Loan shark teams to hunt down illegal lenders in credit shake-up
Teams of loan shark "hunters" will be dispatched to deprived communities to bring to book illegal money lenders as part of a shake-up of credit laws, the government said ...
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Government squares up to exploitative lenders
Consumer bodies have welcomed the government's plans to crack down on unscrupulous lenders, announced in today's consumer credit white paper.
The proposals include usin...
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Fighting rising tide of fraud
Do you feel as if everyone you know has been affected by credit card or bank account fraud? It's not surprising - you have a one in three chance of being the victim of a ...
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Two forgeries, two banks, but only one happy outcome
I have recently been stung twice by fraudsters using forged cheques - but the way the two financial institutions involved dealt with the problem contrasted sharply. This ...
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Soaring debt needs tighter credit checks
Tomorrow, the Government will announce the biggest shake-up in the regulation of credit in 30 years. Timed to coincide with the Christmas spending binge, it will aim to t...
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We don't like expensive fixes
Borrowers who lock into a fixed rate now - in the hope of beating future rate rises -will effectively be locking into a deal that has already factored in these rises.
T...
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Queen's speech: child trust funds
The Queen announced the introduction of a bill that will "provide all children born from September 2002 with a child trust fund with an initial endowment from the governm...
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Queen's speech: key personal finance issues
Pensions bill
The Queen announced legislation aimed at encouraging employers to provide good quality pensions and individuals to save more effectively for their retirem...
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New CSA computer system fails to deliver
Tens of thousands of single parents are facing chronic delays in support payments because of the latest problems to hit a new government computer system.
Official figure...
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Dabbling in the Black arts
The Company is indebted to RMI as a consequence of the sale of NP Holdings Company and its related tax losses to RMI on July 3, 2002. Prior to the sale, NP Holdings had n...
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