Three quarters believe in a credit blacklist…it’s a MYTH! We’ve asked the experts what you should know By Rachel Wait, Financial Mail On Sunday Published: 23:45 GMT, 14 March 2020 | Updated: 23:45 GMT, 14 March 2020 Many of us know that having a good credit score is key to getting accepted for the cheapest … Read more
Germany has promised its companies the biggest economic aid package in the country’s post-war history to help them cope with the impact of COVID-19. ‘Unlimited’ credit has been offered to keep the country’s economy afloat during the ongoing coronavirus outbreak. Germany’s Finance Minister Olaf Scholz reassured businesses during a press conference alongside the Minister of Economics … Read more
Two out of five of the poorest elderly people are missing out on pension credit, but claims are likely to rise as over-75s try to keep the right to free TV licences. The take-up rate among hard-up pensioners has barely budged for years, with an estimated 1.2million families losing around £2,000 annually – or £2.5billion … Read more
People applying for credit cards with two major UK lenders have to roll the dice to check if they will be accepted, putting their credit score at risk in the process. HSBC and Tesco Bank require applicants to do a ‘hard search’ which shows up on their credit file, and can damage their credit score … Read more
You’ll soon be able to monitor credit scores with your bank app: Monzo and RBS to allow customers to check for free RBS’s feature went live on Tuesday and Monzo’s will launch at the end of March It is likely a play to improve their banking apps and attract more customers Barclays charges £5 a … Read more
Credit card customers of high street bank Halifax have reportedly been hit by charges when trying to make Klarna repayments, the buy now, pay later firm said. In a statement on its website published last week following an exclusive story from This is Money which revealed a Tesco Bank credit card customer had been charged … Read more