Payday loans, short term high interest loans and door step loans are to be investigated as the Office of Fair Trading (OFT) review the high cost credit sector.

Unwanted credit card cheques are set to be banned and a new post created to help ripped-off consumers get their money back.

Here we go again...

From 2010 Companies will have to wait seven days before they can sell payment protection insurance to a customer who takes out a credit agreement.

Think twice before you secure your credit card debt on your property.

The Code of Conduct for Credit Card companies came into force on 1st Jan 2009.....

MyMoan.com are reviewing the new Code of Conduct provided to the Government this week which offers some protection to consumers regarding interest rate hikes. - more.....

The Bank of England has cut the base rate to just 2%, the lowest rate since 1951...

The Government unveiled plans yesterday which should reduce repossessions and assist people struggling to pay mortgages.

Last Week the Government Business Department Held a meeting with Credit Card Company Bosses. Little was resolved regarding Credit Card Interest Rate Hikes...

Gordon Brown is now attacking interest rate hikes by credit card companies. He has seen the average rate rise to 17.6% even though the banking base rate has decreased.

Credit Card companies may be shooting themselves in the foot by forcing customers into non-affordable situations.

Great news today as the bank of England cuts the base lending rate to just 3%. But the bank of England base rate cut will only help mortgage payers if it is passed on in full.

Are credit card companies hiking interest rates and charges to take advantage of and profit from the credit crunch?