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Cash in on Black Friday - by using free credit

Love it or loathe it, Black Friday weekend is looming. This is when retailers are expected to shower shoppers with juicy discounts for a few days only.




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Tandem Bank scraps 0.5% cashback card and will replace it with a premium option

Smartphone bank Tandem is axing its cashback credit card for new customers, and from January those who want to use its successor will have to pay a membership fee.




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Check you will get balance transfer deal you want before ruining your credit score 

Asking for too many balance transfer cards can damage your credit rating. Experian has launched a service that lets people enter their details online, including how much debt they want to transfer.




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Number of 0% credit cards falls in 2020 and terms shorten

There were 122 balance transfer offers in January 2017 compared to 76 today, according to figures from Moneyfacts - while the timeframe to pay back the debt has also shrunk.




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Catapillr offers work interest-free loans up to £10k to pay for childcare

With nursery costs reaching as much as £12,000 parents are finding it difficult cope. But now a new provider enables employers to give interest-free loans to parents for childcare




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Lenders hike rates on 21 different credit cards as borrowing soars 40%

Britain's debt binge has deepened - with figures last month showing credit card borrowing had surged by 40 per cent and the average family now owes £12,800 on credit cards, loans and car finance.




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Virgin Atlantic Reward credit card offering bumper bonus points

Frequent fliers after air miles towards their next holiday could take advantage of a new sign up bonus which could get them to three continents, provided they're happy to pay a fee.




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Hundreds of Saga customers receive surprise payout after platinum credit card mishap

Hundreds of customers of Saga have received an unexpected windfall following its admission that it badly handled the axeing of its popular platinum credit card last year.




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Wonga mis-selling victims to find out compensation figures in days

Almost 390,000 people who successfully complained about unaffordable loans from collapsed payday lender Wonga will soon find out their compensation.




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From slimming down debts to boosting Isas: Our wealth workout to give your finances real muscle

The average Briton wastes £640 a year on unwanted subscriptions. Nearly 12million of us have less than £100 in savings. Here is our wealth workout to help you reach peak financial fitness.




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Banks refusing to unblock credit cards in branches as customers must phone

Lloyds, Santander, Nationwide, NatWest, Virgin Money, HSBC and Barclaycard all confirmed staff cannot unblock credit cards in branch.Some banks say it must now be done by a specialist team.




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UCAS still sending out Future Finance adverts five months after backlash

The charity in charge of dealing with higher education applications is still promoting private loan companies to university students, despite criticism of the practice just five months ago.




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More borrowers expected take out loans after overdraft hikes

TSB is looking at launching a range of short-term loans aimed at families who regularly dip into their overdraft. TSB customers can currently borrow between £7,500 and £50,000.




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The instant credit craze that can leave young shoppers with bags of debt

Mature student Tamara Gray, 29, (pictured) got into financial difficulties after spending several thousand pounds on the websites Very and Shop Direct on a buy-now, pay-in-12-months basis.




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What do the FCA credit card and overdraft proposals mean for consumers?

The FCA this morning proposed banks should offer customers in financial difficulty an interest-free overdraft up to £500, and let them put credit card and loan repayments on hold for three months.




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Should you take a credit card payment holiday during coronavirus pandemic?

While borrowers make no payments for three months, card providers often still charge interest on balances during payment holidays, meaning borrowers continue to rack up interest




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Virgin Money u-turns on decision to suspend credit cards

Virgin Money apologised and reversed its decision, saying that everyone who had their card suspended will be able to use them to make purchases again from Saturday 9 May.




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The best cashback credit cards that reward your spending

Sadly the numbers of lucrative cashback and rewards cards have dwindled over recent years. But are there still any cashback credit cards worth having? We take a look.




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Why Hilton Honors has best reward credit card for spending

If you are about to buy a big ticket purchase for your home, perhaps some white goods, a new sofa or a television, then this credit card trick could earn you a big reward.




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How to perfect your credit score to get the best mortgage

Banks reserve their best lending deals for those borrowers with the highest credit scores. To give yourself the best chance of getting a top rate, make some time to tidy up your credit file.




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Loqbox claims to improve your credit rating by saving every month

Having a good credit score is vital when it comes to being accepted to borrow and getting the best rate. A new tool claims to be help improve your credit history by saving instead of spending.




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New Amex card offers enough points to get a free return flight to Greece or Marrakesh

The new Preferred Rewards Gold credit card offers Membership Rewards points when you spend which can be exchange for the same value with 12 airline schemes.




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Can I get a mortgage to move house if I have credit defaults? 

I have £40,000 of unsecured debts - £20,000 on two credit card defaults - but having never missed a mortgage payment in 12 years, is it possible to obtain a mortgage?




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118118 Money launches new credit card which charges no interest

118 118 Money has launched a new credit card with a difference, instead of fees, interest and charges you pay a monthly subscription. But it could end up costing you far more – here’s why.




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Best credit cards for cashback, airmiles and points from work expenses

Travel a lot for work? We have crunched the numbers to help you choose the most lucrative credit card offering air miles, reward points and cashback to use for work expenses




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Tandem launches new best buy overseas spending credit card

Challenger bank, Tandem has launched a new best-buy credit card offering those without a perfect credit rating free holiday spending and cash withdrawals. We take a look.




