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Chetwood Launches World’s First Dynamic Loan

Last Friday, Chetwood Financial, a Welsh banking challenger, has launched the first so-called dynamic loan in the world, where the interest rate declines as the...

FCA Issues Warning For Payday Lenders Over Risky Loans

The Financial Conduct Authority has written a letter to the bosses of payday lending companies. The regulator was urging them to consider ‘affordability risk’...

QuickLoans.co.uk Buys Cheque Centre

Quick Loans has completed the purchase of the Cheque Centre, with the aim of relaunching the brand, it was announced today. Once the second biggest lender...

Bosses: ‘No Silver Bullet’ on Late Payments

Bosses have said that talking about Britain’s culture of late payments needs a mix of peer pressure, persistence,  and government action. “There’s no silver bullet...

Students advised to be cautious of accommodation budgets

Countless students are seen to use more than 50 percent of their student loans on accommodation, while several of them will not be having...

‘Antiquated’ student loan system means 89,000 graduates are overpaying every year

A significant number of graduates are overpaying their student loans because the "antiquated" instalment collection system can't recognise with exactness when their debt obligations...

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