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....City traders are not the only people to follow the twists and turns of policymakers at the Bank of England. Plenty of middle-income families, coping with mega-mortgages, car loans and ballooning credit card bills, are concerned about the cost of credit. ... [Read full article on Guardian ]
Sunday 25th of June 2017 06:00:22 AM
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....However, YouGov said the data suggested that the job security and business activity measures, both for the last 30 days and the next 12 months, were proving relatively resilient. A report by the British Bankers’ Association showed consumer spending using loans and credit cards eased back last month as shoppers to rein in their spending. ... [Read full article on Guardian ]
Monday 26th of June 2017 11:05:13 PM
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.... Its twice-yearly financial stability report will be presented by the governor, Mark Carney, on Tuesday and he is likely to use the health check to highlight the problem of consumer debt burdens in the UK. With real incomes squeezed, households have been dipping into savings and maxing out their credit cards. ... [Read full article on Guardian ]
Sunday 25th of June 2017 06:00:22 AM
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.... Even with a relatively good-value deal there is the worry that when you arrive the desk will have closed for the evening, or run out of cars or given yours to someone else etc, or you will be subjected to unpleasant hard-sell tactics. And when you get home there’s the fear that money will be whipped off your credit card to pay for damage you didn’t cause or for mysterious “traffic violations”. ... [Read full article on Guardian ]
Saturday 24th of June 2017 05:59:00 AM
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Latest Finance News related to Credit Card

Consumer confidence collapsed after general election, YouGov finds image
Source : Guardian [Read Article] Monday 26th of June 2017 11:05:13 PM
....However, YouGov said the data suggested that the job security and business activity measures, both for the last 30 days and the next 12 months, were proving relatively resilient. A report by the British Bankers’ Association showed consumer spending using loans and credit cards eased back last month as shoppers to rein in their spending. ...
Maxed-out consumers of concern to Bank of England image
Source : Guardian [Read Article] Sunday 25th of June 2017 06:00:22 AM
.... Its twice-yearly financial stability report will be presented by the governor, Mark Carney, on Tuesday and he is likely to use the health check to highlight the problem of consumer debt burdens in the UK. With real incomes squeezed, households have been dipping into savings and maxing out their credit cards. ...
Uber and the ‘brogrammers’ feel the consequences of changing the world image
....City traders are not the only people to follow the twists and turns of policymakers at the Bank of England. Plenty of middle-income families, coping with mega-mortgages, car loans and ballooning credit card bills, are concerned about the cost of credit. ...
Holiday car hire: how to avoid the add-ons that can double your bill image
Source : Guardian [Read Article] Saturday 24th of June 2017 05:59:00 AM
.... Even with a relatively good-value deal there is the worry that when you arrive the desk will have closed for the evening, or run out of cars or given yours to someone else etc, or you will be subjected to unpleasant hard-sell tactics. And when you get home there’s the fear that money will be whipped off your credit card to pay for damage you didn’t cause or for mysterious “traffic violations”. ...
Debt bubble returns millions to days of 2008 crash image
Source : Guardian [Read Article] Saturday 17th of June 2017 11:05:51 PM
....Charities and financial advisers are calling on the government to use the Queen’s speech to address the “bubble” of unmanageable debt that households are rapidly accumulating. Unsecured consumer credit – including credit cards, car loans and payday loans – is this year expected to hit levels not seen since the 2008 financial crash. ...
UK student loan debt soars to more than £100bn image
Source : Guardian [Read Article] Thursday 15th of June 2017 11:12:28 AM
.... A strong turnout among 18- to 24-year-olds at last week’s election helped the party to win 262 seats, an increase of 30. Sebastian Burnside, a senior economist at NatWest, said student debt was rising at a faster pace than any other form of debt, and eclipsed credit card debt of £68bn. ...
General Electric says CEO Jeff Immelt is stepping down image
Source : Guardian [Read Article] Monday 12th of June 2017 12:14:10 PM
....Immelt has been at the helm of the conglomerate for 16 years, overseeing a transformation that included selling many of the company’s units. Over that time, General Electric sold its insurance, credit card, plastics and security divisions. ...
Austerity has strangled the British economy. Only Labour gets this | Joseph Stiglitz image
....The idea that government debt is a particular burden has a kind of intuitive appeal. The former Conservative chancellor George Osborne would talk about “maxing out the credit card”, so governments would have to balance the books, and couldn’t borrow. ...
