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Featured case studies
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Cars repossessed due to fake loan application information
MORE >: Cars repossessed due to fake loan application informationA lender discovers they were given false information, so they repossess the cars securing the loan, without following the usual repossession process.
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One digit wrong, $100,000 gone
MORE >: One digit wrong, $100,000 goneAlex transferred $100,000 to the wrong account through a payment service provider. When the funds could not be recovered, Alex complained about a delay in the provider’s response.
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(Re)fundamentally reckless? Not quite.
MORE >: (Re)fundamentally reckless? Not quite.Deficiencies in the Insured’s refund processes and controls were negligent but not reckless.
Latest news
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Don’t wait for debt to bite, ask for help early
MORE >: Don’t wait for debt to bite, ask for help earlyFSCL says asking for help early can reduce stress and stop a manageable debt problem becoming a crisis.
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Saved cards and mistyped numbers: Financial Ombudsman Service warns of two types of simple mistakes that can cost you
MORE >: Saved cards and mistyped numbers: Financial Ombudsman Service warns of two types of simple mistakes that can cost youRecent cases show how easy it is to send money to the wrong place or be hit with unexpected charges when card details are saved on shared devices.
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Financial Ombudsman Service sees 41% increase in financial disputes
MORE >: Financial Ombudsman Service sees 41% increase in financial disputesComplaints are leading to a spike in financial disputes, reports Financial Services Complaints Limited (FSCL). The Financial Ombudsman Service reports a 41% increase in disputes in the first half of the reporting year. A total of 235 disputes were opened between July and December, up from 167 in the same period the year prior.















