Latest News from Money Expert

As the cost of living crisis escalates, buy now pay later (BNPL) customers have doubled their use of the payment plans just since February, leaving more than 876,000 now at risk of problem debt.BNPL...

One in five Brits feels “locked out of the financial system,” with millions rejected for bank accounts and loans and forced to borrow from family and friends or rely on high-interest credit.Among the...

Consumers weary of the paltry 0% and 0.01% paid by many high-street current accounts have been extended a lifeline by Nationwide as it resurrects the 5% rate on its FlexDirect account.From this week,...

From next year buy now pay later (BNPL) providers must conduct affordability assessments before offering customers payment splitting plans, as the sector comes under regulation for the first time.The...

The Financial Conduct Authority (FCA) has urged lenders to be more lenient with borrowers amidst the current cost of living crisis.In a letter sent on Thursday, the FCA called for wider use of...

The Financial Conduct Authority (FCA) has asked chief executives of insurance firms and brokers to sign letters of “attestation,” affirming that their company is abiding by new rules that ban price...

Under new proposals from the Financial Conduct Authority (FCA), banks will have to produce impact assessments before they close a branch’s counter service or slash its opening hours, much the same as...

Users of Santander’s credit cards can earn 1% cashback on their foreign holiday spend this summer and see a maximum of £100 returned to their wallets in September.The cashback offer runs from Monday,...

48% of adults believe that homes would be affordable to young adults if they could drop certain luxuries, such as Netflix, holidays, takeaways and mobile phone contracts. The research, - carried out...

Nearly a third (29%) of mortgage applications whose income was at or below the UK average were offered smaller loans than they requested, jeopardising their property purchase, according to the latest...