How to make your holiday cash go further this summer image
Source : Daily Express [Read Article] Wednesday 7th of June 2017 07:05:00 AM
.... Check your provider’s website to see its overseas charges. Savings on the cards Work out what charges you will pay for using your debit or credit card abroad, says MoneyFacts. ...
A trip to Paris went off the rails when I needed a metro refund image
Source : Guardian [Read Article] Tuesday 6th of June 2017 06:00:15 AM
....33) for the journey from Villiers back to Charles de Gaulle. The firm has agreed to a refund but cannot process it because I no longer use the credit card I paid with. ...
Suffered BA’s weekend from hell? Find out what compensation is on offer image
....“In those circumstances consumers have found that they have had to battle with US airlines and, in some cases, have spent many months seeking compensation for delays or, indeed, cancellations; it appears, also, that it is difficult for the US regulator to secure a resolution. Often consumers are left with little choice but to seek recompense through their credit card supplier or travel insurer,” he adds. ...
BA chaos: why I’m flying the flag for the new arbitration scheme image
Source : Guardian [Read Article] Friday 2nd of June 2017 11:14:07 AM
.... He does not handle airline compensation cases on a professional basis. British Airways passengers caught up in last weekend’s chaos, who chose to book alternative flights with another airline, may be able to get their credit card company to foot the extra bill – but it’s not clear cut, according to the experts, writes Miles Brignall. ...
Dow jumps on US climate deal withdrawal image
Source : BBC [Read Article] Thursday 1st of June 2017 03:39:31 PM
....American Express shares closed 1. 7% higher after it won a bid to become the exclusive credit card issuer for Hilton - the first new deal it has signed since 2015. ...
UK policymakers face a dilemma over public's slowing demand for credit image
Source : Guardian [Read Article] Wednesday 31st of May 2017 07:17:49 PM
.... Many of the biggest, shiniest new cars zipping round UK streets would still be sitting on the garage forecourt without ultra cheap credit deals that rival mortgages for their rock-bottom rates. On the high street, shops have in recent years relied more heavily on consumers using their credit cards for big purchases. ...
Mortgage approvals at seven-month low image
Source : BBC [Read Article] Wednesday 31st of May 2017 10:05:22 AM
....Interest paid on instant access savings accounts was just above a record low. Meanwhile, the rate of growth of consumer credit - such as credit card borrowing, loans and overdrafts - remained at more than 10% a year in April. ...
BA - what are my rights?  image
Source : BBC [Read Article] Monday 29th of May 2017 02:03:20 PM
.... . Aviation expert Julian Bray adds: "Also remember if you actually paid for your fare with a credit card, then the Consumer Credit Act comes into play, and you could well get money back that way. ...
Take a break from the falling pound … you can still minimise your holiday costs image
....Spokesperson Emma Morris warns against paying upfront for petrol, as this puts the driver at risk of inflated fuel charges, and to be wary of attempts by rental firms to force people into upgrades by saying the car they ordered is not available. Paying by credit card gives the consumer some protection, says Stephanie Corbett of Comparethemarket. ...
Britons are sitting on too much debt without a financial safety net image
Source : Daily Express [Read Article] Sunday 28th of May 2017 12:01:00 AM
....”. Mortgage debt is not the only problem, with unsecured lending such as credit cards, store cards, payday loans, bank loans, student loans and car loans now at a record £13,900 per household, according to new figures from the TUC. ...
'I can't pay the rent' image
Source : BBC [Read Article] Saturday 27th of May 2017 11:07:29 PM
....Yet the rent on her small two-bedroom flat is £1,400. Even with housing benefit of £946 a month, she is still left borrowing £300 a month from her mother, as well as using credit cards. ...
Amazon's newest bricks and mortar store opens in New York image
Source : BBC [Read Article] Thursday 25th of May 2017 10:02:32 PM
....At the New York shop, which is tucked away on the third floor of one of Manhattan's most upmarket shopping malls, the company organises books into new kinds of categories, such as page turners - books that Kindle-readers finish in three days or less. She says the goal of the shop, where customers can pay by credit card or on the Amazon App, is to be "a discovery mecca for customers". ...
TUC urges government to help boost pay as debt nears record levels image
Source : Guardian [Read Article] Thursday 25th of May 2017 05:01:19 AM
....The Bank of England has also expressed its concerns about the rise in unsecured debt, announcing a review of consumer credit in its latest inflation report. Unsecured household debt includes borrowing on credit cards, store cards, payday loans, student debt and car loans. ...
