Banks and Regulation

Why you must never reply 'stop' to a spam text message
Firms face raids and fines of up to £500,000 for sending unsolicited text messages
Changes to Credit Union rule will benefit consumers
News rules for Credit Unions will make it easier to join and pay interest on savings.
'Log Book Loans' loses its consumer credit licences
The OFT says that these two companies are unfit to hold their consumer credit licences.
OFT to stop the shady side of debt collection
OFT warns debt collectors not to pursue people who owe them money on social Facebook and
Which? reveals poor practice in payday loan market
Which? reports two payday loan lenders to the OFT after research reveals widespread...

Friday, 30/09/2011 Debt collection agency loses licence after director poses as lawyer

Friday, 30/09/2011 Government allows RBS to punish basic account holders

Friday, 30/09/2011 Debt Collector at risk of losing licence to trade

Friday, 30/09/2011 Cheque book is saved but will it be at a cost to the consumer?

Friday, 30/09/2011 

Friday, 30/09/2011 DRF positive about OFT crackdown on Debt Management Firms

Friday, 30/09/2011 Barclays to pay all PPI claims prior to 20 April 2011

Friday, 30/09/2011 High Court PPI claims – Consumers 1 v Banks 0

Friday, 30/09/2011 Four firms knocked out by OFT for misleading IVA mailings

Friday, 30/09/2011 OFT gets tough and shuts down dodgy loan websites

Friday, 30/09/2011 Pensions to be excluded as assets in Debt Relief Orders (DROs) from 6th April

Friday, 30/09/2011 Credit card borrower tortured by lender, says judge

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