Loans

loans

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…

£6,300 refund from Northern Rock anyone?

Roll up, roll up as thousands of borrowers are all set to get a very nice bonus from Northern Rock after the High Court in London ruled against them. Over 40,000 loan applicants are looking refunds after a legal test case questioned the wording in past loan documents, which means that there's going be be…

Marks & Spencer offering refund on loans?

Something is afoot at Marks & Spencer's loan department as customers having been getting money put into their accounts without much explanation. After a little digging, we found that M&S have broken the law because they didn't write to customers to inform them that they could pay their balance off early if they wanted to…

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:…

Anyone fancy a loan at 2356% APR? No? Nobody at all?

QuickQuid are on your side, right? They're all about "helping hard-working Britons across the UK find a fast and convenient solution to immediate money needs from the privacy and convenience of home". They're a modern day Robin Hood, gawd bless 'em - here to ensure you never struggle or scape by when you need a…