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- Feed Preview Cards & loans Articles | Mail Online
Buy-now-pay-later finally set to be regulated? Government launches consultation following its rapid rise
Buy-now-pay-later (BNPL) payments allow customers to spread the cost of purchases over the course of a few months.
Best credit cards rated: Top for cashback, rewards and clearing debt
This is Money has scoured the market and picked out the best credit card deals to help you make the most of your money - whatever you plan to pay for on plastic.
John Lewis now offers personal loans of up to £35k to customers - but can better rates be found elsewhere?
John Lewis customers will now be able to borrow £35,000 through John Lewis Money and Zopa Bank.
Virgin Money launches 0% balance transfer card - is it the best on the market?
Virgin Money launched a balance transfer card with a 29-month 0 per cent interest period - though it does have a relatively steep one-off fee of 3.45 per cent on transfers.
I'm still paying Amex fees for a card I cancelled 17 YEARS ago: CRANE ON THE CASE
I recently discovered my Gold card was never cancelled, and I have been charged the annual membership fee since 2007.
NatWest's new credit card has 1% cashback on spending abroad - is it worth taking?
NatWest's new card is aimed at UK customers who go abroad a lot, and will offer rewards on purchases made with the card outside of the UK.
I borrowed from a loan shark: I'll live the rest of my life in fear
Katie* tells us how she borrowed from a loan shark when she lost her job just before Christmas - and the effect it has had on her and her son's life.
Amex launches boosted cashback deal of £125 for new customers
New Amex Cashback Everyday Credit Card customers can now get 5 per cent cashback up to £125 on all spending.
Barclays launches new Amazon credit card - is it worth having?
Barclaycard and Amazon have partnered to bring a new credit card. Users can earn cashback rewards which can be redeemed as Amazon vouchers
I borrowed £3,000 from a loan shark and will end paying back £8,400
Susan borrowed £3,000 in October last year, from 'a friend of a friend'. At the time, she didn't realise that she would be paying back more than what she borrowed.
Spending abroad: Best debit cards, credit cards and foreign exchange
Many Britons may be hoping to put the last two years of lockdowns and travel restrictions behind them by heading abroad this summer - even if that means braving airport queues.
Amex launches 30,000 bonus point Gold credit card offer - is it worth getting?
Those who open an American Express Gold card will be able to get 30,000 bonus points as part of a new deal. .
Nationwide doubles its maximum personal loan to £50k - how does it compare to other big banks?
Nationwide Building Society has become the latest lender to offer a £50,000 personal loan.
Loan firm Moneybarn tried to take my car - but I don't think I'm behind on payments: CRANE ON THE CASE
I was told it wouldn't investigate further unless I made an £800 payment off my balance, and I've resorted to hiding the car to prevent it being seized. Can you help?
Young people most likely to get in debt with loan sharks, as data shows more turn to illegal lending
As many as 31% of people in the UK said they feel that there is nothing they can do to improve their financial situation, according to research from Creditspring.
Angry Barclaycard Platinum customers see 'low rate' card's interest rate almost DOUBLE
Customers who took out 'low rate' creit cards have been angered by Barclays move to hike them beyond the level they have already risen to with base rate rises.
This American Express Platinum card has an APR of 704.6% - here's why
The American Express Platinum Card has the highest APR ever - but there is a good reason for the eyebrow-raising rate.
Nearly half of young people don't realise buy now, pay later can get them in debt
Nearly half of people aged between 18 and 34 also don't know that buy now, pay later lenders can add fees for missed payments, research claims.
Do Virgin Money and Tesco Bank deals signal end of the road for the original challenger banks?
In the 1990s a new kind of challenger bank emerged, hoping to disrupt the big four - but it hasn't quite worked out that way. Can they see off a spate of buyouts and competition from app-based ri...
American Express fights back against buy now, pay later firms... by launching its own version
American Express has launched its own version of buy now, pay later called 'Plan It' - a new feature which will allow customers to pay off purchases over time in monthly instalments.
My student loan has increased by 25% in six years… should I pay it off early?
