Loans

Firms which offer 'buy now, pay later' deals won't be able to charge backdated interest on money that's already been repaid, under new rules the financial regulator says will come into effect from November. 

Student loan interest rates are set to drop in September. Current students from England and Wales will almost certainly see the rate drop from 6.3% to 5.4% – and many former students with outstanding loans will see their rates dip too.

The amount of interest you're paying on your student loan should become clearer, and you should be less likely to overpay, as HM Revenue & Customs and the Student Loans Company have started sharing data on a weekly basis.

Administrators for payday loan providers Juo Loans and Wage Day Advance, which collapsed in February, have admitted that customers who are owed compensation will only receive a "partial payment" for their claims.

The number of redress claims made against failed payday loans firm Wonga is "more than four times" the initial estimate given by the Financial Ombudsman Service – meaning more than 40,000 people could be out of pocket.

Payday loan and other high-cost credit firms use bright buttons, simple forms and images of happy people on their websites and apps to stop would-be borrowers dropping out of the application process, new academic research reveals.

Vulnerable customers who use rent-to-own firms will not pay more in interest than the cost of the original item from April, as part of new rules announced by the financial regulator today.    

Some car finance customers are paying more than £1,000 extra in interest charges due to certain commission incentives, the Financial Conduct Authority has said. 

CURO Transatlantic Limited, which owned payday lenders Wage Day Advance and Juo Loans, has collapsed into administration – here's what you need to know.

Government intervention may be needed to stop defunct payday lender Wonga "damaging people from beyond the grave", MP Nicky Morgan has said.