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Wonga slammed over student loan information
15 January 2013 Online payday loan firm Wonga was forced to remove an article from its website yesterday after it caused outrage by suggesting that students should take out loans…
New regulation ‘will hinder lending’
15 January 2013 Delays and uncertainty over new financial regulations risk upending long-term investments such as new mining projects or international trade, the head of Barclays’ investment bank has warned.…
Nigerian Finance Minister’s Mother Abducted
15 january 2013 The police said Monday that they were searching for the mother of Nigeria’s finance minister after she was kidnapped on Sunday. Kamene Okonjo, 83, the mother of…
EU to shut down ‘misleading’ loan websites
15 January 2013 The EU is cracking down on loan websites after an investigation revealed that 70 per cent are operating outside the law by misleading borrowers about credit deals.…
European Finance Ministers Look to Strengthen E.U. Rules
15 january 2013 BRUSSELS — European finance ministers said Wednesday that they were counting on an agreement next week on stronger fiscal union to restore investor confidence in the euro…
Beat miserly bank returns by going social
15 January 2013 New Year always brings well-intentioned resolutions but if you’re fed up with the banks and want to find a new way to save or borrow in 2013,…
The Myth of Fixing the Libor
15 january 2013 Sometimes modern finance has a great need for something, and so bankers invent products that appear to fill that need. When it turns out that the invention…
Barnardo’s slams ‘morally bankrupt’ lending industry
15 January 2013 A fifth of poor households who borrow money end up spending 30 per cent of their weekly income on repaying debt, according to a report by Barnardo’s.…
Spotlight On: Barclaycard’s 2-year 0% deal
15 January 2013 The deal On Monday Barclaycard relaunched its 24-month 0 per cent balance transfer offer. The good points As well as no interest on balance transfers for two…
Credit unions to come in from the cold
15 January 2013 There is probably one within walking distance of your home. Your friends and relatives could have money deposited with one. But it’s one of the financial services…
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