I am paying £250 a month to repay my student loan but it is not even paying off the interest. Should I keep paying every month or start saving to pay off the loan early and avoid the interest?
One in four credit card users pay bills late as debts soar
Fewer than half of credit card users regularly pay off their balance in full, with the average credit card debt now reaching £1,160.
'I got £4,000 off a business class flight to LA': Avios pros share their secrets
We asked our readers to anonymously send us their best tips for collecting British Airways' Avios points. Here are their nuggets of wisdom.
What's the best credit card to buy £10,000 of furniture for my new home?
I'm about to spend quite a lot of money on household items, which I will put on a credit card. What cards should I look at for the best deals?
Five expert tips to make your Avios points take off - boost the balance by up to 300%
From using credit cards, to getting points on in-store shopping or even buying Avios from British Airways direct - these tips could get you free flights or upgrades sooner.
Beware your favourite credit card: Interest rates soar - with Sainsbury's and John Lewis among worst offenders
Britain's 36million credit card holders are facing the highest interest rates in more than 17 years as providers of some of the most popular cards hike their costs.
Christmas shoppers beware as interest rates on credit cards hit a 17-year high of 34.6%
The average credit card interest rate rose 34.6% between September and December. The rate has jumped 4.3 percentage points in a year.
John Lewis U-turn on dramatic cuts to credit card limits after we raised the alarm
In a major u-turn, John Lewis agreed to reverse the dramatic cuts it had made to the credit limits of loyal customers in recent months.
John Lewis's halved my credit limit just before Christmas... with no notice!
TONY HAZELL recently received an email from John Lewis which had him spluttering his afternoon cake ration all over his iPad.
Klarna financing product changed amid technical issues which affected some customer credit scores
The 'buy now, pay later' app Klarna has made changes to its financing product used by 90,000 shoppers after a spate of technical issues.
Banks cut interest-free periods on 0% credit cards - and it means an extra £30-a-month on top deal
Credit card interest rates are rising, with the average purchase APR on a credit card now 34.5 per cent, the highest level since Moneyfacts started keeping records.
Trouble-free ways you can improve your credit score
BuildMyCreditScore issues users with a debit card that is connected to their existing current account. They can then use it to buy train tickets, groceries and other items as usual.
Are you owed money? 350,000 PPI victims fight for another £1bn payout
Law firm Harcus Parker claims six million people who were mis-sold PPI could still be owed £2,500 each after banks pocketed commission payments.
Poor credit rating can cost you as much as £270,000 over your lifetime
A 20-year-old with a poor rating could rack up £551,787 in interest by the time they are 68 if their score does not improve, according to Credit Karma.
The best 0% balance transfer credit cards have been downgraded by banks
Banks are continuing to trim the time customers have to pay off their 0% balance transfer credit cards and also hiking fees.
Where is the PPI tax rebate I'm paying Brooksdale 48% commission to get?
I was told the process would take 12 weeks, but it's now been 15 months - and I'm having to do some of the work chasing up HMRC myself.
Bank of England reports new record high interest on credit cards
The effective interest rate on credit cards jumped by 34 basis points to a new record high of 20.76% in July, new data from the Bank of England shows.
Plan 5 student loan explained: What's changed for students in 2023 intake?
Under the new 'Plan 5', which applies to those starting their degrees from August 2023, graduates will start paying back loans when they earn £25,000 per year. Here's what you need to know.
Ticking time bomb of buy now pay later: 3.1M owe £2.7bn in 'shadow credit' boom
More than 3m UK households owe £2.7billion on BNPL borrowing, according to a new analysis by economists at the Bank of England.
Sharp rise in parents taking out LOANS to pay children's private school fees
The trend reflects the soaring cost of private education, as well as the cost of living crisis putting pressure on household finances.
Households falling into debt, as outstanding credit card balances soar by 9.5% in a year
Official figures from banking group UK Finance show that uncleared credit card balances rose by more than £4.1bn in the year to April.
How to get the best credit card as rates hit a 28-year high
Credit card rates are rising and have not been higher since 1995, according to analysis of Bank of England figures.
