|
 |
 |
UK Loan News - December 2005
Welcome to our news archive for December 2005.
-
Research reveals that not all consumers search for better financial deals when unhappy with their current deal. The oldest and poorest consumers are unlikely to dump companies they are unhappy with in order to seek better deals.
-
It is now a year after the introduction of 'M' day, when the Financial Services Authority (FSA) took over the responsibility of regulating mortgage lending. However, despite this positive and bold step, hidden clauses and added extras in mortgage contracts are still seeing borrowers being hit with extra charges, charges they can ill afford.
-
A Government watchdog has raised concerns over the way payment protection insurance (PPI) is sold to consumers, stating it could pose a "serious risk to consumers".
|
|
