Payday loans trapping consumers into a 'downward spiral of debt' Which? says

Fri, 18 May 2012 12:58:27 GMT

Payday loans are trapping an increasing number of consumers into a 'downward spiral of debt' due to the high penalty charges imposed on customers for late repayments and hidden fees.

Cashback vs rewards: Which credit card really pays the most on £1,000 of spending?

Thu, 17 May 2012 14:38:49 GMT

Tesco Clubcard vs Amex cashback? We crunch the numbers on these and other rewards credit cards to work out which is really best for those spending £1,000 a month on plastic.

Credit card firms misleading customers over payment deadlines, with the worst levying £12 late fees unjustly

Thu, 17 May 2012 13:24:01 GMT

Credit card companies are misleading customers over the time it takes to credit accounts if a payment is made in cash, with RBS/NatWest even potentially fining them.

The cashback card that fixes your credit history: borrowers with bad credit offered cashback for the first time

Wed, 16 May 2012 12:10:59 GMT

Borrowers with a bad credit history can now get cashback on a credit card for the first time.The Capital One Classic Extra card gives 0.5 pc cashback on all spending, with no maximum limit.

Record claim for mis-sold PPI? Credit card firms pay out £50k to ONE woman

Wed, 16 May 2012 08:18:16 GMT

'Mary' featured on the BBC’s Moneybox programme this weekend and told how she successfully claimed back £50,000 from several credit card companies.

Capital One cashback credit-building card, but you must spend £320 a month to make £20 a year

Thu, 10 May 2012 11:58:53 GMT

Capital One's new credit card card offering is the only card to offer cashback to customers trying to rebuild their credit rating. But you have to spend big to reap the rewards.

Best credit card guide

Thu, 10 May 2012 10:41:30 GMT

Thinking about how to get the best credit card? If you are thinking of getting a credit card, you may find the huge variety of deals available overwhelming. We explain how to pick the best card for you.

James Coney: How I became a fraud victim

Thu, 10 May 2012 10:38:53 GMT

I used to think that anyone who fell victim to fraud had obviously done something wrong, and it’s an attitude many of the banks seem to take too, says James Coney.

Avios glitch leaves Lloyds credit card customers without points

Thu, 10 May 2012 09:09:14 GMT

Lloyds TSB Duo credit card customers who qualified for 3,000 bonus Avios points - or a third of a flight to Paris - have been left chasing the reward.

Price promise by Sainsbury's Bank to beat the best rates on loans could damage your credit record

Wed, 09 May 2012 10:07:34 GMT

To take advantage of an offer by the supermarket to beat personal loan rates borrowers need to make at least one application elsewhere - which could impact your credit rating.

Rise of the recurring payment menace: How to avoid the continuous payment trap

Wed, 02 May 2012 14:19:09 GMT

Increasing numbers of bank account-holders are complaining about mystery payments on their statements for services they thought they were no longer paying for.

NEW DEAL ALERT: Capital One wades in with new 5% Aspire cashback credit card

Wed, 02 May 2012 13:22:09 GMT

If you are one of the millions of credit card users who pays their balance off in full each month a 0 per cent card is not necessary. Capital One has launched a new range of cashback credit cards aimed at attracting this type of user.

Tesco Bank stops cash payments on credit cards

Wed, 02 May 2012 11:51:26 GMT

Tesco Bank’s 2.8m credit card customers will no longer be able to pay off their cards at their local bank from this month using cash.

Total debt chased by collectors up by £6bn to £58bn

Fri, 27 Apr 2012 12:47:35 GMT

Debt collection agencies are chasing a staggering £58billion – equivalent to £1,000 for every man, woman and child in the country.

Co-operative Bank won't let me close my mother's credit card account

Wed, 25 Apr 2012 09:52:27 GMT

For more than a year I have been trying to close my mother’s credit card account with the Co-operative Bank. She has dementia and my brother and I have power of attorney.

Capital One Aspire credit card: How to earn £200 simply by shopping

Wed, 18 Apr 2012 10:07:24 GMT

Careful shoppers can grab a new credit card that pays back 5p for every £1 spent. It is part of a new range of cards from Capital One, called Aspire.

Yes Loans is STILL free to trade despite being stripped of its licence after a three-year inquiry

Sun, 11 Mar 2012 12:28:04 GMT

The Office of Fair Trading, which two weeks ago ordered an inquiry into the entire payday loans market, cracked down on the firm and its directors – but only after a three-year investigation.

Which? report reveals millions of Britons are forced to borrow to buy groceries

Mon, 05 Mar 2012 07:56:15 GMT

Only 43 per cent currently feel they can afford to live on their current income while 36 per cent have admitted to finding things difficult - twice the proportion who were struggling in 2006.

How to get out of debt

Thu, 01 Dec 2011 11:23:19 GMT

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

Choose the cheapest personal loan

Thu, 20 Oct 2011 11:12:17 GMT

If you are thinking of taking out a loan, read our guide to the key factors you must consider