Section 75 credit card protection could be 'watered down'
Customers can use Section 75 to get refunds when their purchases don't go to plan - but the Government is now planning changes to these laws.
Banks cut terms and raise fees on balance transfer credit cards
A string of big banks slashed the maximum terms on their balance transfer credit cards by several months last week.
Amex increases sign-up bonus on Preferred Rewards Gold credit card
American Express has increased the sign-up bonus on its Preferred Rewards Gold credit card from 20,000 to 25,000 points.
Fee-free spending abroad: These are the best options
With sneaky exchange fees and charges for dormant accounts, pre-paid cards often aren't the best way to spend abroad. We look at some more cost-effective options.
Barclaycard Avios Plus credit card sign-up bonus is 'ludicrously good'
Britons have just one week to sign-up to the Barclaycard Avios Plus Mastercard and bag themseves a sign-up bonus of 50,000 Avios points.
Amex relaunches bumper sign-up bonus on Platinum credit card: Is it worth the big fee?
The points on offer are double the usual 30,000 - but do the benefits make it worth shelling out for the £575 annual fee?
New debit card lets relatives track dementia sufferers' spending
The card, a partnership with Mastercard and the Alzheimer's Society, is likely to appeal when someone has early stage dementia.
HSBC takes on rival upstarts with fee-free traveller debit card
The HSBC Global Money Account, plugged in a new advert by actor Richard Ayoade, is a 'no brainer' for existing customers, says one industry expert.
The Jet-set lifestyle of shamed Amigo Loans tycoon and Secret Millionaire James Benamor
Over the course of 15 years until the start of the pandemic, Amigo offered loans of up to £10,000 at a hefty 49.9% annual rate of interest. Its founder, 45-year-old James Benamor, is now a billi...
Credit card that gives you eight free BA flights just for signing up!
New customers who take out the BA American Express Premium Plus card via the British Airways website receive a huge 70,000 Avios points.
Credit card debt rises as quarter borrow to buy food or pay bills
Increasing numbers of Britons are relying on unsecured borrowing in a bid to keep themselves afloat amid rising living costs, according to the Money and Pensions Service.
Credit card interest: How to cut what you pay and find a better deal
The average credit card user would now repay £110 in interest on £500 of borrowing. We explain how 0% interest cards and balance transfer work, and how to get a better deal.
Warning as credit card interest rate reaches a 16-year high of 30.3%
This month, the average purchase interest rate on a credit card reached 30.3 per cent, the highest level since the analyst's records began in June 2006.
Britons in the red: More people dip into overdraft or turn to buy now, pay later to cope
Overdraft usage has increased by 7.1% since August 2021 as inflation bites, according to an analysis of 20,000 UK bank accounts.
Loan repayment calculator
This independent calculator shows what your monthly payments would be for a given loan, where interest is compounded monthly
Young borrowers likely to use payday loans and aren't aware of 'more affordable' credit unions
Fair4All estimates there are 7.7 million people aged 18 to 34 in financially vulnerable circumstances. Victoria Barry (pictured) tells us how a credit union helped her escape debt.
Now tens of thousands are turned down for a John Lewis credit card
John Lewis says 4% of cardholders had been turned down for a new credit card after it after it switched providers from HSBC to NewDay.
American Express revamps its Gold card perks
American Express has revamped its Preferred Rewards Gold Card, with a huge sign up offer aimed at attracting new customers.
Seven credit cards that really do pay YOU to shop
For shoppers seeking ways to make their cash stretch further, a reward credit card has always been touted as a quick win.
'Why have you slashed our card limit?' rage John Lewis customers
In some instances, cardholders have been told they will no longer be able to use their card after the end of October.
Iceland's microloan scheme slows lender's website due to demand for interest-free credit
Shoppers can apply for microloans to be paid off in £10 weekly installments, interest free - demand has been so high, Fair for You has struggled under the volume.
How to sort your student loan if you apply to university through clearing
Nearly 50,000 students will apply through clearing this year. It's still possible to get a tuition fee and maintenance loan in time for the new term - but they will need to act fast.
