Loans

The financial regulator has proposed a new set of payment freezes for customers struggling to make payments on car finance deals, payday loans, buy-now-pay-later agreements and other credit products due to the coronavirus pandemic. 

Some customers of credit history-building tool Loqbox have had personal and financial data compromised after the firm was hit by a "sophisticated and complex" cyber attack.

Payday loans provider 247Moneybox has collapsed into administration and will no longer be offering loans.

Britain's biggest payday lender QuickQuid has shut its doors, leaving customers facing uncertainty and a large number of compensation claims up in the air.

Peer-to-peer lender Funding Secure has gone into administration with CG Recovery Ltd appointed as administrator – here's what you need to know.

Peer-to-peer lender Zopa has launched a new free credit-scoring tool which it says will help "demystify" lenders' decisions. But if you're thinking of taking out a loan, always do your own research to make sure you get the best rate. 

Motorists are predicted to save about £165 million a year under new proposals from the financial regulator to ban dealers from taking commission linked to the interest rate on car financing.

The financial regulator has sent a seven-page letter to peer-to-peer lending firms warning them the industry must clean up poor practices or face a "strong and rapid" crackdown.

A MoneySaver from Cheshire has claimed back over £4,000 using MoneySavingExpert.com's payday loan reclaiming tool after having her borrowing extended several times without additional checks on whether she could afford it – and she's hoping to get more cash back from other lenders.

Student loan repayment thresholds for most borrowers will rise by hundreds of pounds next April.