Money news

Page 49

MBNA has announced plans to increase the minimum monthly repayments its five million UK cardholders must make.

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How will financial providers fare under the EU new Consumer Credit Directive?

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Current account customers at Santander could pay more in fees under a new tiered scheme.

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Natwest and the Royal Bank of Scotland are being forced to pay fines totalling £2.8m after a financial watchdog found major problems in the way they resolved customers' complaints.

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Payday loans could fund transport for London after Boris Johnson's signs deal to advertise controversial Wonga.

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Store card users will pay a price for only using their plastic for introductory offers after Santander announced a new change in their rules this week.

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MBNA has been ordered to improve its treatment of cardholders struggling to meet monthly payments.

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Lloyds has admitted to ministers that free current accounts actually cost consumers £150 a year in fees and charges.

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Energy companies have been hiking profit margins as well as prices, Ofgem says, launching inquiry.

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Those with as little as £600 in debt are being encouraged to put their homes at risk by lenders, the OFT has found.

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