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PPI compensation could act as a lifeline for struggling consumers

As today (29th May) is the first day that the average full-time employee in Britain stops working to repay their tax bill, it has become apparent that many consumers are still repaying other debts...

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PPI compensation could help to pay off catalogue debt

A concerning number of consumers are finding it difficult to pay off catalogue debts as they are tempted by “buy now, pay later” deals. A growing number of people are finding the idea of repaying their...

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PPI can help to reduce existing credit card debt

As consumers commit to paying off their debts, credit card lending has been reduced significantly to its smallest amount since 2006. The Bank of England has released new data that shows repaying credit...

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PPI evidence continues to stack up

Evidence has been mounting over the last few years which suggests that a vast amount of payment protection insurance was being purchased by those who simply did not require it. It is also becoming...

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PPI to prevent consumers using credit in crisis

A new report has shown that since the financial crisis, more consumers are likely to turn to credit products to cover their finances. New research has revealed that more people are finding it a...

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Woman left £27,000 in debt after being charged £120 an hour for Orange...

A British holidaymaker faced £27,000 of debt after a technical blip at the mobile phone company Orange removed £120 an hour from her account for nearly a week. Anne Roberts, from Ashburton in Devon,...

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Currency firms collect an extra £720 million in rip-off fees

Travel money firms are trapping families jetting off abroad this summer into handing over a collective £720 million in rip-off fees, research has found. Converting the £27 billion British holidaymakers...

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Thousands of jobs created every day in Spring

The number of people in work rose by 201,000 between April and June, despite the fact that the economy shrank by 0.7%. The job market, apparently undeterred by the longest double-dip recession for more...

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Bank whistleblowers disclose every last detail of broken culture

A scathing report by the Financial Services Authority (FSA) last week revealed the extent to which high street banks chasing commission are consistently ripping off customers. The report showed that...

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Bogus PPI complaints delay compensation payouts for genuine claims

Increasing numbers of people are claiming for mis-sold payment protection insurance – and the amount being paid out as compensation is on the up. In 2011, over £1 billion was paid out in PPI reclaims...

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