From a Seemingly Innocent Mistake to a Police Raid: A Mother’s Shocking Account of Money Laundering Conviction and Years of Lingering Consequences

How an Innocent Loan Turned into a Money Laundering Scam Imagine this scenario: a close family friend approaches you and asks to borrow £50. Being the generous person that you are, you willingly lend them the money, knowing that they will repay you. However, what if, when the friend returns the loan, you realize they …

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Explained: Changes in Student Loans for 2023 Intake of Plan 5 Students

Starting from August 2023, students embarking on their undergraduate degrees can expect significant changes to their student loans with the introduction of the new ‘Plan 5.’ Under this plan, students will repay more than double the amount of previous years, making their lifetime loan repayments much higher. Graduates will begin repaying their loans at a …

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Tips for Finding the Ideal Credit Card amidst a 28-Year Rate Surge

Credit card users are facing increased costs if they are unable to pay off their bills in full, as the average interest rate on credit cards has reached 23.1%, the highest level in 28 years. This data, analyzed by broker Freedom Finance using the latest Bank of England data, reveals that the quoted credit card …

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