Loans
Barclays lending boost for UK businesses and homebuyers
Barclays has announced that businesses and homeowners will benefit from the launch of a range of great value lending products.
Cutting the cost of new car finance
New car registrations come into force on 1 September 2012, and one of the most popular ways to finance new cars is via a personal loan.
Brits hide debt from their partners
A new report from The Co-operative Bank has revealed the huge amount of debt - £41bn - that people in relationships are hiding away from their other halves, and the legal implications of the secret cash stash.
Derbyshire reduces personal loan rate to 5.8%
Derbyshire Building Society is reducing its personal loan rate to a market-leading 5.8% APR Representative, the lowest rate ever offered by the Nationwide Group.
OFT revokes payday lender’s licence
The OFT has imposed a £544,505 financial penalty on the online payday lender MCO Capital Limited (MCO) for breaching the Money Laundering Regulations 2007, including its failure to adequately verify the identities of loan applicants. The OFT has also revoked MCO's consumer credit licence.
Tesco Bank cuts personal loan rates
Tesco Bank has reduced its interest rates on personal loans between £7,500 and £15,000, giving customers one of the best rates available in the market.
Payday lenders make progress protecting vulnerable borrowers
Business Minister Norman Lamb has welcomed the progress made by payday lenders as they published newly revised Codes of Practice to increase transparency and better help vulnerable borrowers, but warned that they need to maintain their focus on protecting consumers and tackling bad practice.
Clydesdale and Yorkshire launch their lowest ever personal loan rate
Clydesdale and Yorkshire Banks have launched their lowest ever personal loan rate of 5.9% APR for new and existing customers who apply online.
In-store instalment credit increasingly popular with consumers
£249 million was advanced to customers buying items such as furniture, white goods and electronics for their homes.
Low loan rate for AA members
AA Financial Services has reduced the rate for personal loans to AA members to 6.4% APR representative at a time of growing optimism in the new car market.
Sainsbury’s cuts personal loan rates
Sainsbury's Bank has reduced the rate on its small and medium sized personal loans, keeping it at the top of the best buy tables.
Personal loan market hots up
Providers including Sainsbury's Finance and Derbyshire Building Society have announced changes to rates on personal loans meaning the average rate for the top five personal loans at £7,500 now stands at 6 per cent.
Barclays cuts loan rates for current account customers to 5.9%
Barclays has launched its market leading personal loan rate starting at 5.9 per cent APR, giving current account customers the best rate on the market for loans between £10,000 and £25,000.
Tips for getting a quick loan approval
People with bad credit are continuously being rejected for loans. If they eventually manage to get one, they’ll be subjected to interest rates that would make your eyes water.
Tesco Bank cuts rates on personal loans
Tesco Bank has reduced its interest rates on loans between £5,000 and £25,000, giving customers some of the best rates currently available in the market.