Doorstep lender fined £2 million plus £169 million compensation

Vanquis credit card problem

Doorstep lender Provident Mutual has been fined £2 million by the UK’s financial regulator and ordered to repay £169 million for mis-selling on its Vanquis credit card brand. Provident is already in financial trouble having posted a £123 million loss for 2017 and they remain the subject of a second investigation into Moneybarn, their sub-prime …

Is the PPI deadline clock ticking faster for you?

Is the PPI deadline clock ticking faster for you?

The UK’s financial regulator and the country’s financial sector are spending millions of pounds trying to persuade consumers to make a PPI claim before the 2019 deadline time bars them. The £42 million multi-media advertising campaign is warning consumers not to delay in making their claim if they believe they were mis-sold payment protection insurance …