The Competition and Markets Authority (CMA) is consulting on its provisional decision to launch a formal investigation into UK banks. In other words, the CMA wants to increase competition in banking to better meet the needs of
See what options exist in the current accounts market for people with bad credit
It’s hard to get by without a bank account these days, as it’s the main hub for receiving your income and making payments – but if you’ve got a bad credit rating, you may find it tough to get one.
David Cameron is to argue that England's national day has for too long been overlooked, in a St Georges day message that is calculated to woo Ukip voters while avoiding alienating Scots. With the flag of St George due to fly above
Three million adults across Britain do not have a bank account, according to research.
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UK - April 2014 - AI Investments Limited offers creative innovative financial solutions to clients both professional and private. Their latest venture sees the launch of “MoneyMona” where their e-current accounts and Debit Cards are an interesting and imaginative prepaid alternative to how you manage your day to day finances away from the main stream high street banks and providers. Personal financial services are now often bogged down in detailed identity checking and credit references. One of the unique features of MoneyMona is that the service requires just basic identity checks and no credit checks. MoneyMona (www.moneymona.com) part of the AI Investments Ltd group of companies was established with the intention to fill the void left in the high street banking market which is often seen to be both inflexible and lacking in imagination. In offering prepaid services to a wider market place without the onerous task of credit checks, the aim is to make finance and banking a level playing field. Easy To Use Clients can use their MoneyMona card worldwide, at over 24 million merchants that accept Visa and at more than one million ATMs. Not only convenient for both in store and online and additional cards can be made available to friends or family members- valuable to those who send money to family abroad on a regular basis or for parents supporting their children at university. Moneymona services enable clients to use all of the mainstream tools that sometimes would not be available to clients with previous credit issues. AI Investments Limited already offers Foreign exchange services through www.moneymofx.com a fully authorised and regulated provider of International payments. Their ongoing aim is to be adding to our services and products of which our ground breaking Peer to Peer service shows we think out of the box when it comes to financial services. To find out more check out: Twitter @moneymona |
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High street student bank accounts are usually only available to full-time higher education students, so if you’re in further education (post-compulsory education at pre-degree level) you may not be eligible.
There are a variety of reasons why you may be rejected for a standard bank account, which could include missed bill payments in your past, not being on the electoral roll, or having CCJs against your name all of which will give you a
The UK economy is still growing strongly, but not at the pace seen in recent months, the Confederation of British Industry (CBI) says. The group said its growth indicator for March showed the economy growing at its slowest rate in eight months. But the CBI said growth remains above average, as the recovery in the UK economy continues to do well.
Fully understanding where your money goes, when, and in what amounts can be critical to taking control of your personal finances. Personally, I choose a simple Excel spreadsheet upon which to track my expenses, but really, the
Around half of us now manage our money online. These days you don't even need to be at a computer to manage your accounts, you can do it through your smartphone. Banking applications allow you to pay bills, transfer
The Moneymona Account and Visa Debit Card is an electronic money product issued by Contis Financial Services Ltd who is authorised by the Financial Conduct Authority to issue e-money (Firm Reference Number 900025). Although it is a product regulated by the Financial Conduct Authority, it is not covered by the Financial Services Compensation Scheme. We ensure that any funds received by you are held in a segregated account so that in the unlikely event that Contis Financial Services Ltd becomes insolvent your funds will be protected against claims made by creditors.