Some longstanding Virgin Money credit cardholders have been left with charges on their accounts after discovering they had only been making minimum direct debit payments.

Last year 71,000 people used an IVA to become insolvent, a record. But are they being driven by firms looking to make money off debtors looking for advice, regardless of whether it's the right choice?

Virgin Money is refunding loyal customers hit by interest charges after they unwittingly only made minimum payments on their new Virgin Atlantic credit cards.

Households are increasingly saving less and getting into more debt and a payday loan crackdown hasn't solved the problem. This is Money rounds up some of the start-ups trying to help

As many as one in three people who hold subprime credit cards with interest rates as high as 70% are in problem debt, according to a new report released by the debt charity StepChange.

A long-standing Virgin credit cardholder has accused Virgin Money of 'purposely misleading people for financial gain' after it refused to refund interest charges he incurred on his account.

While it sounds like something out of Blade Runner, a survey found some would take drastic steps to reduce the time it took to pay for their coffee.

Paying a £3,000 credit card bill over two years could cost £1,979 more in interest to an appliccant with a bad credit rating, according to data from TotallyMoney and Moneycomms.

Dave Parr, 38, rang up Three in June to ask for a phone upgrade. Because he asked for a different delivery address, they thought it was fraud and when they couldn't contact him filed a fraud marker.

Have you ever checked your credit report?  If the answer is no, the likelihood is: someone else has. We reveal five top tips for those who have never cast an eye on their financial CV.

American Express and Vitality have launched a new cashback credit card with a difference. The more exercise you do, the more you earn - up to an eye-catching 3 per cent. But is it any good?

Laura Heaps, 36, was denied a mortgage after her advisor said she had a default on her credit file. However, rating agency Equifax had mistakenly put her twin sister's historic debt on her report.

Britons paid back more on their credit cards than they borrowed in November - the first time this has happened in more than six years, according to official figures.

A large number of buy now, pay later users do not know the full implications of missing payments while a large chunk don't believe the terms and conditions are clear enough.

Britain's largest banking group, which owns Lloyds, Halifax and Bank of Scotland, spelled out changes aimed at those in 'persistent debt' for 36 months.

In an unusual case, four decades of sticking with Lloyds Bank was the main reason behind a Hertfordshire man obtaining a £12,000 mis-sold PPI payout.

The Financial Conduct Authority has told banks to help customers get out of debt, amid concerns of a potential wave of credit cards being scrapped under new rules.

Buy now, pay later has become the way for the younger generation to pay. Is it a dangerous form of credit or a useful way for shoppers to pay flexibly?

Credit card customers of high street bank Halifax have reportedly been hit by charges when trying to make Klarna repayments, the buy now, pay later firm said.

People applying for credit cards with two major UK lenders have to roll the dice to check if they will be accepted, putting their credit score at risk in the process.

Many of us know that having a good credit score is key to getting accepted for the cheapest cards, loans and mortgages but many still believe in common credit score myths.

Payment providers across the UK have upped their contactless payment limits from £30 to £45 in an effort to help customers cut down on cash usage. 

Barclaycard, Sainsbury's Bank and Tesco Bank have cut interest-free deals over the last month, some of which are the best around, as lenders evaluate their offers amid the coronavirus outbreak.

Neil Seagrave, 35, from Dorset, tried to transfer his credit card balance to HSBC at the start of March before his zero-interest term with Sainsbury's Bank expired, but this was not resolved until April.

The Bank of England's latest credit conditions survey revealed lenders believe the availability of household unsecured credit will decrease between April and June amid coronavirus.

The UK arm of Santander revealed its pre-tax profit fell 58 per cent to £114million in the first three months of 2020.

Banks and credit card providers may levy fees on refunds as well as purchases, meaning a double whammy of charges on trips hit by coronavirus.

Households paid back a whopping £3.8bn more than they borrowed in March, the biggest figure on record, as households shunned their credit cards in the face of the coronavirus crisis.

Newcomers to American Express now have more time to rack up points bonuses for their credit card spending, with the card provider doubling the length of some of its welcome offers.

Customers of Virgin Money rounded on the bank after it suspended their credit cards, despite many of them not struggling with their repayments and clearing their balance in full.

Are you investing in the things that will help make the future that you want possible? Maybe it is something that we should all at least consider.

A government needs to be able to be nimble, to cut spending where necessary and to raise money should it require.

Economics and comedy. Not a conventional pairing.But after spending a weekend at the world’s first economics and comedy festival, I can tell you they’re a match made in heaven.

Walking down the high street with friends on Saturday, we heard an elderly gentleman at a cash machine shout: ‘My card! They’ve taken my card!’

There’s little in life more frenzied than booking a hotel online. You could plan an off peak trip to the back end of nowhere and it seems there'd be an inordinate number of people looking too.

For all the confidence-boosting talk of a Boris bounce for the economy, shares, and the property market, it is the pound that tells the real story.

The financial watchdog was right to crackdown on costly daily charges and even more expensive unauthorised borrowing. Its mistake was to trust the banks and not cap rates.

Halifax's renewals team are not blessed with the ability to explain why you are being asked for an extra £59, so I made a complaint and this is what happened next.

On 23 March, things were looking about as gloomy as they could get for investors, but shares have rebounded strongly since. What next?

Hillsborough County Sheriff Chad Chronister says he believes more than one person killed Carole Baskin's second husband Don Lewis and money was likely involved as motivation.

Camila Mendes plays a kind caregiver who gets much more than she bargained for in the new trailer for Netflix's Dangerous Lies.

Netflix's Tiger King: Murder, Mayhem And Madness has gone viral in Australia.

Hannah Gadsby became a global sensation after the release of her 2018 Netflix comedy special Nanette.

Kaye Vassell, the mother to two of the singer's children, has moved to Missouri to be closer to new beau Deandra Buchanan, who is currently serving a life sentence.

She stars as Ruth Wilder in the Netflix hit comedy/drama series Glow. And Alison Brie opened up about how training for her character and the physical element of the role 'helped.'

Joe Exotic's latest husband Dillon Passage has revealed that his partner felt 'excited' after President Trump said he will 'look' at pardoning his prison sentence.

Porowski has developed the story, called Girls And Boys, alongside Black-ish creator Kenya Barris, according to The Hollywood Reporter.

US cyber security company BrandShield says it has discovered more than 600 fake web domains containing the word 'Netflix' that try to scam users by taking their payment details.

Even Chris Hemsworth is having a tough time being locked up at home with his kids. The 36-year-old actor found himself repeatedly being interrupted by one of his young sons during a virtual radio interview.

Show developer Laura Gibson has revealed that she was first inspired to create the addictive new series after re-visiting the classic Seinfeld episode "The Contest" three years ago.