MBNA ignored the cardholder’s request not to take out payment protection insurance Photo: PA A county court judge ruled that Lynne Thorius, 49, was charged thousands of pounds by MBNA for an insurance policy she had never asked for. The ruling could open the floodgates for millions of pounds’ worth of similar claims [ Read More → ]

Most people don’t realise that once they have split from a partner or spouse, their ex- can still have a damaging effect on your credit rating. Credit file myths explained Thousands of people are be affected by this problem, dubbed the “ex-factor” by credit [ Read More → ]

It isn’t just ex-partners that can ruin your credit rating, previous debt problems, missing a mobile phone payment, even moving house can all affect your credit score. But many people remain confused about what financial information is stored about us, and how this is used by lenders. Protect [ Read More → ]

Commerce Minister Simon Power plans to force out “incompetent and unskilled” liquidators and receivers in a bid to improve regulation of insolvency practitioners. Courts will be able to ban incompetent or delinquent practitioners from operating as liquidators, receivers and voluntary administrators, Power told a business audience in Auckland today. The proposal [ Read More → ]

The City watchdog warned financial firms “to get their house in order” over claims of mis-selling. It is taking action over controversial “single premium” PPI, where the entire policy cost is paid upfront and often added to the debt that is being taken out. Firms representing more than [ Read More → ]

After savings rates fell to a pitiful low last year, many savers have since leapt at the chance to secure more healthy rates for their savings by committing them to fixed rate deals. In fact, a new report from uSwitch.com suggests that 9 million consumers have locked away £131 billion [ Read More → ]

With the economic downturn rumbling on, new research from Simplyhealth has revealed that over a third of Britons wish they had been more responsible with money. The Bothered Britain Report, looks at how attitudes and behaviour have changed in the past year towards money and health related issues,, and what concerns [ Read More → ]

BREAKING NEWS: Boynton driver hits, kills pedestrian in suburban Lake Worth Click for story <img src=”http://www.palmbeachpost.com/custom/nospider/impl/images/clickability_envelope.gif” … Read the original article at Palmbeachpost

It’s no coincidence that HSBC should offer its lowest ever mortgage rate – 1.99pc for two years – just as official confirmation came this week that new borrowing has fallen to a record low. Lenders are having to compete harder than ever to stay in business and homebuyers [ Read More → ]

As the Citizens Advice Bureau service turns 70 today, it has revealed that record numbers of people are turning to the charity for help with recession-linked problems of job loss and debt. The new figures show that Citizens Advice Bureaux across England and Wales are dealing with an average of 9,300 [ Read More → ]