Loans and Finance

Loans and Finance

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News and information about loans, money, debt, finance and business issues.
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Wednesday, April 24, 2019

Apply Here To Become Governor of The Bank of England

Search For Replacement To Carney

Tuesday, April 23, 2019

Sanctions 'R Us

Call me old fashioned, but I am of the view that sanctions can be overused to the point where they harm the country imposing them.

Thursday, April 11, 2019

A London Bridge is Falling Down!

Tuesday, April 09, 2019

Trump Threatens To Impose $11BN Tariffs On Europe

The US is threatening to impose $11bn of tariffs on EU aircraft, cheese and wine in retaliation against Airbus subsidies.

Let's see how this goes then!

Wednesday, April 03, 2019

Little Compensation for WageDay Advance Borrowers

The BBC reports that hundreds of thousands of people who were mis-sold payday loans will receive a fraction of the compensation they are entitled to after WageDay Advance collapsed.

The company had given loans to about 800,000 people but went into administration earlier this year.

In a case that mirrors the demise of Wonga, the company folded after being hit by a wave of compensation claims for mis-sold loans.

Customers are now receiving emails to explain how much they owe or are owed.

However, now the company is in administration, those who have paid off loans but are entitled to compensation have become unsecured creditors. They can only expect a fraction of the full compensation payout.

Flybe Cancels Flights