Interest rate

Interest rates may not rise until 2017 the Bank of England has suggested this month, but mortgage borrowers should still consider switching to a cheaper deal now, with rates near all-time lows.

Almost 4,000 borrowers are due a share of £1.7 million after CashEuroNet UK LLC, trading as QuickQuid and Pounds to Pocket, lent some customers more than they could afford to repay.

Worried former graduates whose loans are owned by Erudio have taken to our forum to raise questions about when their loans will be wiped, whether they can pay them off early, and the impact this will have on their credit files. We answer these questions below.

Millions of g raduates will pay less interest on their student loans from September, while more people with a pre-1998 mortgage-style loan will qualify to defer theirs from then too.

Interest rates could begin to rise from their historic lows at the turn of this year, the Bank of England Governor predicts.

Five million NatWest and RBS customers will be automatically moved to new accounts in January paying well below the best buys, making it a key trigger for them to seek out a better deal.

Amazon credit card customers should consider switching to another reward card, as they won't be able to earn loyalty points to spend at the e-tailer after September.

500,000 TSB customers with its Enhance current account should consider switching now, as the bank is cutting the amount of interest they can earn.