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Covid-19 pay freezes on UK loans and credit cards start today

1 month ago   |   By The Guardian

FCA rules designed to give consumers ‘breathing space' will also be extended next week Coronavirus - latest updates See all our coronavirus coverage Payment freezes on loans and credit cards for people struggling with debt, plus easier overdrafts, will begin on Thursday after an emergency package of “breathing space” measures was formally introduced by the Financial Conduct Authority. From 14 April, the rules will extend to other forms of credit - such as store cards and catalogue credit - with the regulator promising to add support for car financing to its temporary measures next week.
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Covid-19 hits consumers hard as 59% of people see a reduction in available credit

Covid-19 hits consumers hard as 59% of people see a reduction in available credit

1 month ago   |   By TechRadar

ClearScore has revealed data that shows the true cost of Covid-19 on the country's credit landscape. UK consumers have seen an average 59% reduction in available credit offers across credit cards and loans, with self-employed and part-time workers hardest hit. The data also shows that consumers who have linked their accounts with open banking have seen a 39.4% increase in credit available to them versus comparable users in March 2020. ClearScore has launched a new initiative to encourage users to provide real-time access to their bank account data in exchange for better credit options...
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PS5 gameplay reveal event set for June 4 will be postponed

PS5 gameplay reveal event set for June 4 will be postponed

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Apple Watch sale: the all-new Apple Watch 5 gets a $100 price cut at Amazon

Apple Watch sale: the all-new Apple Watch 5 gets a $100 price cut at Amazon

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The best HTC U11 deals in June 2020

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The Last of Us Part II will finally hit stores on Friday 19 June, so PS4 gamers will soon be able to get their hands on perhaps the most important game of this console... Read more ...

The best iPhone 7 Plus deals and UK contracts in June 2020

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This plus sized iPhone from Apple was launched alongside the iPhone 7 in September 2016. Until the iPhone X landed, we thought it was the best iPhone on the market, with big... Read more ...

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UFC 250 live stream: how to watch Nunes vs Spencer online from anywhere

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The best cheap gaming mouse deals in June 2020

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NASA Astronauts Successfully Dock SpaceX Crew Dragon at ISS

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