Personal loan rates on the rise

29th April 2008 by

Comparison site Moneyfacts says the monthly repayments on personal loans are rising as well as mortgage rates. Continue Reading »

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Demand for borrowing constrained

23rd April 2008 by

Annual growth in credit card borrowing increased in March, while growth in loans and overdrafts fell slightly, according to figures from the British Bankers’ Association (BBA). Continue Reading »

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Billions in loans issued without proof of income

4th April 2008 by

Research by comparison site uSwitch.com reveals that £20.9bn has been issued in unsecured loans over the last 12 months without proof of income. Continue Reading »

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Savers cash in while loan customers lose out

28th March 2008 by

While savers have managed to get a good deal out of Base Rate rises, personal loan customers are paying the price for banks’ lending mistakes, according to price comparison site Moneysupermarket. Continue Reading »

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Personal loan market feels the pinch

27th March 2008 by

It’s not just mortgage borrowers that are feeling the effects of the credit crunch, according to Moneyfacts, personal loan borrowers are also seeing increased rates and product changes. Continue Reading »

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Website launches Debt Freedom Day

10th March 2008 by

British employees must work for 70 days in order to repay the interest on credit card and loan debt, according to financial website Unbiased. Continue Reading »

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Research pinpoints financial “worry-warts”

6th March 2008 by

UK consumers spend 13 billion hours per year worrying about spiralling personal debt, according to research from The Co-operative Bank. Continue Reading »

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Money Guidance plans announced

3rd March 2008 by

The Government has published new recommendations to provide UK consumers with the knowledge, understanding and confidence to make better decisions about money issues. Continue Reading »

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