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How to claim for PPI compensation on your old store card

If you were talked into having a store card before 2001, there's a good chance you may have been mis-sold PPI. However, a lot of the claims for this particular cover were thrown out too quickly, which means you might be in-line for some compensation. Some banks ditched a lot of these claims without looking…

Wonga to try out 90-day loans

Wonga - remember them? Well, they're peering out from a cloud of trouble, fines, restructuring costs, and a lot of bad press, and looking to win customers over again with some new products. They're going to start testing a 90-day loan, so people can spread costs out over longer periods, and the idea is that…

How to make a PPI claim - hurry, there's a deadline due!

If you think that you've been missold Payment Protection Insurance (PPI) and you've been lazy with regards to sorting it out, you're going to have to get a wriggle on, because the Financial Conduct Authority is thinking about putting a deadline on the whole thing. Now, you might think it is really difficult to make…

Water companies the latest to be outed for sending bogus debt collection letters

It seems no-one is safe from scam debt collection agencies. Hot on the heels of banks, energy companies and payday lenders, the latest industry group to admit inventing ominous debt chasers is the water companies, with more than half the UK's water suppliers copping to the practice.. Twelve of the UK's largest water suppliers told…

Spam SMS from loan companies - what you should (and shouldn't) do

Every couple of months we receive an email like this one from avid Bitterwallet reader Stephen. We keep receiving them because the world is still full of low-life loan companies that will do anything to take your money. So here's Stephen's dilemma, along with some background on about why businesses harass consumers with SMS messages:…