The new measure will give the OFT the power to suspend a consumer credit licence with immediate effect, protecting consumers from rogue credit companies. The power, which covers companies that provide goods and services on credit, lend money, collect debts or help people with debt problems, will come into effect in early 2013.
...read
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New Fluid credit card lets you balance transfer 0% interest money into your bank account. But are 'money transfer' cards a good idea?
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CARDS AND LOANS: ESSENTIAL TIPS
- How to get the best credit card
- Choose the best personal loan
- Get back on track after ID fraud
- Improve your credit rating
- Dealing with bankruptcy
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- Reclaim your PPI premiums
- Five reasons why lenders turn you down
- Top credit card mistakes
- Loans warning: Five credit catches to avoid
- How to get a pay rise
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CREDIT AND LOANS: ESSENTIAL ADVICE
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If your finances are in a mess, now is the time to take control. Read our ten-step guide to getting back into the black ...read
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Millions of Britons are forced to borrow to buy groceries and household essentials
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