The Daily Mail’s City team take a look at the posh way banks refer to bad debts.
Category: Banks
This Is Money: How The Banks Calculate Penalty Charges
Researchers say they have exposed how big banks have turned current account penalty charges into a vast money-making machine
This Is Money: Lloyds Targets Polish Push
Lloyds TSB is recruiting Polish-speaking staff to target the fastest growing ethnic minority in Britain
This Is Money: Farepak Bank Hits Back
Bank chiefs hit out at protesters today and insisted they had done ‘the right thing’ over the collapse of the Farepak Christmas savings scheme
This Is Money: Bank Warns Of Mortgage Woe
The Bank of England will sound the alarm today over an explosion in the number of £150,000-plus mortgages
MoneyExpert: Cahoot Increases Loan Rate
Cahoot has advised its customers to move their loans to its parent company Abbey after it announced plans to increase its personal loan interest rate.
MoneyExpert: Most Online Shops Are Secure, Says Fraud Analyst
Those planning to use their credit cards to shop over the internet for Christmas presents could be interested to hear that a fraud analysis firm says the method is “fundamentally safe”.
MoneyExpert: LBS Launches Three-year Fixed-rate Mortgage
Those looking for the best mortgage rate suited to their needs could benefit from a new mortgage from Leeds Building Society (LBS).
This Is Money: NatWest Hikes Overdraft Rate
NatWest has hiked its interest rate for agreed overdrafts for the second time in the space of three months
This Is Money: Bank Rate Kept On Hold
The Bank of England has left interest rates unchanged at 5% as borrowers digest the increased costs from last month’s hike