Tag: pay
New protections for “Buy now, pay later” customers.
Customers using ‘buy now, pay later’ loans will benefit from greater protections from this summer, when these schemes are first regulated by the Financial Conduct Authority. The new protections are designed to raise consumer awareness of these loans and prevent irresponsible lending practices. So-called “BNPL” schemes have become increasingly popular in PakarPBN A Private Blog…
Read MoreWhat can you do if you can’t pay your mortgage?
Rising living costs have meant many people’s finances are under pressure, with some worried about how they will cover their mortgage repayments in the months ahead. The 14 interest rate rises implemented by the Bank of England since 2021 have made many people more worried about their financial situation. While interest rates have reduced twice…
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Should I use equity release to pay off my mortgage?
Harriet Meyer is an award-winning freelance financial journalist with more than 20 years of experience writing about personal finance for newspapers, consumer websites and magazines. Previously, she worked as editor of the Observer’s Cash section and was part of the Daily Telegraph’s Money team. She also worked as a BBC producer on radio programs such…
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