Loans
Three times as many people seek online help about bailiffs
In April 2013, the number of people seeking online advice on how to deal with bailiffs almost trebled, rising to over 20,000 from just under 7,000 in April last year.
M&S Bank launches it’s lowest ever loan rates
M&S Bank has launched its lowest ever loan rate, with a rate of 5.00 per cent APR (representative) on loans between £7,500 and £15,000, available exclusively for existing M&S current account, credit card and loan customers.
7 million rejected credit applications in one year
Almost 7 million applications for credit were turned down in the last year, while even more applications for other things were rejected due to the applicants' credit ratings.
Retirees manage mortgage and personal debt of £105bn
The UK's retirement nation collectively manages mortgage and personal debt to the tune of £105.5bn, according to research from MGM Advantage.
Modest growth in consumer credit
New figures released by the Finance & Leasing Association (FLA) highlight the importance of point of sale credit for consumers, including in the motor finance sector where new business has grown 19% in the first quarter of this year.
Payday lenders failing to check if people can afford to repay
Payday lenders are damming people to debt by failing to carry out checks to make sure borrowers can afford to repay the loan, says Citizens Advice.
5 different ways to borrow money
Everyone needs to borrow money at some point in their life, but most people do not understand the proper way to borrow money when they really need it.
The art of borrowing - fine art is latest trend in asset backed finance
The art market saw a record breaking year at auction in 2012 and borro, the UK's leading personal asset lender, has increasingly seen examples of fine art come through its doors over the past year.
Tesco Bank cuts rates on personal loans
Tesco Bank has reduced its interest rates on personal loans between £5,000 and £25,000, giving customers some of the best rates available in the market.
Designer diamonds dazzle in borro vaults
borro, UK personal asset lender, has seen a stunning array of unique jewels and gems come through its doors over the years, but the latest trend sees designer diamonds entering the vaults.
In need of cash? are loans the best options?
There may come a time when you find yourself in a financial pinch. Whether you need to meet an outstanding payment or quickly fix something, such as your car, you will no doubt be wondering about the best way to get cash quickly.
Banks slam their doors on 3.7 million UK entrepreneurs
As small businesses struggle to stay afloat, new research from Amigo Loans, has found that just 20% of micro-businesses were funded through a bank loan and one in six had to resort to a payday loan to fund their business.
National Debtline sees 94% increase in payday loan debt problems
Debt charity the Money Advice Trust reports its National Debtline service took over 20,000 calls for help with payday loans in 2012, a huge record.
borro seeing better quality and higher value assets used for loans
Valuation experts at borro, the UK personal asset lender, have revealed the most interesting assets they saw last year.
Record low base rate four years on - the winners and losers
With March 7 marking the fourth anniversary since Bank of England base rate dropped to a record low of 0.5 per cent, analysis by MoneySupermarket has shown that the cost of borrowing on mortgages and personal loans has fallen dramatically over the period, while savings rates have plummeted further since the Funding for Lending Scheme was introduced in August 2012.