Warning over the return of sky-high loans being advertised on TV
Payday loan firms are making their comeback with TV adverts promoting high-cost loans with representative APR values of as much as 99.9%.
Source: dailymail.co.uk
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Worried about the rising cost of living?
Brits on less than £34,000 a year will pay less National Insurance than they did last year. Work out how much you may save using this simple calculator.
Source: dailymail.co.uk
List of approved Individual Savings Account (ISA) managers
Find Individual Savings Account (ISA) managers approved by HMRC from October 2014.
Source: gov.uk
Open Banking is revolutionary, but will it take off?
As of January 2021, personal and guarantor lenders in the UK can now use open banking as a better way to underwrite and analyse their customers who apply. With open banking technology, borrowers agree to giving access to their bank statements and transactions during the application process, with the hope that opting in will maximise their chances of approval. “Open banking is a safe way for you to allow trusted lenders and providers access to your personal financial data,” says David Beard of Lending Expert “Information like your income and spending habits can now be shared with lenders...
Source: accountancyage.com