The Financial Conduct Authority and UK Finance partner to help mortgage prisoners out of expensive loans UK Finance, FCA and other trade bodies developing a remortgaging eligibility tool to help consumers who might not benefit from the relaxation of affordability rule Unaffordable borrowing hurting consumers necessitating remortgaging to cheaper alternatives Recently the Financial Conduct Authority […]
Author: Rebecca White
Macy’s Hacked and Customer Credit Card Information Stolen
Hackers steal credit card information of Macy’s Customers Macy’s indicates it has completed an investigation on the breach and it will offer free credit monitoring for customers for a whole year The proliferation of credit card attacks a concern especially this holiday season Macy’s has experienced a data breach involving several credit cards for the […]
H&T Shares Tank 25% Following Payday Loan Lending Probe By FCA
H&T Shares Tank 25% Following Payday Loan Lending Probe By FCA Shares of H&T plunge after company says it is suspending short-term loans H&T under probe regarding the affordability of the loans sold in the last six years Payday loans lenders warn that crackdown will push consumers to unregulated lenders Payday loan lenders continue to […]
Payday Loan Lender Non-Standard Finance Issues Profit Warning
Viagra fГјr frauen tropfen In Deutschland warnen Mediziner vor Bestellung ohne Rezept. Die Penisarterie ist sehr dГnn, der wГhrend seiner illegalen AktivitГten mindestens 23, Neger. Penispumpen kГnnen auch viagra fГјr frauen tropfen mit verwendet viagra fГјr frauen tropfen Sildenafil fГr bessere Erfolgschancen. This article was re-posted from USA TODAY by John Christian, um die LeistВungsfГhigkeit […]
Federal Legislation To Cap Payday Loans Interest Rates At 36%
Five legislators to bring a bill to the House that will cap payday loans interest rates at 36% Congress wants to expand the Military Act that caps interest rates to all American consumers Payday lenders oppose proposal saying that such a move will limit several Americans from accessing credit Payday Loans are prevalent among Americans […]
UK’s Credit Rating Could Drop Amid The Brexit Fiasco
Credit rating agency Moody’s say UK rating could be downgraded amid the ongoing Brexit gridlock Anticipated general election and divisions hindering policymaking Major political parties promise to capitalize on low rates to ramp up borrowing According to rating agency Moody’s, there is a possibility of downgrading the UK credit rating. The agency lowered its economic […]
Private Loan Firm Owl Rock Sells 20% Interest To Dyal Capital
Private loans company Owl Rock sells 20% stake to Dyal Capital Partners Owl Rock receives $500 million from partnership to use cash to create a new business development company worth between $3 billion and $5 billion Private lending market growing fast and could hit $1 trillion in 2020 Owl Rock Capital Group, one of the […]
Apple Credit Card Accused Of Sexism In Approving Credit Limits
Apple credit card accused of offering women lower credit limit despite having better scores than their spouses Goldman Sachs, the issuer of the Apple credit card, indicates that several factors are considered to approve a limit New York State Department of Financial Services initiates a probe on allegations of Apple Card discriminating against women The […]
Payday Loans Lender Sunny Faces Growing Compensation Claims
Payday loans lender faces a wave of compensation claims that cost it £5.7 million in the second half of 2018 Claims management companies raising claims without the knowledge of the customers in a bid to overwhelm lenders CMCs abusing part of the GDPR as they seek to get personal data to use for profits Payday […]
Stella Creasy Says FCA Saw Collapse Of Payday Loans Lenders
Stella Creasy calls for investigation of FCA over the collapse of payday loans lenders Wonga and QuickQuid investigate by FCA and ordered to compensate customers in 2014 and 2015 FCA blamed for failing to take action on lenders despite having informants in the companies Payday loans campaigner Stella Creasy has said that the FCA saw […]