Debt adviser Sara Williams, who runs the Debt Camel blog, said: “In August 2020 the Financial Conduct Authority said prolonged relending can be harmful to borrowers. And the Financial Ombudsman has been upholding 75% of affordability complaints against Provident – I estimate the average refund is about £5,000 and many are over £10,000.
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Donald Trump launches own-brand shoes after $355m fraud fine
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Former US President Donald Trump has launched his own line of Trump-branded shoes at Sneaker Con – a convention...
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More than 17 million have used buy now, pay later services
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But many charities want action to be taken sooner, arguing that many consumers could be pushed into borrowing more...
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UK inflation rises at fastest rate for 40 years as food costs jump
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With vacancies at records, unions see a one-off opportunity to increase wages, and will continue to push for double...
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Rishi Sunak’s wife to pay UK tax on overseas income
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“I think the question many people will be asking is whether it was ethical and whether it was right...
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Fujitsu: MPs seek details on public sector contracts with IT firm
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The letter, which calls for a reply within a fortnight, asks about the value of any contracts, whether they...
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737 Max: Boeing refutes new safety concerns
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Gilles Primeau, a Canadian expert in flight control systems, is also alarmed. He has previously testified to Canadian lawmakers...
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Families face debt squeeze as prices keep rising
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Prices, as measured by inflation, are currently rising at a rapid rate – the fastest since 1992. This means...
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Peloton takes another hit from TV heart attack
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That tweet, and another from the company’s global head of communications, prompted some lively replies, including that Bobby Axelrod,...
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