Credit card interest rates soar to a 24-year high
The latest Bank of England data shows quoted interest rates on credit cards reached an average of 21.66% last month, up 0.23 percentage points since June.
American Express Platinum credit card launched with the biggest ever sign up bonus
Points expert says the Platinum card is a 'coupon book for middle-class people' - but it does come with a hefty annual fee.
Virgin launches Slyce card enabling customers to split big purchases over six months interest-free
As a new card launches, experts have questioned whether encouraging young people to spend more during a cost of living crisis is responsible.
The best credit cards for cashback
Cashback credit cards are a great way to get a small return every time you spend. We scoured the market for the best money-back options.
Cost of credit card borrowing close to 20-year high
The latest Bank of England household interest rate figures showed that the cost of borrowing on credit cards hit 21.43% in June.
Would you implant a tiny debit card chip in your hand?
London-based Walletmor claims to be the first company in the world to sell contactless bank-card chips that can be implanted into humans.
How to pay for university tuition fees without a student loan
Those starting in September will be paying an initial 7.3% interest on their loans - so some may be looking for alternative funding options.
Best personal loan rates: Banks start to up rates meaning best deals might not last long
People hoping to take out £7,500 personal loan are typically facing the highest interest seen in six years. However, deals of 2.8% still exist... for now.
We join the police to hunt the loan sharks charging 100,000% interest
FIONA PARKER witnesses a raid in Lancashire carried out by the Illegal Money Lending Team, a branch of trading standards tasked with tracking down loan sharks.
Borrowers hounded by debt collection firms for bills they don't owe
Citizens Advice warns that the number of people being contacted by debt collection agencies on behalf of energy suppliers has increased by a third.
Best balance transfer credit cards to help you clear your debts
As Britain becomes further entangled in the cost of living crisis and braces for even higher inflation, those with credit card debts could be feeling the strain.
Millions more Britons locked out of credit from mainstream lenders
Access to affordable credit can be important for people's financial stability but one in five say they feel locked out of the financial system.
Klarna will show up on your credit file from today - but does it affect your credit score?
Buy now, pay later giant will report purchases paid on time, late payments and unpaid purchases to Experian and TransUnion.
Why did Experian send 24 emails and offer me 39 separate credit cards?
For the past two months Experian has flooded my inbox with no fewer than 24 tempting credit card and personal loan deals. Four arrived in one week.
Credit card borrowing rises at fastest pace since 2006, BoE says
The BoE data shows credit card borrowing jumped by 10.6% in the last year, as the cost of living squeeze hits millions of households.
Avios, Amex or Virgin: What's the best reward scheme?
Britons are being squeezed by the cost of living crisis and many will be looking for smart ways to make their money go further.
Buy now, pay later outpaces 'traditional' debts such as mortgages or car loans
Among under-35s, as many as one in four believe they can't get into debt using buy now, pay later when shopping online.
Barclays to begin charging to replace debit cards
From August, the first replacement card will be free but any more will cost customers £5 if they misplace one or need to update their details.
Credit card debt rose £1.5bn in February in biggest monthly rise for 30 YEARS
New credit card borrowing in February was up 9.4% in a year while the size of the typical mortgage increased 10.4%, according to latest Bank of England data.
How families are feeding themselves using buy now, pay later lenders
Like many online shoppers, Student Synthia Gazi (pictured) was first tempted to use buy now, pay later services to buy clothes.
Balance transfer credit cards to help you clear debt more cheaply
As long as borrowers stick by conditions they can use these to clear debts with no interest, instead of typical credit card rates of 25 to 30 per cent interest.
'It was BNPL or starve' - one in 12 use Buy Now, Pay Later to pay for food and everyday essentials
The charity found that young adults, those in debt and those on Universal Credit were twice as likely to use BNPL for essentials than the general public.
Best credit cards: Barclaycard offers new generous Avios deal
Barclaycard has partnered with Avios to launch two new credit cards, giving new and existing customers the opportunity to collect points for every £1 spent.
