Consumer credit rules are changing. For the better.

Benefiting consumers and genuine lenders On the 1st April 2014 the Financial Conduct Authority (FCA) took over the regulation of consumer credit from the Office of Fair Trading and is bringing in tough new rules for the market. Affecting approximately 50,000 firms, the new regulations will help the FCA to protect consumers and give them […]

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Renewed fraud strategies in the UK

When the Home Office recently announced the closure of National Fraud Authority and that is was transferring of all its activities to National Crime Agency, www.ukfraud.co.uk is asking people to commit resources and strategies that reduce the risks associated with fraud. Some of the specific actionable points include: 1. Eliminating fraud targets In NFA’s five […]

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UK identity theft hot spots revealed

A new survey by Experian has revealed that the top location in the UK for identity theft outside certain areas of London is Altrincham. The town in Cheshire has recorded 13 attempts at fraud for every 10000 adults and residents are being targeted at more than 3 times over the national average. This is in […]

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