Mastercard has apologised for the actions of two former employees after the Payment Systems Regulator (PSR) accused the firm, along with others, of acting like a cartel
More than two million people have resorted to using high-cost credit to meet basic needs since the first lockdown, according to research from the Money Advice Trust
The Treasury is ramping up plans to accelerate financial inclusion this year, along with alternatives to high-cost credit, according to a Cabinet member’s address at Credit Strategy’s Parliamentary Briefing
Debt purchaser Lowell has posted full-year results showing its cash EBITDA stayed at just under £500m, despite a 29% fall in portfolio acquisitions to £281m
Ofgem is consulting on proposals to limit the amount of consumer credit balances suppliers can hold, which could see as much as £1.4bn going back to customers
Once breathing space takes effect it should be used selectively and not just as a tool for delay, writes Deborah Ware, chief operating officer at Financial Wellness Group - the debt solutions provider
Tracey Newton of Yorkshire Building Society discusses innovating a reward strategy to serve nearly 4,000 people, whatever stage of their life or career they are in
Once breathing space takes effect it should be used selectively and not just as a tool for delay, writes Deborah Ware, chief operating officer at Financial Wellness Group - the debt solutions provider
A campaign led by Experian has reduced the number of credit invisibles in the UK by more than 600,000. New data sources will continue to be instrumental in reducing this total further, explains Jonathan Westley
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