Latest from the FCA; Following an FCA review of the practices of debt packager firms, 5 firms have stopped providing regulated debt advice until further notice and the FCA has used formal powers to stop […]
Many consumers who borrow money to pay for insurance policies are taking on extra jobs and selling their cars as they struggle to afford cover, new research from the UK’s leading premium finance company, Premium […]
Technical debt is one of those hidden costs that can just keep on racking up the pound signs like a taxi meter. But there is a cost-effective way of dealing with it, low code. Here’s […]
In recent years, media attention around PPI, or Payment Protection Insurance has increased drastically. For a time, loan providers were delivering this insurance to customers without asking whether they really needed it. Some people even […]
The Financial Conduct Authority (FCA) has today published final guidance clarifying its expectations of firms on the fair treatment of vulnerable customers. The guidance aims to drive improvements in the way firms treat vulnerable consumers […]
Some interesting news from the FCA today. Just under half of the UK population are doing OK during the pandemic, and 14% are actually financially better off. But the survey of 16,000 people revealed that […]
The Financial Conduct Authority (FCA) has fined Barclays Bank UK PLC, Barclays Bank PLC and Clydesdale Financial Services Limited (Barclays) £26 million for failures in relation to their treatment of consumer credit customers who fell […]
As retail empire Arcadia Group faces collapse and heads to the hands of administrators, the invoice insurance business Nimbla estimates that around £250m of invoices owed to Arcadia’s suppliers will go unpaid. This will have a […]
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