Excess Mortgage Arrears

Monday 22nd April 2024

Over 750,000 mortgage customers who fell into arrears and were then unfairly charged twice are to receive compensation.
Last year, it was estimated that over 750,000 borrowers may have been overcharged after falling behind on their mortgage payments.
The Financial Conduct Authority have now told banks and building societies that they have until July 2018 to […]

Millions could be owed compensation for unfair car deals

Saturday 20th April 2024

A report from the Financial Conduct Authority could mean car loan companies are facing multi million pound claims from customers they have ripped off.
Complaints about car loans, known as Personal Contract Purchase deals or PCP car financing, have hit record levels and the FCA says thousands of drivers have been left owing […]