TUC warns household debt will rise to £15,000 by 2020 image
Source : Daily Express [Read Article] Thursday 25th of May 2017 12:00:00 AM
....". The TUC said unsecured household debt is defined as including credit cards, student and car loans but not mortgages. ...
Debit cards set to overtake cash as most frequently used payment method in UK image
Source : Daily Express [Read Article] Thursday 25th of May 2017 12:00:00 AM
....The technology enables customers to pay for goods with a single tap of their card on a reader, without the need to provide a signature or enter their Pin. By the end of 2016, 70% of debit cards and 51% of credit cards in the UK had contactless functionality. ...
Debt fears remain despite manifesto 'breathing space' plans image
Source : BBC [Read Article] Monday 22nd of May 2017 11:24:11 PM
....There is widespread concern over the levels of personal debt among working households. The City regulator - the Financial Conduct Authority (FCA) - has warned of an acceleration in consumer borrowing, such as loans, overdrafts, credit card debt and car finance. ...
Car loans, low rates, second mortgages: all the ingredients for a new credit crunch image
.... That is the message emerging from senior executives in the financial services industry, who do not think Britain has changed that much since the 2008 credit disaster and the devastating crash that followed. Three developments lie at the heart of this disturbing analysis: spectacular growth in the sale of second mortgages, car loans and credit cards. ...
Seeing red when Delta Air debited me twice for plane tickets image
Source : Guardian [Read Article] Friday 19th of May 2017 06:00:48 AM
....I bought return flights with Delta Air to the US for my boyfriend and myself . The £1,047 cost was debited from my credit card within 24 hours. ...
$6.40 an hour for nine years: how I got stuck in a career as a Walmart employee image
....I earned around $2,000 a month after putting in a lot of hours and snatching up overtime whenever it was offered, working 11 days in a row or taking long shifts. After paying $475 for rent, $193 a month on my car, $75 per month for car insurance, utilities, phone, basic cable, food, minimum payments on my credit card debt that were over $100, taxes (single working people making over the poverty level usually do not get any tax deductions), and $230 a month for health insurance, I had little left over. ...
India's Zomato says data from 17 million users stolen image
Source : BBC [Read Article] Thursday 18th of May 2017 07:43:26 AM
....". Zomato said "no payment information or credit card data has been stolen/leaked" as they were stored in "highly secure" digital vaults. ...
Lloyds claims taxpayers have made £900m profit from bailout image
Source : Guardian [Read Article] Wednesday 17th of May 2017 07:37:15 AM
....Finalising the bill for that PPI scandal – which has already topped £17bn – and paying compensation to victims of the HBOS Reading scandal are among the issues facing Lloyds. The bank is also in the throes of taking over credit card firm MBNA which will take its share of the market to 26% and add to its financial dominance: Lloyds has a 25% share of current accounts, 22% of retail deposits and 21% of mortgages. ...
Dear John Lewis, all I want is my £155 refund … refunded image
Source : Guardian [Read Article] Wednesday 17th of May 2017 06:00:01 AM
. Can you please help John Lewis credit card to find my refund? Last October I bought some £155 stools from an online retailer and paid using my John Lewis Partnership MasterCard. ...
Lloyds reaches landmark as government sells final shares image
Source : Guardian [Read Article] Tuesday 16th of May 2017 04:45:44 PM
.... Once operating in 30 countries, it now remains in just six – leaving it open to concern that it is vulnerable to any economic slowdown in the UK caused by Brexit. Lloyds has a 25% share of UK current accounts, 22% of retail deposits and 21% of mortgages, and as a result of the takeover of credit card company MBNA it will have a 26% share of credit card lending. ...
Samsung Pay launches in UK to take on Apple Pay and Google Android Pay image
....Samsung is attempting to leverage the company’s secure smartphone system called Knox, which it says is the most secure mobile security platform available and is used by governments including the UK. It is using Knox as a way to convince users that their credit card details required for the mobile payments are secure, a similar narrative to that used by Apple when it launched Apple Pay in the UK in July 2015. ...
Banks 'must show action' in fraud cases image
Source : BBC [Read Article] Monday 15th of May 2017 11:01:27 PM
....The issue of bank transfer scams was raised by Which? last year when it submitted a "super complaint" - a legally-backed demand for a review - to the Payment Systems Regulator (PSR). Which? wanted banks to refund consumers in cases where victims had accidentally transferred money to a fraudster, similar to the protections provided on credit card transactions. ...
