Loans

M&S Money offers 25% cashback reward on personal loans

M&S Money is offering a cashback reward to customers who take out a personal loan between 1st April and 3rd June 2008.

Credit’s not so easy anymore

Not only have personal loan rates increased by an average of 1.7% over the past year, lenders have also made some significant changes to the way that they offer these products.

Debt problems force 6.5 million to consolidate

Up to 6.5 million people have been forced to consolidate their debts in the past three years in a bid to keep borrowing under control, new research from MoneyExpert.com shows.

Just two weeks ago the FSA suggested that the days of cheap credit were over. The latest Moneyfacts.co.uk research into the cost of unsecured personal loans underlines that this is certainly the case.

Zopa marks three years of Social Lending with launch in Japan

Social lending pioneer Zopa (uk.zopa.com) is three years old today which also marks the third birthday of peer-to-peer lending.

Wedding loans to top £1 billion

As thousands of women look to take advantage of this Leap Year and propose to their partners, Sainsbury’s Finance estimates that as many as 123,500 personal loans worth an estimated £1.16 billion will be taken out during 2008 to help pay for weddings.

New Year loans

When it comes to sticking to our New Years' Resolutions, as far as personal finances are concerned, we're determined to stay on track, according to research by Halifax Unsecured Personal Loans.

Brits hide secret loans from loved ones

As many as 1.35 million of the unsecured personal loans taken by the British public were made in secret, without family and partners knowledge, according to research from Abbey Loans. The combined value of the secret loans is estimated at £7.7 billion.

Loan tarts, the myths exposed

Unsecured personal loan customers could save £1.25 billion in interest by switching to a more competitive loan mid-term, according to research by uSwitch.com.

Investors can secure attractive returns via Zopa lending

As stock markets around the world plunge, private investors choosing to escape can secure very attractive returns at extremely low risk via Zopa lending.

2008 the year peer-to-peer personal finance goes mainstream

As the credit crunch tightens and stock markets wobble, people looking to borrow and others looking for safer returns have more to gain from Zopa than ever before.

Good news for borrowers as personal loan rates fall

Esther James, personal finance analyst at Moneyfacts.co.uk, comments: “For most of 2007 we reported rising loan rates, with the demise of sub six percent personal loans and the market finally settling at the end of the year with the best deals around 6.5% to 7%.