Loans | Loan news, rates and offers

In just four weeks, seven unsecured personal loan providers have implemented rate hikes of 1% for new personal loan customers, increasing the average loan rate from 8.74% to 9.07% compared to this time last year.

With news that we are near the end of the recession all around us, research from Unbiased.co.uk, the professional advice website, reveals that the so called ‘economic optimism' has led Brits straight back down the debt path.

Lenders are increasingly threatening customers with charging orders as a tactic to intimidate debtors into paying unaffordable amounts says a new report out today from national charity Citizens Advice.

The consumer credit market is shrinking and consumers could face even less choice and reduced availability in future, according to the Finance and Leasing Association (FLA), which today published its latest consumer lending figures.

The OFT is warning consumers not to be taken in by businesses claiming to help them become debt free by 'buying' or 'selling on' their debts.

M&S Money is offering a 10% cashback reward to customers who take out a personal loan between 24th June and 11th August 2009.