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Banks Using Wonga-Style Debt Collection Tactics

MORTGAGESTRATEGY – Major high street banks are using Wonga-style debt collection tactics by sending customers letters chasing for payments seemingly from third-party firms.

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Osborne Hands Greater Power to Bank of England to Prevent Housing Market Crash

THE GUARDIAN – George Osborne is to give the Bank of England sweeping new powers to control the size of mortgages amid fears that rapidly rising house prices risk becoming a bubble that would threaten Britain’s economic recovery.

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