This week’s big news was the end of the deadline for new PPI complaints.
Amigo Q1 figures – their guidance on no loan growth in next year caused share pricev to halve at one point;
- Amigo – Q1 results show more complaints being upheld my article
- Amigo warns lending growth to stall ahead of anticipated regulatory crackdown FT (paywall)
Free debt advice must be properly funded Herald: A Scottish debt adviser looks at the proposals to change DAS funding and says a new funding model is needed across the sector.
Experian’s Boost to come to UK after US launch Credit Strategy: consumers can grant Experian permission to connect to their online bank accounts to identify utility and telecommunications payments. After a consumer verifies the data and confirms they want it added to their credit file, an updated score is delivered in real time.
The end of PPI:
- The PPI scandal spawned a spam empire that just won’t quit Wired: a long read on how PPI has resulted in the claims management industry.
- After PPI, what could be the next banking mis-selling scandal? FT (paywall)
- LEAVE US A-LOAN Payday loan reclaim firms ‘rip-off’ customers by taking almost HALF of refunds Sun
Think you paid the congestion charge? That could be a £160 fine anyway Guardian: Despite solid evidence that drivers have paid the £11.50 fee online in advance, they are still receiving penalty charge notices.
Torfaen mum feared losing autistic daughter over rent debt BBC: The charity Shelter estimates there are 3,000 people “blacklisted” in Wales.
Are 15-year fixed-rate mortgages a price worth paying for security? Observer: the early repayment charges (ERCs) – fees for paying off the loan too early – can be very steep.