The Office of Fair Trading (OFT) has fined and revoked the license of a payday lender after it failed to stop criminals taking out loans illegally on behalf of rea...
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Rising house prices is good news for homeowners and many would like to see the value of their bricks and mortar increase, writes Andy Davie of iva.co.uk....
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Payday lender Wonga has seen revenues soar to £184.7m in the last year, up 225% on 2010, as applications for loans from cash-strapped consumers surged.
Results for the Lon...
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Troubled accountancy group RSM Tenon has disposed of its Individual Voluntary Arrangements business to financial services firm Grant Thornton.
RSM Tenon, with a market ca...
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Debt management plans (DMPs) created by fee-charging companies are more likely to fail than arrangements that don’t involve a cost, according to research fro...
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Debt management firm ClearDebt has today posted a revenue rise of 18% to £9.2m, despite “disappointing” numbers of individual voluntary agre...
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2013 brings new worries for many across the country waking up to their New Yearfinancial hangover. January sales have been a huge success, however, consumer groupWhich? have r...
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Martine McCutcheon, star of Love Actually and once billed as once of Britain’s most successful soap-to-screen stars, has been declared bankrupt.
The actress...
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The Office of Fair Trading is giving the leading 50 payday lenders, accounting for 90 per cent of the payday market, 12 weeks to change their busine...
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Consumer credit firms must apply for interim permission to trade from their new regulator from the fourth quarter of this year, the Financial Services Authority...
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