Archive for the ‘Online Banking’ Category
Payday loans lenders face OFT penalties
Action is being taken against payday lenders who flouted rules on online advertising in the run up to Christmas.The Office of Fair Trading (OFT) found some were not checking whether customers could afford to borrow or outlining charges for going into arrears. A number were unclear about the loan terms and failed to explain the [...]
January 16, 2012
Tags: bad debts, bank lending, borrowing, consolidate debt loans, Credit Crunch, Debt Consolidation, debt management plans, sub prime loans, UK loans rates Posted in: Borrowing Costs, Credit Crunch, Debt Consolidation, Debt Management, Finance, Interest Rates, Lenders, Online Banking, Payday Loans, Sub Prime Loans, UK Loans Rates, Uncategorized 
No Comments
Payday loans debt quadrupled advisory service says
The number of people running into debt through payday loans has quadrupled in two years, according to one debt advisory service.Payday loans are small, short-term unsecured loans designed to tide people over until they get their salary. The Citizens Advice Bureau says it is too easy to obtain such credit and is calling for tighter [...]
October 17, 2011
Tags: bank lending, bankers, borrowing, Credit Crunch, debt management plans, Loan calculator, payday loans, sub prime loans Posted in: Bankers, Borrowing Costs, Credit Crunch, Finance, Interest Rates, Lenders, Loans Calculators, Loans Rates, Online Banking, Payday Loans, Sub Prime Loans, Uncategorized No Comments
UK financial firms downgraded by Moody’s credit rating agency
Moody’s has downgraded the credit rating of 12 UK financial firms including Lloyds TSB, RBS, Nationwide and Santander UK.Moody’s said it now believed the UK government was less likely to support some firms if they got into trouble. However, the firm emphasised that the downgrades did not “reflect a deterioration in the financial strength of [...]
October 14, 2011
Tags: bank lending, bankers, banks, borrowing, Credit Crunch, Loan calculator, loans Posted in: Bank Lending, Bankers, Borrowing Costs, Business Finance, Credit Crunch, Debt Consolidation, Finance, Independent Finance, Lenders, Loans Calculators, Online Banking, UK Loans Rates, Uncategorized No Comments
Debt management firms closed down by finance watchdog
The Office of Fair Trading has cancelled the licences of 62 debt management firms in the past year, after a crackdown on rogue operators.Some fee charging firms have been criticised for misleading customers about their charges and for giving incompetent advice. Others have been told to stop cold calling customers, or stop pretending to be [...]
October 5, 2011
Tags: bad debts, bank lending, bankers, consolidate debt loans, Debt Consolidation, debt management plans, finances, Loan calculator, Office Fair Trading, sub prime loans, UK loans rates Posted in: Borrowing Costs, Business Finance, Credit Crunch, Debt Consolidation, Debt Management, Finance, Financial Services, Lenders, Loans Calculators, Loans Rates, Online Banking, UK Loans Rates, Uncategorized No Comments
Computer systems disrupts Halifax and Bank of Scotland banking services
Halifax and Bank of Scotland online customers have been unable to get full access to their accounts following a major IT system upgrade.The banks had warned of disruption while they worked on a new system over the weekend. However, customers reported they still could not see all the details of their accounts when they logged [...]
September 26, 2011
Tags: bankers, banks, debt management plans, Lenders, online banking, UK loans rates Posted in: Bankers, Banks, Finance, Financial Services, Lenders, Online Banking, Uncategorized No Comments
Lloyds and RBS customers barred from using rivals’ ATMs
Customers of Lloyds TSB, NatWest and its parent, Royal Bank of Scotland, who have a “basic” current account can only use cash machines belonging to their own bank. Most current account holders can use any machine in the Link network. Basic bank accounts are aimed at people, often on low incomes, who would have difficulty [...]
September 12, 2011
Tags: bankers, cash machines, Credit Crunch, online banking, UK loans rates Posted in: Bankers, Bankrupcy, Banks, Finance, Financial Services, Online Banking, Uncategorized No Comments
Taxman apologises for poor performances at HMRC
The chairman of HM Revenue & Customs has apologised for the treatment of taxpayers after the service was attacked by a committee of MPs.Mike Clasper said: “We are not happy with our performance in 2010.” The Treasury select committee said dissatisfaction risked undermining public confidence in the tax system. The worst problems were in getting [...]
July 29, 2011
Tags: Credit Crunch, finances, recession, UK loans rates Posted in: Borrowing Costs, Credit Crunch, Finance, Online Banking, Uncategorized No Comments
Cheque use given backing by government minister
There is no “credible and coherent case” for the abolition of cheques before an alternative is fully tested, a government minister has said. The view of Mark Hoban, Financial Secretary to the Treasury, was discussed during a Treasury Committee hearing into the future of cheques. The UK Payments Council is planning to phase out cheques [...]
June 20, 2011
Tags: bankers, banks, online banking, telephone banking Posted in: Bankers, Banks, Business Finance, Lenders, Loans Calculators, Online Banking, Uncategorized No Comments
Lloyds TSB’s internet banking suffers online problems
A computer problem has led to internet banking problems for about 2,000 Lloyds TSB customers the bank has confirmed. Many were unable to log on to the internet banking site, with others unable to view all of their account details such as direct debits and standing orders. The bank said the problem came during an [...]
June 1, 2011
Tags: banks, Loan calculator, loans rates, online banking, telephone banking Posted in: Bankers, Banks, Debt Management, Lenders, Loans Calculators, Online Banking, Uncategorized One Comment
