News

Communicate clearly and fairly, consumer credit businesses warned.

20 September 2011

The OFT is warning companies collecting consumer credit debts to make sure they communicate clearly and fairly and do not mislead consumers after a Tribunal found a business unfit to hold a consumer credit licence.

NI mortgage borrowers' negative equity warning from financial outsourcer HML.

08 September 2011

Financial outsourcer HML’s current analysis of the mortgage market has predicted that if house prices were to fall by 10%  then nearly a third of all borrowers in Northern Ireland (93,134 or 30.4%) could be trapped by negative equity.

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