FSA reports surge in finance complaints
For the first time ever, the Financial Services Authority (FSA) has published figures showing the number of complaints made to firms in the financial services industry in the 2006-2008 period.The data has revealed an enormous increase in complaints about banking and loan products, revealing a 122% increase – from 608,620 at the beginning of the [...]
Publ.Date : Thu, 03 Sep 2009 16:57:52 +0000

Rates soaring on personal loans
Consumers taking out a personal loan are “paying through the nose” due to soaring interest rates.Banks are now charging an average APR of 10.32% on personal loans even though the Bank of England’s base rate has been held at a record low of 0.5%.This compares to an average personal loan APR of 8.71% in 2004.“Despite [...]
Publ.Date : Tue, 25 Aug 2009 16:46:22 +0000