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Personal Loans

Nationwide offers personal loan rate of 7.9%

Nationwide has introduced a new personal loan rate of 7.9% APR typical for loans of up to five years between £7,500 and £14,999 for its current account customers.

Saving is top financial priority for students

Students have identified saving as the financial priority they are most concerned about, according to a poll of further education (FE) students across England by the National Skills Academy for Financial Services (NSAFS).

Saturday 20th February marks this year's Debt Freedom Day

Saturday 20th February marks this year's Debt Freedom Day, according to new research by Unbiased.co.uk, the professional advice website.

Loan rates at nine year high

Risk continues to be the focus in all lending activity, but with no guarantees on the debt being repaid, unsecured personal loans have seen some of the sharpest increases.

Sainsbury's 7.9% personal loan rate offer ends soon

Sainsbury's shoppers have less than a week, until Tuesday 26th January, to take advantage of its best buy loan rate of 7.9% APR Typical.

Personal loan rates starting to fall

Figures from moneysupermarket.com show that personal loan rates are starting to fall, with the average rate of the top ten loan deals falling to 8.35 per cent - the lowest since the Bank of England cut the base rate to 0.5 per cent last March, although this is still at a five year high.

Debt enquiries expected to surge

With many consumers looking to reduce their New Year debts, Richard Napier, Nationwide's head of credit cards and personal loans, talks about the options consumers have to help them get over their Christmas debt hangover.

Banks push to become one-stop shops

Banks are increasingly focussing their sales efforts on their existing customers as they seek to cater for all their customers' financial needs.

Nationwide offers personal loan rate of 7.6% APR

With effect from Tuesday 5 January 2010, Nationwide will be introducing a new personal loan rate of 7.6% APR typical for loans of between £7,500 and £14,999 for up to five years for its main FlexAccount customers.

Sainsbury's offers reduced personal loan rate

Sainsbury's Finance is offering its shoppers a reduced personal loan rate of 7.9% APR Typical and double Nectar points on their shopping for two years when applying with a Nectar card between 29th December 2009 and 28th February 2010.

Danger consumers lose out shopping around for loans

The Treasury Committee has released a Report, Credit Searches, which calls on the Office of Fair Trading and the Information Commissioner's Office to investigate the fairness of a part of the credit market.

Nearly £20 billion to be spent on second-hand cars

Around 3.7 million people, 8% of the adults in Great Britain, plan to buy second-hand cars in the six months leading up to the end of February 2010, according to new research from Sainsbury's Finance.

Loan rates continue to rise

Since Bank Rate dropped to the historic low level of 0.50% in March, loan rates have continued to increase.

Value of personal loans for cars rises due to scrappage scheme

In a clear sign that the Government's car scrappage scheme is succeeding in its mission to stimulate the motor vehicle market in the UK, Sainsbury's Finance estimates that the scrappage scheme is directly responsible for a 37% increase in the value of personal loans

Nationwide offers personal loan rate of 7.9% APR typical

With effect from Wednesday 7 October 2009, Nationwide will be introducing a new personal loan rate of 7.9% APR typical for loans of between £7,500 and £14,999 for its current account customers.