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Watchdogs 'need to prove they protect consumers'
Four major UK regulators need to do more to prove they are offering enough protection to those who need it, spending watchdog the NAO has said. Ofwat, Ofgem, Ofcom and the FCA understand the "significant difficulties" facing consumers. But they can't prove they are effectively responding to...
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Mortgage lender targets the unemployed
Mortgage lender targets the unemployed
This is a duplicate of the Blog Entry made on: 29th July 2016 16:16
.......in a bid to bring back sub-prime 'liar loans...
Liar loans are back. Less than 10 years after the cataclysmic implosion of the western world's economy as a
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FCA and PRA to probe former HBOS managers
FCA and PRA to probe former HBOS managers
This is a duplicate of the Blog Entry made on: 31st January 2016 08:39
The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have decided to start investigations into certain former HBOS senior managers. The...
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Text plan to tackle nuisance calls on mobile phones
Text plan to tackle nuisance calls on mobile phones
This is a duplicate of the Blog Entry made on: 8th December 2015 08:08
Mobile phone users will be able to send a text to opt out of receiving marketing calls, under regulators' plans....
The development has been highlighted
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National Advice Clinic - Record Fine For Firm's Millions Of Cold Calls
National Advice Clinic - Record Fine For Firm's Millions Of Cold Calls
This is a duplicate of the Blog Entry made on: 3rd December 2015 12:13
The business is told to pay £850,000 for its "deliberate and sustained" campaign that led to thousands of complaints....
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Regulator capped mis-selling payouts
Regulator capped mis-selling payouts
This is a duplicate of the Blog Entry made on 24th July 2015 15:34.
*The Treasury lobbied financial regulators to limit compensation for business victims of mis-selling by banks, the BBC has learned. * Thousands of...
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Long-delayed report into near collapse of HBOS faces fresh hold-ups after being caught in.......
Long-delayed report into near collapse of HBOS faces fresh hold-ups after being caught in.......
This is a duplicate of the Blog Entry made on 19th May 2015 08:11.
*....in another phase of legal wrangling with disgraced former executives* The long-delayed report into the...
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CAR INSURANCE RENEWALS
Well have had Renewal Notice for car Insurance for this next 12 months, and guess as always gone up,(never gone down in 49 years of Insuring ) but not by this much = Last Year £268.00 this year £410.64, why ?????????????????// Tesco Bank by the way been with them for a few years.
They...
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The Journey So Far...
Many thanks to Niddy for this forum area for discussing the wholesale mis-calculation of credit card PPI redress offers made by MBNA over the past 2 years or so. Very briefly, it has become clear that MBNA have been using a 'non-standard' method of calculating redress due to claimants of mis-sold Payment...
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Warning over 'fake' offshore bank
Warning over 'fake' offshore bank
This is a duplicate of the Blog Entry made on 26th November 2014 13:24.
Banking regulators in Jersey have warned consumers and investors not to deal with a bank claiming to operate in the Channel Islands. Channel...
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Could 'front running' be the next banking scandal?
Could 'front running' be the next banking scandal?
This is a duplicate of the Blog Entry made on 24th September 2014 18:41.
Banking regulators are looking at the way important financial benchmarks have been calculated, amid allegations that they have been manipulated by......
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BANNED! Three more copycat websites are hit by ads regulators
BANNED! Three more copycat websites are hit by ads regulators
This is a duplicate of the Blog Entry made on 22nd September 2014 09:10.
A campaign by The Mail on Sunday to prevent people falling victim to unofficial websites charging extra fees to provide driving licences,...
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HSBC settles mortgage case with US regulators for $550m
HSBC settles mortgage case with US regulators for $550m
This is a duplicate of the Blog Entry made on 13th September 2014 20:49.
The British bank HSBC will pay $550m (£338m) to US regulators to settle claims that it mis-sold mortgage-related bonds between 2005 - 2007 to...
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Exploited & Held Prisoner By Santander Mortgage.. Help Needed Please
Hi folks, I'm in a bit of a mess with my mortgage and in need of some advice. I will try and explain the sequence of events:-
Dec 2007 - Credit crunch not yet quite hit and my wife and I move to a bigger house via a £150,000 mortgage with Santander, 5 year discount term, house...
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Wonga chased debt using fake law firms, says FCA
Wonga chased debt using fake law firms, says FCA
This is a duplicate of the Blog Entry made on 25th June 2014 13:26.
*Payday lender Wonga must pay £2.6m in compensation after sending letters from non-existent law firms to customers in arrears.* The letters...
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