Debt Camel Answers to questions about debts and credit ratings - in plain English!
- Car commission refunds – can more people get refunds?by Sara (Debt Camel) on November 13, 2024 at 6:31 pm
On 13 November 2024, the Financial Conduct Authority (FCA) announced: The FCA will consult on extending the time firms have to respond to consumer complaints about motor finance where a non-discretionary commission was involved, and for consumers to refer them to the Financial Ombudsman Service. This is a very rapid consultation for the FCA. It The post Car commission refunds – can more people get refunds? appeared first on Debt Camel.
- Amigo’s Scheme – June – my summary of the current situationby Sara (Debt Camel) on August 21, 2024 at 9:00 am
UPDATES Mid August 2024 And the deadlines have slipped yet again. There are just under 4,000 people still waiting for a decision, or a revised decision after winning an appeal, or a recalculation. There are also now (21 August), about 8,000 people where Amigo has wrong or missing bank details: this includes £1.7m of The post Amigo’s Scheme – June – my summary of the current situation appeared first on Debt Camel.
- HSBC pays compensation for not saying a debt was unenforceableby Sara (Debt Camel) on August 13, 2024 at 6:55 am
In 2023, Miss M asked HSBC to produce the Consumer Credit Act(CCA) agreements for her debts. If a creditor cannot produce the CCA agreement for a relevant debt, the debt is unenforceable in court and the consumer can stop paying it. The older a debt is, the less likely it is that the CCA agreement The post HSBC pays compensation for not saying a debt was unenforceable appeared first on Debt Camel.
- Does a Cifas “Victim” marker harm your credit score?by Sara (Debt Camel) on July 31, 2024 at 6:31 am
I was asked: Someone pretending to be me has tried to set up some finance. It all got stopped, no money lost and no real harm done. My concern is that the finance company is proposing to record this impersonation on Cifas, but won’t if I ask them not to. The letter makes it sound The post Does a Cifas “Victim” marker harm your credit score? appeared first on Debt Camel.
- Morses administration – what is happening to loans & refundsby Sara (Debt Camel) on July 16, 2024 at 4:33 pm
Morses Club went into administration in November 2023. Morses Club was the largest doorstep lender in the UK after Provident stopped lending in 2021. See Morses Club goes under for details about why it failed. In March 2024, the administrators have sold or written off all outstanding loans. This article looks at what has happened, what The post Morses administration – what is happening to loans & refunds appeared first on Debt Camel.
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- AAA Game Developer: Precision and Expertise for Crafting Blockbuster Gamesby Rhi Admin on November 14, 2024 at 4:34 pm
Very, very few games become what we call a “AAA” game in the world of gaming. These are the big high-budget games that major studios put into, especially known and funded studios with apparent budgets that go in the millions of funds. While AAA game developers work hard on bringing these ambitious projects to life, The post AAA Game Developer: Precision and Expertise for Crafting Blockbuster Games appeared first on The Money Shed.
- AI Trading Bots: The Future of Automated Investingby Rhi Admin on November 14, 2024 at 4:30 pm
In recent years, the world of finance and investing has undergone a significant transformation, largely driven by the rise of artificial intelligence (AI). Among the most notable innovations is the development of AI trading bots, which are reshaping how people trade stocks, cryptocurrencies, and other assets. These automated systems, powered by sophisticated algorithms and machine The post AI Trading Bots: The Future of Automated Investing appeared first on The Money Shed.
- How to Bootstrap Your Startup Without Losing Your Mindby Rhi Admin on November 14, 2024 at 10:31 am
Imagine the thrill of launching your startup from scratch, fueled by passion and a vision that keeps you awake at night. You’re filled with excitement and nagging anxiety as you realize that every dollar counts and every decision feels monumental. Many aspiring entrepreneurs share this dream, yet they often need more luxury than a hefty The post How to Bootstrap Your Startup Without Losing Your Mind appeared first on The Money Shed.
- Trading Psychology: Overcoming Fear and Greedby Rhi Admin on November 12, 2024 at 10:55 am
Trading Psychology: Overcoming Fear and Greed Understanding Trading Psychology Trading psychology plays a crucial role in the success or failure of traders. It focuses on the mental and emotional aspects of trading, highlighting how emotions can impact decision-making processes. Successful traders not only have a solid understanding of market dynamics and technical analysis but also The post Trading Psychology: Overcoming Fear and Greed appeared first on The Money Shed.
- Remote Work Trends: Tips for Balancing Work-Life in a Remote Environmentby Rhi Admin on November 7, 2024 at 9:59 am
Remote work is a new normal that has altered individuals’ perceptions of their jobs and workplaces. Employees in various organizations can be employed from the comfort of their homes due to advances in remote or a mix of working options. On the one hand, remote work is highly convenient since people save time on rather The post Remote Work Trends: Tips for Balancing Work-Life in a Remote Environment appeared first on The Money Shed.