Am I at risk from identity theft?
Over the last few years the threat of ID theft in the UK and around the world has increased dramatically with more and more people now on the radar of the fraudsters and scammers. However, the vast majority of people who may be at risk from identity theft are still unaware of problems which may await them in the future. So are you at risk of identity theft?
There is no doubt that the introduction of the Internet to many homes and businesses around the world has increased the potential market for identity theft. Each of us is just a click away from a potentially fraudulent e-mail or fraudulent contact via a website. We all need to be aware of the risks, retain control of our confidential information and ensure that we do not give information to unknown third parties.
Many of the scams appearing at the moment are financial offers and financial advice which are literally too good to be true. If you have not requested any financial advice or neither inquired about a financial product then why would you entertain anybody who cold calls you? There is no doubt that the fraudsters have taken advantage of the economic situation to maximise their potential victim base.
Red-faced Barclays shamed by BBC
Barclays faces investigation after a BBC programme revealed that the bank's sales team breached data protection rules and misled customers.BBC's Whistleblower show sent two undercover reporters to work at Barclays call centres for nine-month periods, where they claimed to have witnessed employees making sales calls to people who had requested not to be contacted, accessing client files for no vali...Read More
HBOS customers reassured over rumours
Consumers who bank with HBOS have nothing to fear from market rumours that the bank is set to collapse, a price comparison site has said. The rumours are believed to have been initially circulated by City traders attempting to profit from the resulting drop in the lender's share prices. According to Kevin Mountford, head of savings at price comparison site moneysupermarket.com, talk of an HBOS is...Read More
Do You Know How Much You Pay In Bank Charges?
While we have all seen the news about the banks being taken to court by disgruntled customers it seems that many in the UK do not actually know how much they paid in charge last month, over the last six months or the last year. Despite all of the warnings about fraud and potential mistakes at some UK banks it seems that far too many people are not prepared to do their bit. If you are charged an...Read More
Mervyn King Turns Up The Heat On Bank Compensation Scheme
Mervyn King, the governor of the Bank of England, has turned up the heat on the UK's leading banks by suggesting that they should start contributing to a new compensation fund now, rather than after the event. The new compensation fund will be used to fund any similar scenarios to the Northern Rock debacle and it is hoped it will instil confidence back into the sector.
'Packaged account holders are often losing money'
Packaged accounts frequently offer worse value for money to savers than those which provide free banking, a price comparison site has claimed. Under the terms offered by packaged account providers, savers pay a monthly fee which typically entitles them to a higher rate of interest on their money as well as benefits such as free travel insurance and gifts. However, according to Sean Gardiner, chief...Read More