Debt fears grow as county court judgments soar by 35% image
Source : Guardian [Read Article] Monday 15th of May 2017 05:07:52 PM
....Anti-poverty charities have warned that the growing number of people taken to court for failing to pay their debts could worsen this year as rising inflation and slowing wage growth eat into household finances. In recent months the Bank of England, MPs and charities have warned that consumer debt levels were dangerously high, citing increases in lending from banks, car leasing companies, credit card firms and shops offering interest free-credit. ...
Number of second charge mortgages leaps to nine-year high image
Source : Guardian [Read Article] Friday 12th of May 2017 03:10:13 PM
....5%, said Alistair Hargreaves at broker John Charcol, whose second charge department has seen a “massive increase” in business over the past year. Hargreaves added that in some cases, such as where the homeowner had some adverse credit, rates could be a lot higher – around 9% to 12% – but that “you are [often] paying 20% on a credit card”. ...
Improbable sums? Cambridge graduates' tech firm raises $500m image
Source : Guardian [Read Article] Friday 12th of May 2017 08:24:58 AM
....After meeting Whitehead, a Liverpudlian who bolstered his student funds by making virtual weapons and selling them on the online virtual world of Second Life, he launched Improbable in 2012, months before graduating from university. Improbable’s early days followed a familar tech startup path: credit cards were maxed out to buy equipment and a friends and family loan got them through the first couple of years in a converted barn next door to Narula’s family home in north London. ...
US and China sign trade agreement image
Source : BBC [Read Article] Friday 12th of May 2017 07:40:22 AM
. The US and China have reached a 10-point trade deal that opens the Chinese market to US credit rating agencies and credit card companies. ...
One in three tenants borrow money to pay rent, says Shelter image
Source : Guardian [Read Article] Friday 12th of May 2017 07:01:11 AM
. More than half a million low earners have had to resort to borrowing money via credit cards, overdrafts and other sources to pay their rent during the past year, according to new figures. ...
I returned a bathroom sink to Aqva but it claims it arrived damaged image
.... Silence seems to be its strategy for suppressing customer complaints. Luckily you paid by credit card, so your best option is to claim a refund from your card issuer, who is held jointly liable for breach of contract under section 75 of the Consumer Credit Act. ...
Dell’s £720 charge doesn’t compute – we hadn’t even placed an order image
....My company made several purchases from Dell computers a couple of years back, so it had our payment details on its system. Last year our credit card statement showed a £720 payment to Dell even though we hadn’t ordered anything. ...
China's Alipay takes on Apple in US expansion image
Source : BBC [Read Article] Tuesday 9th of May 2017 07:30:05 AM
....Alipay, the Chinese digital payment giant owned by ecommerce giant Alibaba, is expanding in the US. Customers will be able to use Alipay at about 4 million businesses after a deal was signed with credit card processing service First Data. ...
Furniture shop has gone bust without delivering my Eames-style chair image
.... I was quoted 12 weeks for delivery. Now I have discovered that the firm has been placed into administration, but think my credit card company will reimburse me. ...
THESE credit cards can help YOU improve your credit rating image
Source : Daily Express [Read Article] Saturday 6th of May 2017 05:04:00 PM
....co. uk, said: “Credit repair cards might look frightening from the outset, since many charge higher interest rates than standard credit cards, but if used appropriately they really can make a difference to those hoping to borrow and build their credit score, and who are otherwise running out of options. ...
Shock chart reveals savers face 'dual onslaught' of misery wiping billions off cash pots image
.... That should always come first. "Even with other rates at record lows, many find themselves paying interest on a credit card at an average rate of 22 per cent. ...
Will your travel insurance cover you if an airline goes out of business? image
....”. He advises buyers to pay for major holiday purchases using a credit card rather than a debit card, so that they receive enhanced purchase protection through the Consumer Credit Act. ...
‘There is significant risk’ UK facing debt bubble as Britons borrow another £1.6BILLION image
....And the National Debtline said it has experienced its busiest first quarter in 2017 for years, as more people struggled to cope with financial matters. It is feared more people have been persuaded to take on debts after years of ultra low interest rates, which have led to record 0 per cent balance transfer and spending period credit cards. ...
