Credit card customers’ fury after 500,000 accounts are taken over by little-known firm Jaja By Fiona Parker For The Daily Mail Published: 22:01 GMT, 3 November 2020 | Updated: 22:01 GMT, 3 November 2020 A little-known firm has been flooded with complaints after taking over around 500,000 credit card customers’ accounts. Post Office, Bank of … Read more
Hundreds of thousands of people still on breaks from their mortgages and unsecured debts face a potential ‘lender lottery’ from next month as blanket protections are removed. Banking body UK Finance said financially vulnerable people benefiting from 323,700 payment holidays across mortgages, credit cards and personal loans will be offered help ‘tailored to their individual … Read more
The ‘buy now, pay later’ service Klarna is to be investigated by the UK’s data protection watchdog after it sent out marketing emails to people who had never even used it before. The Information Commissioners’ Office said it was ‘making enquiries’ into the £8.22billion Swedish firm with 8.6million UK customers after receiving more than 90 … Read more
Borrowers urged to move debt to a new balance transfer credit card before best deals disappear By Amelia Murray For The Daily Mail Published: 22:00 BST, 13 October 2020 | Updated: 22:00 BST, 13 October 2020 Borrowers are being urged to move debt to a new balance transfer credit card before the best deals disappear. … Read more
Gamers left in the dark for nearly two weeks after they tried to pre-order the new Microsoft Xbox using the ‘buy now, pay later’ service Klarna have now been told if they want the console, they will have to pay for it in one go on the day of its release after all. And those … Read more
Thousands of disappointed shoppers who tried to pre-order the new Microsoft Xbox from Smyths Toys using the ‘buy now, pay later’ service Klarna last Tuesday still don’t know whether they will actually be able to purchase a console more than a week later. Eager buyers last week were subject to hard credit checks and had … Read more
Britons borrowed more on credit cards, loans and overdrafts last month compared to July and saved less, official figures revealed today, amid concerns household finances are increasingly under strain. Some £21.3billion more was borrowed by consumers in August, up from £20.9billion the month before, although repayments increased slightly, as borrowing and spending continued to return … Read more
Thousands of shoppers who tried to pre-order the latest Microsoft Xbox were left fearing for the state of their credit scores after a bungle between high street retailers and the ‘buy now, pay later’ service Klarna left them without a console but with marks on their credit files. Klarna – which has a slogan No … Read more
Google is still making thousands of pounds from unregulated advertisers mimicking legitimate charities and offering to write off people’s debts, nearly a year on from introducing new guidelines which it said would help ‘stamp out’ the practice. Charities and registered insolvency practitioners say the advertising giant ‘ignored complaints’ about misleading adverts and often took over … Read more
Credit card availability bounces back but experts warn of higher interest rates, fewer fee-free deals and the need for a good credit score Half of applicants were offered a guaranteed credit card in August by Experian These are cards which borrowers can see they are certain to be approved for This is up from 24% … Read more