Personal Finances Articles

The FCA Car Commission Compensation Scheme was announced on 30 March 2026. The FCA estimates that about 12 million HP & PCP agreements that started between 2007 and late 2024 may be eligible for a refund, averaging £829. Let’s look at some of the details and what you should do now. What car finances are The post Car finance commission – make a claim to the FCA scheme appeared first on Debt Camel.

A reader asked if it is OK to reduce your debt management payments when you need to? This is a common problem in Debt Management Plans (DMPs). Sometimes your income falls. Often your essential expenses go up faster than your pay does. And in Spring 2026, with many bills increasing in April and petrol prices The post “My DMP payment is too high” appeared first on Debt Camel.

Update: in March 2026, Lloyds, Halifax and MBNA (all card lenders in the Lloyds Banking Group) started sending out emails saying that card interest rates would be increased in May 2026. most of the increases are between 4.25% and 4.5% a year. If your credit card says it is increasing your interest rate, often you The post Increasing the interest on a credit card – your rights appeared first on Debt Camel.

When a lender like Next or Barclaycard slashes your credit limit, it can feel like an insult, especially when you’ve been managing your account responsibly. Here are some recent stories I have heard, and a look back at some older examples. These aren’t the only two lenders that do this! Next cutting limits This has The post Has a lender like Next or Barclaycard cut your credit limit? appeared first on Debt Camel.

The repayments on many loans and car finance are too high to be manageable so people get deeper into debt trying to repay them. When you applied, a lender should have checked a loan would be affordable for you – often they did not check properly and you should never have been given this loan. The post Affordability refunds from loans appeared first on Debt Camel.