show. … Read more
Borrowers using payday loans, buy-now-pay-later deals, car finance and pawnbrokers get new help if they can’t meet payments due to Covid Guidance comes in force on Friday and covers rent-to-own business customers For customers yet to request payment freeze, they can apply up to October 31 A ban on repossessions for motor finance and RTO … Read more
Brazil Central Bank suspends WhatsApp mobile payments for review less than two weeks after release Brazil has suspended WhatsApp’s mobile payment feature It will review if the feature meets the country’s regulatory standards The decision comes less than two weeks after the feature’s release WhatsApp has yet to expand mobile payments elsewhere By James Pero … Read more
Britain’s cash system is on the brink, with increasing numbers of businesses refusing coins and notes due to virus fears. For the millions who still rely on paper money to shop and pay the bills, the idea of a cashless world is desperately worrying. While Money Mail will keep fighting to protect the nation’s access … Read more
Treasury loses more than £2.5billion in fuel duty payments due to dramatic drop in car use during lockdown By Daily Mail City & Finance Reporter Published: 21:51 BST, 19 June 2020 | Updated: 21:51 BST, 19 June 2020 The Treasury has lost £2.5bn in fuel duty under lockdown The lockdown has cost the Treasury more … Read more
WhatsApp starts rolling out digital payments that allow users to send money in-app and buy goods via Facebook Pay The feature will enable person-to-person money transfers via Facebook Pay It will also let users buy goods from stores inside the app Currently it’s being rolled out in Brazil and will expand soon It’s unclear when … Read more
Fiat and Alfa Romeo to waive up to 7 MONTHS of car finance payments if customers lose their job in the next year due to the coronavirus pandemic Third of motorists surveyed say they are interested in buying a new car but are concerned about their job security FCA Group – including Fiat, Alfa Romeo, … Read more