Exclusive: Regulator to bring in tighter controls on peer-to-peer lending

The City watchdog will today announce a new crackdown on the crowdfunding and peer-to-peer lending industry, which is expected to top £1bn by 2016.

Money alert: Credit card companies cut back on cashback

The generous 5 per cent cashback paid out by American Express for the first three months on its fee-free Platinum Cashback Everyday credit card will soon be harder to get for some. The card company will force loyal customers to spend a minimum of £4,250 a year in order to qualify for cashback from next March.

Simon Read: Campaigners tackling high-cost credit problem

Sheffield MP Paul Blomfield launched a "Charter to Stop the Payday Loan Rip-Off" in Parliament this week.

Crack down on overdraft charges, campaigners urge

A campaign has been launched today urging the Government to crack down on all forms of credit and stop banks and plastic card companies – not just payday lenders – ripping off borrowers with excessive charges.

Money Insider: Seek out heroes not zeros for a better credit card deal

Obsession with long-term, 0 per cent balance-transfer deals means that many decent, all-round credit cards get overlooked.

Simon Read: Wonga ad ban won't stop kids being exposed to its deals

A radio ad for payday lender Wonga was banned for being irresponsible. It rewrote the words to jaunty Fifties hit Mr Sandman to praise the lender for its simple loans.

Wonga advert ‘not socially responsible,’ says ASA

A radio advert for payday lender Wonga has been banned for being irresponsible.

Larger loans, borrowed over longer periods, tend to be for cars and home improvement

Personal loans: A price war makes this best time to borrow

It has never been cheaper to take out a personal loan, report Chiara Cavaglieri and Julian Knight

Julian Knight: Watchdog finally puts the bite on the payday lenders

We've been given some real action to curb the industry's excesses... but more is still needed

'My hair fell out because I couldn't cope with my debt despair'

Benefit cuts and rising prices mean that more people than ever need help with their finances, says Simon Read

New rules to clamp down on unscrupulous payday lenders

The payday loan industry was this week "given notice" to comply with tough new rules or face being closed down.

Simon Read: We need a cap on credit to curb the outrageous charges

Some 25 payday lenders have closed for business since the Office of Fair Trading launched an investigation into the sector this year.

The FCA will stop short of putting a cap on the total cost of credit

Payday loan firms let off by Watchdog, critics claim

FCA will force lenders to ensure borrowers can afford loans

The FCA will stop short of putting a cap on the total cost of credit

Payday loans: Rogue lenders face closure for ‘preying on the vulnerable’ in new crackdown

The Financial Conduct Authority today launched tough new rules to stop payday lenders preying on vulnerable people and forcing hard-up folk into serious debt problems.

Money alert: Clydesdale Bank forced to pay compensation for mortgage error

Clydesdale Bank is being forced to write to its mortgage customers again after botching the way it dealt with a previous error when it miscalculated repayments on more than 42,500 mortgages.

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