Personal Loans
Pay 1.9% interest on your personal loan or overdraft for 12 months
Andrew Hagger of Moneynet.co.uk looks at the latest credit card promotional offer that comes with a useful twist.
The rise and rise of small tiered loans
Average rates for the top ten personal loans under £5,000 have hit a ten year high, while loans over £5,000 are starting to fall after reaching a peak in May, according to research by moneysupermarket.com.
Personal loans used to pay for surgery
Nearly £12 million was taken out in personal loans last year to help pay for surgery, estimates Sainsbury’s Finance. Some 800 loans worth £4.77 million were used to pay for cosmetic surgery and just under 1,000 loans were used to pay for other surgical procedures such as hip replacements.
Nationwide offers market-leading personal loan rate
With effect from today, Tuesday 15 June 2010, Nationwide has introduced a new personal loan rate of 7.7% APR typical for loans of up to five years between £7,500 and £14,999 for its main FlexAccount customers.
Personal loans used to pay for education
The cost of education increased by 5% in the 12 months to February 2010, which helps explain why, according to estimates by Sainsbury's Finance, a staggering £37 million was taken out in personal loans last year to help pay for school fees, university fees and general education costs.
Brits hide debt from partners
More than a fifth (21 per cent) of UK residents currently in debt are lying to their partner about the amount of cash they owe.
Sainsbury's Finance cuts personal loan rate to 7.8%
Sainsbury's Finance has announced a reduced rate of 7.8% for Sainsbury's shoppers applying for a personal loan between £7,500 and £14,999.
Sharp decline in debt consolidation
Debt consolidation is now a much less significant reason for people taking out personal loans than it was two years ago, according to new figures from Sainsbury's Finance.
Are banks trying to kill the small personal loans market?
Borrowers looking for a personal loan of less than £5,000 need to be prepared for a shock as loan rates have rocketed by as much as 130 per cent compared to 2006, according to analysis by moneysupermarket.com.
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.