For updated information surrounding the Coronavirus please check the government website: https://www.gov.uk/coronavirus Coronavirus: Self-employed people affected by coronavirus will receive a second payment The Chancellor has announced self-employed people whose work has been affected by the Coronavirus will be able to apply for a second taxable grant in August. The grant will cover 70% of […]
Ovo Energy to pay £8.9m for overcharging customers Regulators has made Ovo repay customers it overcharged. Customers who paid too much will receive an average of £131.20 each. Ovo is also making a payment into a voluntary redress fund to help vulnerable customers Wonga borrowers to receive only 4.3% of compensation claims People who have […]
QuickQuid, UK’s largest payday lending firm, in adminstration QuickQuid has gone into administration following compensation claims from customers who say they were mis-sold loans they could not afford. The administrator confirmed that here would be no new lending by the firm and that customers should continue to make payments as usual. Borrowers who believe they […]
Warning to keep personal details safe in shared communal mail areas Experian has said it is important that people who live in flats with shared communal mail areas should consider how their post is stored to prevent post being intercepted. Fraudsters steal personal details to apply for bank accounts, cards and loans. British Gas scam […]
Online shopping anti-fraud scheme delayed A new system to prevent online shopping fraud, due to have been introduced from September, has been delayed for 18 months. Under the system, at the point of the online checkout for purchases of £28 or more a passcode would be sent from the customer’s bank to their mobile phone. […]
Universal Credit Scams Beware of scammers claiming to be from the Department for Work and Pensions (DWP) offering ‘government loans’. They use a victim’s personal details to apply for universal credit and an advanced payment, which is paid to the person’s bank. The scammers then charge the victims for the ‘service’. The individual does not […]