The financial adviser who spent her way to a debt of £30,000
Despite being a qualified financial advisor, Catherine Morgan (pictured) spiralled into debt after developing an addiction to clothes shopping.
Are credit cards being replaced by buy now, pay later?
Younger people are increasingly ditching credit cards in favour of buy now, pay later schemes a new study has found.
Britons more likely to buy now, pay later for a washing machine than clothes
More than a third said they wouldn't use BNPL providers - which include the likes of Klarna, Afterpay and Clearpay - at all, according to a YouGov poll.
How can young adults get themselves out of debt?
The number of 16-24-year-olds contacting the FOS for debt help has risen sharply. We explain how to get your finances back on track.
Buy now, pay later used by 42% of Gen Z in Britain last year
Nearly half of 16-to-24 year-olds in Britain used BNPL services last year to help spread the cost of expensive fashion items and snazzy tech gear, new research suggests.
Amazon launches buy now, pay later in Britain after partnering with Barclays
Britons now have the option of buy now pay later when shopping on Amazon's website, following a partnership between the retail giant and Barclays Bank.
Avios points: New offers from Amex and BA 2022
The promotions will be running until 28 February, meaning anyone wanting to make the most of them will need to act fairly rapidly.
How to get out debt in 2022: Eight steps to help
Last year has been one of the most financially challenging. To help those who have found themselves in debt, This is Money speaks to the experts for advice on how to get out of the red.
Why now is a good time to credit card balance transfer to clear debt
For those who use credit cards to manage their debts, balance transfer cards are a way to cut down on costly interest payments by putting everything in one place.
Is buy now pay later as risky as credit card borrowing?
Almost eight million Britons currently have significant outstanding balances with buy now pay later (BNPL) providers, averaging £538 each, according to new research.
Klarna browser add-on puts buy now pay later across all online stores
Klarna has brought its BNPL app features to computer-based shoppers, and will also alert them to coupons and cashback offers.
Credit card rates snowball at Christmas as cost-of-living crisis bites
Spenders are on the cusp of the biggest squeeze for a decade as soaring energy and fuel prices send inflation sky rocketing.
Where can Visa credit card holders go when Amazon stops accepting their payment next year?
Amazon's decision to no longer accept payments from UK-registered Visa credit cards from next year will undoubtedly cause concern among many UK shoppers.
Calculator: Credit card repayment reality check
See how long it will take you to clear your credit card balance if you only make minimum repayments (it's scarey stuff)
Contactless card limit raised to £100 but many stores won't allow it
When reporter AMELIA MURRAY (pictured) went to try out her new spending power in London, she was met with bemusement and suspicion.
Set your own contactless spending limit ahead of new £100 cap
The new contactless limit is being increased from £45 and customers will be able to make up to five transactions, worth up to £300, without being asked to enter their Pin.
American Express gold card: Now offering 30,000 bonus points
New American Express customers could earn £264 in Nectar points or £150 in Amazon vouchers if they spend a certain amount after joining.
Monzo unveils new buy now, pay later product called Flex
The online banking service will be offering its customers credit limits of up to £3,000 and will allow them to spread the cost of purchases over three, six or 12 months.
Could Amazon be about to launch a buy now pay later service in Britain?
Amazon customers in the UK may soon be able to split the cost of their purchases into smaller monthly payments as it launches the service to some in the US.
August bank holiday was busiest spending period since Christmas 2019
The biggest upsurge in spending was in entertainment, leisure as well as food and drink as people celebrated the long weekend by going out to pubs, restaurants, festivals and zoos.
Lloyds Bank launches new cashback credit card: Is it any good?
Lloyds Bank has launched a new credit card enabling its customers to earn cashback every time they spend.
A credit crunch is on the cards as shoppers hit the high street again
Now shoppers are back out on the High Street in their droves and in May, consumers borrowed more money than they paid off for the first time since August 2020, according to the Bank of England.
Provident tells former customers to use ethical lenders as watchdog raps compensation scheme
Around 280,000 customers of its closed doorstep lending arm will receive emails directing them towards the UK's 250 credit unions, and a group of nearly 50 affordable credit providers.
