Martin Lewis has told customers of HSBC, First Direct, John Lewis or M&S who were in arrears with any of their products that they should receive letters offering £50 compensation in this story.
Read this article explaining how Barclays have been fined for poor treatment of 1.5M indebted customers.
HSBC has been ordered to pay compensation to customers who had debts between 2010 and 2019 who have been treated badly. See the full story here.
Read this article describing how scammers are using text messages to scam Halifax customers.
Read this story about plans by Barclaycard to increase the minimum payments for their cards in January 2021.
Read this article about how NatWest, suspecting fraud, froze Jacques Van Schalkwyk’s account.
Read this article explaining how banks are cutting back on granting mortgages as Coronavirus threatens a credit crunch.
Banks are planning to increase the cost of credit card borrowing in run-up to Christmas. See the full story here.
See this story about how the high-street banks are getting customers to save with them rather than National Savings and Investments (NS&I).
New FCA rules mean that Banks and Building Societies are now required to give customers and the regulating authorities notice of closures of ATMs and branches. See this story for full details.