The winners of the 2009 Your Money Awards were unveiled in London yesterday (July 16). The full list of successful providers is below, but keep an eye out for the next issue of Your Money (on sale August 20 with Your Mortgage) for the awards booklet which contains profiles of all the winners. Continue Reading »

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 »