Increasing number of Britons turning to Buy now, pay later schemes
An increasing number of Britons used buy now, pay later schemes during the pandemic as people turned to online shopping during the lockdowns.
How to get out of debt and your overdraft
Around 14% of higher-rate and additional rate taxpayers fall 'into the red' for at least half the month compared to just 9% of basic-rate taxpayers, data from Hargreaves Lansdown claims.
M&S Club Rewards credit card: Is it any good?
M&S Bank has launched a new rewards credit card offering its customers enhanced rewards and a range of shopping vouchers among other benefits.
Amigo Loans asks 4,000 borrowers why they voted against proposed rescue scheme
Borrowers of beleaguered subprime lender Amigo Loans have hit back after it sent them a survey asking them why they voted against its rescue plan.
HALF of 16-24s don't know that a missed payment can damage their credit score
Young borrowers are unknowingly putting their financial futures at risk, with many unaware about the damaging implications of missing loan or credit card repayments.
Best credit cards deals for purchases, holidays and clearing debts
Although availability of interest-free deals and cards is low by historical standards, it has bounced back in recent months and there are now plenty of decent options, even if they aren't as gene...
British Airways to double the space on flights for Avios flyers in July
British Airways has handed families and holidaymakers 'great news' in the form of more than 250,000 extra seats for travellers booking flights using Avios points from the end of July.
Barclaycard customer gets old credit limit back after winning appeal
Long-standing Barclaycard customer Mark Gough was told his credit card limit would be cut by £12,000, even though his income hadn't changed. However, the bank changed its mind after he complaine...
Should you really fly now and pay later? Here's what you need to know
As buy now, pay later services like Klarna continue to grow in popularity, an increasing number of travel-focused services have cropped up.
Government Debt Relief Order changes could help thousands more 'freeze' what they owe
Some 13,000 more people with problem debt could be allowed to 'freeze' their payments from next month under proposals published today by the Government.
American Express offers Gold cardmembers £10 back with Deliveroo every month
Amex may have caught the eye of shoppers and takeaway fans this week after announcing one of its credit cards is now offering cashback when used for Deliveroo.
American Express to cut cashback on its credit cards by as much as 50%
Amex's market-leading cashback credit cards are getting a little less generous, with the provider slashing how much customers earn by as much as 50 per cent in some cases.
Government launches 'Breathing Space' debt respite scheme: Will it work?
Britons with mounting debts will be able to ask for them to be put on hold for two months from today, after proposals two years in the making came into effect.
Barclaycard customers facing credit limit cuts handed more confusion
Barclaycard customers who have had their credit limits cut by as much as 95 per cent have faced yet more confusion, after wrongly being told new limits were based on their average balances.
Personal loan rates on £10,000 hit record lows despite the pandemic
Those looking to borrow to fund home improvements might not be able to take advantage of an interest-free advance from Conservative Party HQ, but they can benefit from a recent fall in loan rates...
The British buy now, pay later firms: AppToPay, Butter and Curve
Although a small percentage of the online credit market, the buy now, pay later sector has been booming, and everyone wants a slice of it, however controversial it has proven to be.
52% of young buy now, pay later borrowers sign up unknowingly
Checkout credit providers have been accused of making it too easy for young people to get into financial trouble, after research found they often didn't realise they were taking on debt.
My Barclaycard limit is back to where it was when I earned £80-a-week
I have felt Barclaycard's customer service disaster personally. My credit limit has been cut from £8,500 to £1,000 for no discernible reason.
The pandemic is killing plastic: Barclaycard caps are the final straw
Credit card provider Barclaycard is facing a mass exodus of loyal customers after suddenly slashing the credit limits of more than 100,000 customers by as much as 99 per cent.
Barclaycard under pressure to reverse credit limit cuts for steady customers
Barclaycard customers have called on the provider to change its mind over its heavy-handed cutting of credit limits of cardholders whose financial circumstances have improved over the last year
Barclaycard tries to defend slashing credit card limits of loyal customers
One longstanding Barclaycard customer saw his limit cut from £11,000 to £300, while another's was slashed from £8,500 to £1,000 without any checks on their finances.
