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    Fines threat for credit messages

    Firms face raids and fines of up to £500,000 for sending unsolicited text messages about credit or compensation.

    Bank scraps charity credit cards

    Halifax and Bank of Scotland charity credit cards which have helped to raise millions of pounds will be withdrawn, Lloyds Banking Group announces

    Lenders face tougher regulation

    Payday lenders and other providers of short-term credit will face much tougher regulation when a new watchdog starts work.