Half of UK adults claim to have a great credit history – but have never checked their credit report so may be overestimating their creditworthiness Many misunderstand the factors that do and don’t affect credit ratings   London, UK. 27 February 2015: One in two UK adults (47%) is an “IOU Ostrich” –  believing themselves to have a strong credit history, but burying their head in the sand when it comes to understanding the reality, running a real risk of…

– Department store is the first high street retailer outside of the Post Office to offer an International Payments service – Transfer rates offer competitive alternative to high-street banks and building societies – The only international payments service to offer refunds on charges levied by the receiving banks John Lewis has today launched an international payment service aimed at offering a competitive alternative to the leading high-street banks and building societies. The department store will become the first high street…

Financial Inclusion Commission calls for Minister for Financial Inclusion for Welsh Assembly EMBARGOED UNTIL 12:01am:London, March 11th, 2015: The Financial Inclusion Commission’s (FIC) report highlights the alarming extent of exclusion from financial services amongst millions of mainly low income families. Financial exclusion: the hard facts: Nearly 2 million adults don’t have a bank account Estimated 2 million took out a high-cost loan due to lack of access to credit 8.8 million are over indebted 13 million don’t have enough savings…