Mortgage approvals dip for second month image
Source : BBC [Read Article] Thursday 4th of May 2017 09:49:42 AM
....5bn this year, according to insurer Legal & General. Consumer credit - such as personal loans, credit card borrowing and overdrafts - continued to grow at the rate seen in recent months, the Bank of England figures show. ...
Theresa May promised to tackle greedy bosses – instead she’s helping them | Polly Toynbee image
.... PIRC, the pensions and investments research consultants who rate company performance on behalf of shareholders, noted HSBC’s 62% drop in profits last year, and the bank has closed 62 UK branches and shifted 1,000 jobs to Paris due to Brexit. The Financial Conduct Authority rates HSBC as the second-worst bank for customer complaints about banking, credit cards and mortgages. ...
Good and bad news from an economy in uncharted territory image
Source : Guardian [Read Article] Saturday 29th of April 2017 03:00:02 PM
.... Bank of England governor Mark Carney noted that households appeared to be “entirely looking through Brexit-related uncertainties” but he suggested they were going on a borrowing binge in order to keep up spending levels. Since his words of warning, there has been more evidence that Britons are indeed increasingly turning to credit cards and personal loans. ...
No branch?  image
Source : BBC [Read Article] Thursday 27th of April 2017 11:05:04 PM
....Watch a queue of shoppers for a minute and they will be preparing to pay in very different ways. Some will pull out a debit or credit card ready to put in a reader. ...
Will Lloyds chief enjoy plain sailing or will he jump ship? | Nils Pratley image
....Under the current set-up, Lloyds’ leadership in UK retail banking is assured as far as the eye can see. It is big in all the main activities – current accounts, mortgages, retail deposits, loans to small businesses – and is filling the only obvious gap by boosting its credit card operation with the addition of the MBNA book. ...
Lloyds profits double to £1.3bn despite PPI and fraud payouts image
Source : Guardian [Read Article] Thursday 27th of April 2017 06:33:22 AM
.... There was a further £100m in unspecified misconduct charges. Horta-Osório is facing speculation that he will leave once the taxpayer stake has been completely sold but he said he was happy at the bank, which is in the throes of taking over credit card company MBNA. ...
Job opportunities image
Source : BBC [Read Article] Wednesday 26th of April 2017 11:12:43 PM
.... . Just 35% of Egyptians have access to a credit card, according to Mastercard, and more than 90% of all financial transactions are in cash. ...
Average 50-something 'OWES more in debts than they have in savings' image
Source : Daily Express [Read Article] Wednesday 26th of April 2017 12:01:00 AM
. Excluding mortgage debt, the average person aged between 50 and 59 owes £4,641 from borrowing such as credit cards loans and overdrafts, according to the research from Nationwide Financial Planning. ...
Brexit economy: living standards are falling as the snap election looms image
Source : Guardian [Read Article] Tuesday 25th of April 2017 10:38:58 AM
....Reflecting tighter household budgets, retail sales volumes suffered their biggest drop in seven years over the opening months of 2017, dragging on the overall economy rather than acting as a driver of growth as they usually do. In other signs of the strains on consumers, there has been an increase in borrowing on credit cards while a key measure of what households have available to save has hit a record low. ...
Machine learning image
Source : BBC [Read Article] Monday 24th of April 2017 11:52:29 PM
....By analysing large amounts of data and looking for patterns, activity which might not otherwise be visible to human analysts can be identified. One common application of this ability is in the fight against debit and credit card fraud. ...
Uber broke Apple’s iOS privacy rules and Tim Cook wasn't happy about it image
....Apple prevents developers from identifying specific iPhones for privacy reasons, arguing that a phone that is completely wiped and resold should have no links to its previous owner; to that end, in 2012, the company stopped allowing apps on its App Store to access information like the “Unique Device Identifier” (UDID) and similar identifying information. But in an effort to prevent a particular type of fraud in China, where scammers load up stolen credit cards to make fake rides before wiping the phone and repeating the process, Uber broke Apple’s rules, according to a New York Times profile of Kalanick. ...
Geeks v government  image
Source : BBC [Read Article] Sunday 23rd of April 2017 11:03:23 PM
.... . Without public key cryptography, anyone would be able to read your messages, see your passwords and copy your credit card details. ...
Low rates, tight margins: the mortgage market looks worryingly familiar image
....The Bank of England, which took over the regulation of banks after the crash, has said it is getting uncomfortable with the growing volume of cheap credit rolled out by the financial sector. So far it has excluded mortgages from its list of potential problem areas, preferring to focus on credit cards and car loans. ...
