Tag: loans

Should young people lower their expectations?

by , Campaigns and Community Producer Money 9 May 2013
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Young person in debt

When you’re young it’s easy to assume that, eventually, you’ll get a job and earn good money. But new research has found that instead, high debt and reliance on parents is becoming the new ‘normal’. (more about young people in debt...)

3 people have joined in this Conversation

Are ads for ‘dead fast cash’ irresponsible?

by , Principal Policy Adviser Money 8 May 2013
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Kerry Katona

Given her history, Kerry Katona seems an odd choice to front a marketing campaign for a payday loans company. And it seems the advertising watchdog agrees, as it has deemed the Cash Lady TV ads ‘irresponsible’. (more about payday loan adverts...)

4 people have joined in this Conversation

How can struggling students budget better?

by , University Editorial Assistant Money 12 March 2013
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A plate of baked beans on toast

Student loans and grants will only rise by 1% in 2014/15 – less than the rate of inflation. But our research shows some students are struggling with living costs - so how can students make their money go further? (more about making money go further...)

2 people have joined in this Conversation

The OFT: payday lenders must change

by , OFT's Director of Consumer Credit Money 8 March 2013
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Bank note with the Queen's eyes highlighted

The OFT’s review of payday loan companies uncovered evidence of widespread irresponsible lending. The OFT’s David Fisher explains why it has given 50 payday lenders 12 weeks to change their business practices. (more about payday lenders...)

3 people have joined in this Conversation

How do credit companies get away with it?

by , Principal Policy Adviser Money 4 March 2013
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A man trapped by credit

High-cost credit often grabs headlines, but many mainstream lenders also have products designed to cash-in on peoples’ mistakes and desperation. The new regulator must clamp down on irresponsible lending. (more on high-cost credit traps...)

7 people have joined in this Conversation

Better savings rates without the risk – a rival to the banks?

by , Money Researcher Money 31 January 2013
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A pile of coins

Investing money with peer-to-peer lending sites has always had risk attached. Although rates of return can tower above traditional savings accounts and Isas, your money hasn't been protected - until now. (more about peer-to-peer lending sites...)

4 people have joined in this Conversation

Why do we regret taking out payday loans?

by , Campaigns and Community Producer Money 8 November 2012
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A man turning out his empty pockets

Payday lenders often come under fire for their money lending practices, so we decided to ask people about their experiences with payday loans. Have you ever taken a payday loan and lived to regret it? (more about payday loans...)

5 people have joined in this Conversation

Debt advice: you can get something for nothing

by , Principal Policy Adviser Money 6 November 2012
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A pencil rubbing out the word 'debt'

Half of people who pay fees for debt management plans don't know they can set up these plans for free. Worse still, research has found that plans set up by fee-charging companies are more likely to fail than free ones. (more about free debt advice...)

4 people have joined in this Conversation

Bad debt? Selling high-interest loans on the doorstep

by , Campaigns Assistant Money 2 October 2012
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Hand knocking on door

You might have tuned into ‘Debt on the Doorstep’ on BBC Panorama last night. One provider was shown selling high-interest loans to a woman with schizophrenia. Isn’t it time for better regulation of loan companies? (more about doorstep lending...)

4 people have joined in this Conversation

Could solar panels put your mortgage at risk?

by , Money Researcher Money 29 May 2012
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Solar panels

Solar panels are often subject to heated debate, with many arguing over whether they're value for money. And to add fuel to the fire, our research has found that solar panels can create issues for mortgage lenders too. (more about solar panels and mortgages...)

3 people have joined in this Conversation

Payday loans – the quick fix that could spiral out of control

by , Policy Research Assistant Money 18 May 2012
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Money in mousetrap

Need some dosh, wonga or moolah? If this doesn’t mean anything to you, you’re probably not one of the 1.2 million Brits who took out a payday loan in the past year. And there are very good reasons why you shouldn’t… (more about payday loans...)

8 people have joined in this Conversation

Students won’t be punished for early repayments – hoorah!

by , Policy Research Assistant Money 23 February 2012
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Graduate celebration

Good news for those who plan to pay off their student debt early. Last year we wrote to the Universities Minister to challenge plans to penalise early repayments. It looks like the government now agrees with us. (more about student loan repayments...)

3 people have joined in this Conversation

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