Loanconsolidation

Lloyds confirms it will cease selling PPI
Banking giant Lloyds has confirmed it will no longer sell the controversial payment protection insurance (PPI). Lloyds Banking Group, which is 41% owned by the taxpayer, is the first bank to drop PPI sales and the decision will apply to customers of all its brands including the Halifax, Bank of Scotland and the Cheltenham & [...]
Publ.Date : Tue, 27 Jul 2010 11:58:48 +0000

Debt-fuelled Brits risk holiday hangover
One in three Brits risk a financial holiday hangover by paying for their holiday using debt, according to new research. Research by Bright Grey found 32% of holidaymakers will pay for this summer’s break using a credit card, travel agent payment plan, or by borrowing money from family and friends. Sun-seekers will borrow an average [...]
Publ.Date : Tue, 13 Jul 2010 14:10:45 +0000

Survey finds credit availability has not improved
A survey by the EEF engineering group has discovered that British companies are still struggling to obtain credit. According to the manufacturers’ organisation, credit is more expensive today than two months ago. The claim comes despite calls from the Government and business leaders to increase lending to businesses. Commenting on its report, Lee Hopley, the [...]
Publ.Date : Mon, 20 Sep 2010 08:40:58 +0000

Triodos and Charity Bank on track for record lending
Mid-year figures from Charity Bank and Triodos Bank show both lenders are on track for a record year of lending. During the first six months of this year, Charity bank agreed £20.9 million of new loans. This is compared to a total of £22.9 million for the whole of 2009. Figures from Triodos show new [...]
Publ.Date : Tue, 20 Jul 2010 15:46:10 +0000

Report reveals lenders not passing on base rate cuts
The Bank of England’s Quarterly Bulletin has revealed that High Street banks have not been passing on base rate cuts in full. Interest rates have been held at the record low of 0.5% since March 2009 (when the country was in the midst of its worst recession in decades), but despite this, banks are not [...]
Publ.Date : Mon, 20 Sep 2010 09:06:23 +0000

Triodos and Charity Bank on track for record lending
Mid-year figures from Charity Bank and Triodos Bank show both lenders are on track for a record year of lending. During the first six months of this year, Charity bank agreed £20.9 million of new loans. This is compared to a total of £22.9 million for the whole of 2009. Figures from Triodos show new [...]
Publ.Date : Tue, 20 Jul 2010 15:46:10 +0000

?Era of debt-fuelled consumerism over?
The era of debt-fuelled consumer spending is over, a financial expert has claimed, pointing out Britain’s consumer debts of nearly £1.5 trillion. Tim Moss, head of loans at moneysupermarket.com, seemed to be talking himself out of a job by claiming consumers can no longer afford to fund purchases on borrowed money. Consumers must face up [...]
Publ.Date : Wed, 14 Jul 2010 07:48:01 +0000

Research shows 1.2m taking out payday loan each year
According to research by watchdog Consumer Focus, the number of people taking out a payday loan has quadrupled in the last 4 years. The consumer group said 1.2 million people are now taking out a payday loan every year – borrowing more than £1 billion. Payday loans are becoming more popular and are seen as [...]
Publ.Date : Sun, 15 Aug 2010 17:01:33 +0000

Report reveals lenders not passing on base rate cuts
The Bank of England’s Quarterly Bulletin has revealed that High Street banks have not been passing on base rate cuts in full. Interest rates have been held at the record low of 0.5% since March 2009 (when the country was in the midst of its worst recession in decades), but despite this, banks are not [...]
Publ.Date : Mon, 20 Sep 2010 09:06:23 +0000

?Era of debt-fuelled consumerism over?
The era of debt-fuelled consumer spending is over, a financial expert has claimed, pointing out Britain’s consumer debts of nearly £1.5 trillion. Tim Moss, head of loans at moneysupermarket.com, seemed to be talking himself out of a job by claiming consumers can no longer afford to fund purchases on borrowed money. Consumers must face up [...]
Publ.Date : Wed, 14 Jul 2010 07:48:01 +0000

Triodos and Charity Bank on track for record lending
Mid-year figures from Charity Bank and Triodos Bank show both lenders are on track for a record year of lending. During the first six months of this year, Charity bank agreed £20.9 million of new loans. This is compared to a total of £22.9 million for the whole of 2009. Figures from Triodos show new [...]
Publ.Date : Tue, 20 Jul 2010 15:46:10 +0000