UK bank accounts of Iranian customers still being closed, says law firm image
....PhD student Pooya Ghoddousi, one of its founders, has also had his account closed. “I received a letter from the bank telling me that my accounts and credit card will be closed in two months. ...
UK's online shoppers top global spending survey image
Source : BBC [Read Article] Thursday 20th of April 2017 11:05:25 PM
....This was higher than Norway ($5,400), the US ($4,500) and Australia ($4,000). The association suggested the frequency of debit and credit cards and the ease of delivering items drove online buys. ...
With a whiff of sulphur, George Osborne was gone – but for how long? | Polly Toynbee image
.... He left an even worse balance-of-trade deficit and the lowest productivity among equivalent countries in a house-price-dependent economy with virtually no new housing. Britain had “maxed out its credit card”, he claimed. ...
Credit card with a fingerprint sensor revealed by Mastercard image
Source : BBC [Read Article] Thursday 20th of April 2017 06:38:17 AM
. A payment card featuring a fingerprint sensor has been unveiled by credit card provider Mastercard. ...
Financial watchdog to investigate car finance market image
Source : BBC [Read Article] Wednesday 19th of April 2017 10:47:47 AM
....That follows a report by the the Bank of England's financial policy committee this month, which highlights the risks form the rapid growth in consumer credit. It found dealership car finance has seen the fastest expansion of consumer credit in recent years, followed by credit cards and personal loans. ...
Goldman Sachs and Bank of America see profits jump image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:54:29 AM
....Bank of America, which serves some 46 million households, last year was hurt by losses related to property and the energy industry in the first quarter. Those have declined, but the firm said it saw an uptick in credit card losses from the end of 2016. ...
Financial Conduct Authority concerned over personal debt image
Source : BBC [Read Article] Tuesday 18th of April 2017 09:09:54 AM
.... . Mr Bailey said there had been a big increase in consumer borrowing, such as loans, overdrafts, credit card debt and car finance. ...
Ticketmaster accused of not doing enough to thwart touts image
Source : Guardian [Read Article] Monday 17th of April 2017 12:55:39 PM
....Efforts to curb touting have largely focused on the use of bots – automated software used to harvest tickets – a technique that Ticketmaster has taken steps to prevent. However, touts use a variety of other means to purchase tickets, including the use of multiple credit cards to bypass ticket purchase limits. ...
Tenant charged £835 … to scribble a new name on a contract image
Source : Guardian [Read Article] Saturday 15th of April 2017 06:00:17 AM
.... It was standard practice in the 1980s and 1990s for tenants to be charged a deposit equal to a month’s rent; for no reason at all (other than greed) it is now typically six weeks, and sometimes two months. There’s even a suggestion that deposits could be simply held on a credit card (the money is “blocked” but not actually taken), in much the same way car rental companies do when hiring out a vehicle. ...
Banks cracking down on lending after borrowing binge, survey finds image
Source : Guardian [Read Article] Thursday 13th of April 2017 12:53:17 PM
Is business starting to get spooked about Donald Trump? | Larry Elliott image
Source : Guardian [Read Article] Thursday 13th of April 2017 12:36:22 PM
.... Lenders sit up and take notice. The FPC’s concern is that too much unsecured lending is going on: too much credit card debt; too many payday loans; too many cars being bought on attractive-looking finance deals. ...
Uber allegedly used secret program to undermine rival Lyft image
Source : Guardian [Read Article] Thursday 13th of April 2017 12:10:45 PM
....For a long time, the company’s feud with Lyft was tied with its endless squabbles with national and local regulators as its biggest source of scandal. In 2014, the Verge alleged a plethora of techniques used to sabotage its rival, including requesting then cancelling rides using burner phones and pre-paid credit cards, as well as pitching Lyft drivers mid-trip to switch their allegiance. ...
The Crusader: Trader falls victim to debt collector trying to get back money owed image
.... . Firms that collect debts due under credit agreements, such as a personal loan, credit card or overdraft, do have to be authorised however by the Financial Conduct Authority (FCA). ...
Wells Fargo claws back another $75m from former bosses image
Source : BBC [Read Article] Monday 10th of April 2017 04:30:05 PM
....Former boss John Stumpf will give back $28m, while Carrie Tolstedt will lose share options worth $47m. Last year it emerged staff at the bank had set up two million deposit and credit card accounts in customers' names without their approval. ...

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