Britons struggling to repay their debts amid the coronavirus crisis could be given £500 interest-free overdrafts and get a three-month freeze on loan repayments under new proposals. The Financial Conduct Authority (FCA) is asking banks to offer anyone unable to repay their overdraft as a result of the virus outbreak £500 interest-free. Anyone hit financially … Read more
Rishi Sunak announces three month mortgage payment ‘holiday’ for any homeowner hit hard by coronavirus as the Chancellor vows to make sure people can ‘get back on their feet’ Rishi Sunak today set out a massive package of measures to combat coronavirus Anyone in ‘difficulty’ due to virus will not have to pay mortgage for … Read more
A holidaymaker was left more than £19,000 out of pocket for a week after Expedia took eight times the amount of funds he was due to be charged from his bank account. Oliver, from London, was shocked to find that his bank account and overdraft had been completely wiped out after the holiday booking site … Read more