Monthly Archives: August 2014
Financial Ombudsman defends borrowers against loan middlemen
Websites promoting cheap credit loans have lured in thousands of potential borrowers who thought they were applying for loans. It turns out that they were simply providing information and paying a fee to a broker…
Peterborough car dealer gets 10 years for £1m fraud
Peterborough Crown Court sentenced the owner of a Stanground car dealer to 10 years in prison. Paul Moyse of Holbeach was convicted of perpetrating a massive fraud that officials estimate cost area consumers over £1m….
Room for rent in Hendon–You must be less than .7 meters tall
Would you pay £420 per month to rent a room where you had to crawl up the stairs to get inside? Apparently one couple in Hendon was doing exactly that. The problem is that landlord Yaakov…
Universal credit to be paid 4 weeks in arrears
As Universal credit is rolled out to all districts, many recipients will be blindsided by one huge change in how their housing benefit is delivered. The change is expected to cause an increase in rent…
Honourable thief admits rent fraud in Pinxton
When a couple expecting a child paid £380 to rent a Pinxton home, they never realised that they were dealing with a fraudster. The crime, accepting rental proceeds under false pretenses is not uncommon in the…
Trussell Trust pilots financial advice at food banks
The charity behind over 400 food banks across the UK is taking an innovative approach to poverty. Through a partnership with several debt charities, a pilot program is coming to at least six food banks…
Solihull council says grant did not stop bedroom tax suicide
An unpopular bedroom tax was blamed for a West Midlands tenant’s suicide. The Solihull Council says that a grant could have offset the increase in living costs for Stephanie Bottrill. The former postal worker had…
Scots launch action plan to control payday lending
The Scottish government has announced a 12 point action plan that will be used to limit the power of payday loan companies. The purpose is to protect citizens from possible abuse.
Disabled man’s eviction notice is no match for Supreme Court
When the High Court rejected Jonathan Akerman-Livingstone’s appeal of his eviction order in 10 October 2013, it appeared that would be the end of the case. However, his fight kept on with surprising results just handed…