Payday lenders are being told to proactively compensate former customers, even if it threatens the company with bankruptcy. The regulator is setting out how firms should respond to a surge in complaints over unaffordable lending. It comes after the collapse of Wonga in August, the payday lender famous for its extortionate interest […]
All-inclusive resorts have been a firm favourite of holidaymakers for generations. The convenience an all-inclusive resort can offer is very appealing to many, especially families. Having everything readily available to you, under one roof and, for a fixed price, is a big plus for holidaymakers. In addition to this, the facilities are […]
Timeshare Resort Under Fire For Not Paying Taxes.
A large timeshare company based in India is under the spotlight for allegedly not paying their taxes to the department of Excise and Taxation. Officials at the Indian department have accused the timeshare resort of not paying their taxes in the state where their head […]
The Financial Conduct Authority announced back in 2017 that they were investigating the motor financing industry, to ensure that consumers were not being caused harm, to understand how finance products were sold and, to see if the market is functioning as well as it could be. In March, the FCA published an […]
Action Fraud, The Financial Conduct Authority and Government ministers have all warned of the dangers of cryptocurrency and how dangerous the lack of regulation in the market is. Statistics released by Action Fraud show that in June and July, victims reported losing an average of £10,000 per person, with 203 reports made […]
Wyndham Vacation Rentals celebrates the opening of Waikiki Village in Myrtle Beach, South Carolina, USA. This marks the 10th property in the Myrtle Beach area alone.
Wyndham hotel group is an American hospitality company. It is the holding company for RCI and other lodging brands such as Oceana Resorts. It is composed of […]
Have IVA’s been mis-sold ?
Thousands of people may have been mis-sold debt repayment plans which were too expensive and could be due compensation. An industry regulator has found that some customers were given inadequate debt advice and charged large fees by firms offering IVA’s (Individual Voluntary Agreements).
An individual voluntary arrangement (IVA) is a formal […]
Judson Phillips has been struck off by the American Bar Association following his involvement in a timeshare scam, which Westgate Resorts and its affiliates vigorously tried to shut down. Phillips has been somewhat of a controversial figure since he founded the Tea Party Nation in 2009. The Tea Party Nation is a […]
New figures released from the City of London Police Insurance Fraud Enforcement Department reveals that 17-24 year olds are extremely susceptible to fraudsters selling fake car insurance known as ‘Ghost Brokers’.
The figures show that from November 2014 – July 2018, the majority of reports received by Action Fraud have come from 17-24 […]
A new report states that £500 Million has been stolen from customers of British banks in the first half of 2018 alone.
Industry group UK Finance says £145 Million of the stolen amount was due to APP scams, or Authorised Push Payments. APP crime is the fastest growing type of crime and these […]
You are able to pursue a claim yourself to the Financial Ombudsman Service without incurring a fee