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Virgin Money credit card customers hit by charges thanks to minimum payment default

Some longstanding Virgin Money credit cardholders have been left with charges on their accounts after discovering they had only been making minimum direct debit payments.




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Virgin Money customers hit with credit card interest charges will be refunded

Virgin Money is refunding loyal customers hit by interest charges after they unwittingly only made minimum payments on their new Virgin Atlantic credit cards.




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Hastee Pay and Creditspring: two companies trying to solve Britain’s high-cost credit crisis 

Households are increasingly saving less and getting into more debt and a payday loan crackdown hasn't solved the problem. This is Money rounds up some of the start-ups trying to help




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More than two-thirds would have second thoughts about dating someone in debt

Nearly three quarters of women said they'd think twice about someone if they debts, compared to 69 per cent of men, according to research from comparison website Finder.




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NatWest re-enters 0% balance transfer market after 5 year absence

High street giant NatWest denied it was reneging on a five year old pledge to no longer offer 0 per cent balance transfer credit cards to customers, as it announced today it was re-entering the market




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StepChange find 1 in 3 holders of high interest subprime credit cards are in problem debt

As many as one in three people who hold subprime credit cards with interest rates as high as 70% are in problem debt, according to a new report released by the debt charity StepChange.




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Virgin Money agreed to refund some credit cardholders but wouldn't give me back my £200

A long-standing Virgin credit cardholder has accused Virgin Money of 'purposely misleading people for financial gain' after it refused to refund interest charges he incurred on his account.




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Future Finance offers loans to students that could leave you paying back double

Future Finance does recommend students go through Student Finance first, but the cost of repayments should be a red flag for any students considering this option.




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Five credit ratings myths busted: We reveal the true cost of a poor credit score

Paying a £3,000 credit card bill over two years could cost £1,979 more in interest to an appliccant with a bad credit rating, according to data from TotallyMoney and Moneycomms.




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How much gold is really in your £18,750 18 carat Raris debit card?

The Royal Mint announced it has teamed up with card providers Mastercard and Accomplish Financial to create 'Raris', aimed at high net worth individuals after something exclusive.




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Five top tips when checking your credit report for the first time

Have you ever checked your credit report?  If the answer is no, the likelihood is: someone else has. We reveal five top tips for those who have never cast an eye on their financial CV.




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Amex launches new credit card with Vitality offering 3% cashback back to stay active

American Express and Vitality have launched a new cashback credit card with a difference. The more exercise you do, the more you earn - up to an eye-catching 3 per cent. But is it any good?




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Equifax put my twin sister's bad debt on my credit report

Laura Heaps, 36, was denied a mortgage after her advisor said she had a default on her credit file. However, rating agency Equifax had mistakenly put her twin sister's historic debt on her report.




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Credit card borrowing fell in November for the first time since July 2013

Britons paid back more on their credit cards than they borrowed in November - the first time this has happened in more than six years, according to official figures.




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Can using buy now, pay later hurt my credit score?

A large number of buy now, pay later users do not know the full implications of missing payments while a large chunk don't believe the terms and conditions are clear enough.




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Lloyds Banking Group credit card customers could have cards cancelled in February

Britain's largest banking group, which owns Lloyds, Halifax and Bank of Scotland, spelled out changes aimed at those in 'persistent debt' for 36 months.




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FCA: Banks must help customers in debt and not cancel their credit cards

The Financial Conduct Authority has told banks to help customers get out of debt, amid concerns of a potential wave of credit cards being scrapped under new rules.




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UCAS says it'll stop advertising private loans after Future Finance criticism

UCAS will stop sending out emails advertising private student loan provider Future Finance, the student charity announced today, following a backlash over the promotions




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Could buy now pay later and Klarna kill the credit card?

Buy now, pay later has become the way for the younger generation to pay. Is it a dangerous form of credit or a useful way for shoppers to pay flexibly?




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Why did a 'fee-free' Klarna purchase of a vacuum cleaner land me with a £2.65 charge?

A shopper who used buy now, pay later service Klarna to pay for a £199 vacuum cleaner in three 'interest-free' instalments was left confused after he was charged an extra 4.5%.




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Will you be charged a fee for using credit card to pay back Klarna?

Credit card customers of high street bank Halifax have reportedly been hit by charges when trying to make Klarna repayments, the buy now, pay later firm said.




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HSBC and Tesco Bank don't offer credit card soft searching

People applying for credit cards with two major UK lenders have to roll the dice to check if they will be accepted, putting their credit score at risk in the process.




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Three quarters believe in a credit blacklist...it's a MYTH!

Many of us know that having a good credit score is key to getting accepted for the cheapest cards, loans and mortgages but many still believe in common credit score myths.




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GEORGE NIXON: Could handing out more debt make our finances even worse?

The UK economy is built on spending, often fuelled by debt - credit cards, personal loans, car finance. We don't want to shrink it, only keep it manageable; and keep the Jenga tower from falling.