Alliance & Leicester, Barclays, The Co-Operative Bank, Lloyds Banking Group (including Lloyds TSB, Halifax, and Bank of Scotland), and RBS/Natwest are to stopped selling single premium Payment Protection Insurance (PPI) with unsecured personal loans by the end of January 2009. Continue Reading »

Almost two out of three people who take out a loan to consolidate their debts go on to borrow more while still repaying that loan, according to Moneysupermarket. Continue Reading »

The average student credit card balance is nearly £220, according to research from Halifax. Continue Reading »

Rather than dampening consumers’ appetite for shopping, the credit crunch has actually resulted in a new trend of ’saving now, buying later’, according to Yorkshire Bank. Continue Reading »

British pensioners are set to retire £66bn in the red, the latest research from equity release specialist Key Retirement Solutions (KRS) has shown. Continue Reading »

The effects of the credit crunch are leading people into concealing their financial woes from their loved ones, according to Moneynet. Continue Reading »

The Office of Fair Trading (OFT) has launched a public consultation on the scope of its project looking at irresponsible lending in UK consumer credit markets. Continue Reading »

New research has revealed parents are worried they will have to fund their children’s debts for more than 10 years after they graduate. Continue Reading »

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