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    Really Interesting Finance News

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    Our News service is sometimes tongue in cheek but the messages and accuracy are top level. We report on things long before main stream media.

    We wanted to take 5 minutes to stop and write a little bit about how to defeat hackers and keep them away from doing harm to customer’s details. It comes in the aftermath of the fallout of the TalkTalk failures and for us to show how keeping customers details isn’t hard at all – it’s…
    It’s been in the news again, the Competition and Markets Authority have released a report claiming that customers could save up to £70 per account by switching to another bank. Yet again however the CMA is missing a key point – customers who get charged over and over again for overdrafts won’t get accepted by…
    It is really starting to worry us now that the Chancellor George Osborne is trying to emulate the failure that was Gordon Brown. Not only has the Chancellor borrowed some his failed processor’s polices but it is evident that he is starting / continuing down the gimmick road as well. Last night’s game of making…
    Thursday, 08 October 2015 03:53

    Self Employed or Just Signed Your Rights Away?

    We note from Government figures that they claim the numbers of people claiming to be Self Employed / one man companies is rising and this means that the public have so much growing confidence in the economy that they are willing to start their own businesses. This is not a view that we share; in…
    We decided to compile a list of the top 10 professions that have applied for a loan on our site in the last 12 months. Usually we don't like to give out this kind of data because it helps our competitors focus their efforts on attracting customers. On this occasion however, we are doing so…
    Sometimes our eyes are drawn to a story on a website which we would normally never visit, never mind read. Well today was one of those days and what we found left us in no doubt that some sort of clinical inbreeding program is taking place by those that contribute to one of the biggest…
    Thursday, 20 August 2015 05:29

    Peer-to-peer being held back by the FCA

    Peer-to-peer lending is expected to grow substantially within the next five years. However new lenders in the market been hampered by the FCA's ability to grant licences to new ventures. P2P finance is the future because it is very competitive and rates are often reflective of direct risks to lenders. As normal finance channels dry…
    This one is a long standing joke for us, it goes back to when Martin replied to us when we pulled out of the short term lending market last year and laid some blame to him and people like him. Again we ask - will Martin now lend to subprime customers at the rates he…
    Just as we and other lenders have always predicted, the current cap on High Cost Short Term Credit is to be relaxed. It won't be abolished but will be gradually made less effective until it is eventually meaningless. It has always been rumoured that the FCA have never really favoured an industry price cap. Documents…
    Cut the bank levy and lose Wheatley - those were the two conditions given to the Treasury by HSBC in return for staying in the UK. This week saw the Treasury finally cut Wheatley adrift and admit defeat. It's been no secret that the big financial organisations in the city of London have been at…
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    Our news service is great because it pulls no punches and doesn't allow political correctness to interfere with our views.
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