This Week Trends
Victims of fraud across the UK will be told to contact the Home Office agency Action Fraud rather than their local force from 1 April.
Further to this weeks earlier revelations, shamed payday firm Wonga, which presents itself as the “straight talking” short term loans company may now face a police investigation into their use of fake legal and debt collection letters.
The Financial Conduct Authority...
The Citizen’s Advice Bureau is calling on the Office for Fair Trading to immediately ban the payday lenders it says it has evidence of causing harm to borrowers.
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UK Economy: Double-Dip Recession Not As Deep As We Feared
Britain's double-dip recession is not as deep as previously feared after revised ...
Threshold lowered for charging orders
Creditors can now secure a debtor’s property against unsecured debts as low as £1,000 due to new regulations
Debt Collection Letter Reveals Credit Card Fraud
A mother of two splashed out almost £6,000 on a credit card she set up in the name of the previous tenant of her home, a court heard.
Debt Solution Company Directors Sentenced to Jail Time
Two company directors in Manchester have been sentenced to 21 months’ imprisonment each by Chester Crown Court for fraudulent trading at their debt solution company, Churchwood Corporate Services Limited.
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