Klarna clampdown: Regulation of buy now, pay later credit firms due within weeks
Plans to regulate Britain's booming buy now, pay later industry will be released within weeks, This is Money understands, after a review found it posed 'a significant potential consumer harm'.
Barclaycard cuts customers' spending limits by more than 85%
Credit card limits are tailored to individuals. Those with larger incomes and good repayment histories can usually borrow more; but limits can be cut if you fall behind on repayments.
RateSetter hands back £384m to 45,000 investors after Metro Bank takeover
45,000 investors in the now-defunct peer-to-peer lender RateSetter have had their accounts closed and their money returned after it was taken over by Metro Bank last August.
I'm sure PayPal never told me I could take a payment holiday
Hady Ahmad, 40, an oil industry engineer from West London, saw his income dry up towards the end of last February as the price of oil fell and travel restrictions were imposed due to the pandemic...
Buy now pay later small print can take up to an hour to read
Klarna, which has more than 12 million UK customers, has the longest terms and conditions at 13,637 words and would take 57 minutes to read. The average word count is 8,673.
Why will it take a year for HSBC to sort out my Section 75 claim?
Roy made a claim for a cancelled New York trip in August 2020 with HSBC. However, he has been told he might not get a pay out until 2022.
Has Klarna killed the store credit card? Just 5 retailer-branded cards now exist
Busted retailers and booming buy now, pay later payment methods has served to all but kill off the shop-branded credit card, new data suggests.
Amigo Loans scheme to safeguard its survival approved by High Court
Britain's largest guarantor lender Amigo Loans has been given the green light by the High Court to proceed with a scheme designed to cap the cost of compensation for mis-sold loans.
Visa to join Mastercard in hiking interchange fees for UK shoppers
Regulators have been urged to crack down on 'profiteering' by Britain's two largest card providers after Visa appeared to be joining Mastercard in massively hiking interchange fees this year.
John Lewis and M&S launch buy now, pay later schemes
John Lewis has launched a regulated online payment method in partnership with French bank BNP Paribas that will let customers borrow up to £35,000 to fund home improvements and pay it back over ...
Balance transfer credit cards: Interest-free deals continue to increase
Barclaycard, MBNA, Sainsbury's Bank and Virgin Money have all increased the length of their 0% balance transfer and purchase terms since January.
No-interest loan pilot from Treasury for hard-up borrowers
The no-interest loan scheme was first unveiled by former Chancellor Philip Hammond in the 2018 Budget to help those below the poverty line access credit. But funding has only just been proposed.
Loan gripes soar as families struggle to afford repayments in pandemic
Guarantor loans, which are typically taken out with the backing of a family member, were the most complained about finance product between October and December last year.
Ombudsman complaints: Guarantor loans replace PPI
Thousands of Britons are complaining to the Financial Ombudsman Service about being mis-sold unaffordable guarantor loans, new figures reveal.
Buy now pay later schemes are fastest-growing online payment method
The schemes are expected to account for 10 per cent of UK online spending by 2024, the research predicts. The global report was compiled by payment processing technology provider Worldpay.
Can credit unions really solve Britain's high cost credit shortage?
With high profile backers including Michael Sheen and Camilla, Duchess of Cornwall, credit unions have long been applauded for their co-operative membership model.
Virgin launches new rewards deal, but is it worth signing up for?
The Virgin Red scheme encourages people to visit its website or download the phone app - and buy goods and services offered by a number of online shops.
The internet debt sharks preying on the financial victims of Covid
Insidious firms seeking to profit on people's misery are using internet adverts to divert those struggling with money away from free help and advice and promising them easy ways to write of their...
Buy now, pay later: Don't let shoppers sign up by default, MPs say
Labour MP Stella Creasy and Tory MP Paul Maynard called for retailers to take further action after a review of buy now, pay later found it needed to be regulated 'as a matter of urgency'.