More than half of young shoppers have bought items online with the credit option unknowingly

• Charity Citizens Advice surveyed 2,700 BNPL users
• Checkout credit borrowers are likelier to be 18-34-year-olds
• Popularity among younger borrowers has spurred fears it is too easy for these people to

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When I took a loan out with a credit union. They mentioned that if I ever fell into arrears that they would obtain an attachment to my benefits to recover the loan. I am going to be defaulting on the loan in the nest couple of months it looks like and was just wondering if they can really do this for...

Hi everyone,

It's been a while since I last posted here, mum's been v ill and I haven't been able to participate in forums like I used to!

I am hoping someone can help me. I had some debt written off in 2011 due to severe ill health (before write off I was on debt management...

Retailers form credit union to thwart payday lenders

This is a duplicate of the Blog Entry made on 2nd June 2014 14:34.

Some of the UK’s major high street names are in the process of forming a credit union to offer staff a cheaper alternative to payday lenders....
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Hi, anyone got any idea on how this might work? I don't have much debt, just a bit on credit card and overdraft amounting to about £4,000 but my income is sporadic and I've often found myself going over my limits and getting charges - as time goes on this is increasingly happening. I also would prefer...

Payday lenders forced to pay millions in tax to fund credit unions

This is a duplicate of the Blog Entry made on 17th October 2013 13:47.

*........under Labour plans* * Labour is calling for a cap on sky-high interest rates * Miliband claims tax would double £13million...

Credit union liquidated amid investigations

This is a duplicate of the Blog Entry made on 18th July 2013 14:43.

A credit union has been liquidated amid concerns reported to the authorities which are being investigated. South Birmingham Community Credit Union...

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Credit union liquidated amid investigations

This is a duplicate of the Blog Entry made on 18th July 2013 14:43.

A credit union has been liquidated amid concerns reported to the authorities which are being investigated. South Birmingham Community Credit Union...

...

Just had a letter forwarded to me from my old address. It's from Barclays, threatening a CCJ over an amount that is below £1,000.

This account had an agreed £1,000 overdraft limit on it for over a decade and obviously this amount was within that limit.

A few months ago, Barclays...

Credit union expansion to force out payday lenders

This is a duplicate of the Blog Entry made on 7th May 2013 17:16.

*More than 30 credit unions have teamed up to offer an alternative to payday lenders in a "landmark" expansion drive which will save consumers...

Marches Credit Union Limited goes into liquidation

This is a duplicate of the Blog Entry made on 23rd April 2013 10:40.

*Herefordshire-based Marches Credit Union Limited has gone into liquidation following an order issued by the High Court.* However, members of the......

Ahoy all,

Been away for a while (have popped in every so often) after this place made me virtually debt free in 12 months, but now I'm back.

Background. I no longer bank with the high street banks, my Current Account is with a Credit Union (technically underwritten by Co-op...

Credit union lottery scam warning

This is a duplicate of the Blog Entry made on 7th January 2013 18:15.

ABCUL is warning credit union members not to respond to scam emails informing them they have won prizes in a national credit union lottery which does...

Click...

Reverend banned from financial services after using credit union he founded to issue unlawful loans

This is a duplicate of the Blog Entry made on 12th November 2012 18:33.

A South London Pentecostal Reverend used the credit union he founded to issue unlawful loans to a church,...

Credit Union seeks automated ID checks in response to surge in credit applications

This is a duplicate of the Blog Entry made on 27th July 2012 17:53.

Neath Port Talbot Credit Union is using GB Group’s ID Verification (IDV) solution as part of a move to automate its customer...