Latest News from Money Expert

Consumers will soon be able to freeze loan and credit card payments for up to three months, as part of new emergency measures announced the financial regulator in response to the coronavirus pandemic....

Two high street banks have announced new measures to help customers suffering financial and other hardships during the COVID-19 crisis. As part of a new coronavirus relief package, HSBC will allow...

Customers who pause mortgage and loan repayments due to the coronavirus epidemic won’t damage their credit scores, the UK’s three largest credit checking firms have confirmed. Under Chancellor Rishi...

Payday lenders have withdrawn new loans from markets and tightened lending criteria, in response to concerns that customers won’t be able to keep up payments during the coronavirus epidemic. ...

Barclays, Metro Bank and Nationwide will scrap fees for using overdrafts, while Lloyds, Bank of Scotland, Halifax and HSBC will extend their interest-free buffers to help customers struggling to make...

70% of Brits say they are more dependent on a good internet connection now than ever before due to the outbreak of Covid-19, according to 2,000 respondents we surveyed. Our research found that since...

Vehicles due an MOT test on or after 30 March will automatically be granted six-month extensions in order to limit visits to testing centres during the coronavirus epidemic, the Department of...

Cash use cratered in the last few days, as shops shuttered or stopped accepting cash and anxious consumers opted for contactless card payments. The amount of cash which swapped hands in the UK has...

Starting Thursday, customers with an HSBC current account will be able to spend up to £300 of their overdraft without incurring interest charges.The interest-free buffer zone is normally just £25 but...

The Bank of England cut interest rates for the second time in two weeks, to bolster the economy against the coronavirus epidemic. The latest cut, announced Thursday, took interest rates from 0.25% to...