Car credit insurance

BBC Radio 4’s Money Box was broadcast on Saturday, 6 December, 2003.

The programme was repeated on Sunday, 7 December, 2003 at 2102 GMT.

Endowment

The Consumers Association has renewed its call for further investigations into firms who may have been involved in endowment mis-selling.

On Tuesday, John Tiner of the Financial Services Authority (FSA), admitted that the endowment mis-selling problem was widespread.

We were joined by Louise Hanson of the Consumers Association and Alan Leaman of the Association of British Insurers.

Related pages:

Unlocking pensions

Concerns are growing that some firms may be people to take early pensions without fully explaining the risks of doing so.

The FSA has written to advisors and companies who advertise this widely in the media, and cautioned them about inappropriate advertising.

We were joined by David Kenmir of the Financial Services Authority (FSA) to discuss the problem and the action it has taken.

Full story:

Credit card problems

Hundreds of people shopping for Christmas may have found themselves severely after a card company wrongly put a security block on their cards.

Chris A’Court reported.

Full story:

OTHER NEWS

Consumer credit white paper

The consumer credit white paper is going before parliament on Monday.

The result of a two year government review into the market, it is expected to announce new measures to deal with unfair lending practices, and rules for more transparency on advertising, on credit card charges.

It is also expected to outlaw lenders charging penalties to customers who repay their loans early.

However there are no plans to introduce a cap on interest rates which say would offer most protection to vulnerable customers.

Producer: Chris A’Court

Presenter: Paul Lewis

Web Producer: Nathalie Knowles

Read more on site