One in three working families only one pay cheque away from losing their home

9th August 2016 Consumer Collections |

The study by Shelter and YouGov found that one in three families have little or no personal savings to fall back meaning that a staggering three million working families could be just one pay cheque away from losing their home. The research also revealed that a fifth of working parents face the prospect of being immediately unable to…

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Report: Banks need to set a monthly cap on unarranged charges

9th August 2016 Consumer Collections |

A report by the Competition and Markets Authority (CMA) has suggested a number of measures to ensure banks work harder for customers and the benefits of new technology are fully exploited. The report main highlights includes: Banks make £1.2 billion a year from unarranged overdraft charges. Banks will be required to send alerts to customers going…

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