Report reveals lenders not passing on base rate cuts
The Bank of England’s Quarterly Bulletin has revealed that High Street banks have not been passing on base rate cuts in full. Interest rates have been held at the record low of 0.5% since March 2009 (when the country was in the midst of its worst recession in decades), but despite this, banks are not [...]
Publ.Date : Mon, 20 Sep 2010 09:06:23 +0000

Ministers consider higher interest rate on student loans
A higher education funding review is likely to see a shake-up in the way interest is charged on student loans. The review, by Lord Browne, suggested a variable interest rate on student loans was a favoured option. Currently, students pay back their loans when they earn over £15,000 a year, at a low interest rate. [...]
Publ.Date : Mon, 11 Oct 2010 09:44:14 +0000

Debt-fuelled Brits risk holiday hangover
One in three Brits risk a financial holiday hangover by paying for their holiday using debt, according to new research. Research by Bright Grey found 32% of holidaymakers will pay for this summer’s break using a credit card, travel agent payment plan, or by borrowing money from family and friends. Sun-seekers will borrow an average [...]
Publ.Date : Tue, 13 Jul 2010 14:10:45 +0000

Research shows 1.2m taking out payday loan each year
According to research by watchdog Consumer Focus, the number of people taking out a payday loan has quadrupled in the last 4 years. The consumer group said 1.2 million people are now taking out a payday loan every year – borrowing more than £1 billion. Payday loans are becoming more popular and are seen as [...]
Publ.Date : Sun, 15 Aug 2010 17:01:33 +0000

My Home Finance launched for those unable to secure a loan
The coalition Government has introduced a new scheme aimed at borrowers with a poor credit history or those on a low income. My Home Finance has been set up by the Government and the National Housing Federation (NHF), with 10 branches opening across the West Midlands by the end of next month. If successful, the [...]
Publ.Date : Thu, 23 Sep 2010 16:49:07 +0000

?Era of debt-fuelled consumerism over?
The era of debt-fuelled consumer spending is over, a financial expert has claimed, pointing out Britain’s consumer debts of nearly £1.5 trillion. Tim Moss, head of loans at moneysupermarket.com, seemed to be talking himself out of a job by claiming consumers can no longer afford to fund purchases on borrowed money. Consumers must face up [...]
Publ.Date : Wed, 14 Jul 2010 07:48:01 +0000

?Era of debt-fuelled consumerism over?
The era of debt-fuelled consumer spending is over, a financial expert has claimed, pointing out Britain’s consumer debts of nearly £1.5 trillion. Tim Moss, head of loans at moneysupermarket.com, seemed to be talking himself out of a job by claiming consumers can no longer afford to fund purchases on borrowed money. Consumers must face up [...]
Publ.Date : Wed, 14 Jul 2010 07:48:01 +0000

My Home Finance launched for those unable to secure a loan
The coalition Government has introduced a new scheme aimed at borrowers with a poor credit history or those on a low income. My Home Finance has been set up by the Government and the National Housing Federation (NHF), with 10 branches opening across the West Midlands by the end of next month. If successful, the [...]
Publ.Date : Thu, 23 Sep 2010 16:49:07 +0000

Ministers consider higher interest rate on student loans
A higher education funding review is likely to see a shake-up in the way interest is charged on student loans. The review, by Lord Browne, suggested a variable interest rate on student loans was a favoured option. Currently, students pay back their loans when they earn over £15,000 a year, at a low interest rate. [...]
Publ.Date : Mon, 11 Oct 2010 09:44:14 +0000

Survey finds credit availability has not improved
A survey by the EEF engineering group has discovered that British companies are still struggling to obtain credit. According to the manufacturers’ organisation, credit is more expensive today than two months ago. The claim comes despite calls from the Government and business leaders to increase lending to businesses. Commenting on its report, Lee Hopley, the [...]
Publ.Date : Mon, 20 Sep 2010 08:40:58 +0000

Report reveals lenders not passing on base rate cuts
The Bank of England’s Quarterly Bulletin has revealed that High Street banks have not been passing on base rate cuts in full. Interest rates have been held at the record low of 0.5% since March 2009 (when the country was in the midst of its worst recession in decades), but despite this, banks are not [...]
Publ.Date : Mon, 20 Sep 2010 09:06:23 +0000

Triodos and Charity Bank on track for record lending
Mid-year figures from Charity Bank and Triodos Bank show both lenders are on track for a record year of lending. During the first six months of this year, Charity bank agreed £20.9 million of new loans. This is compared to a total of £22.9 million for the whole of 2009. Figures from Triodos show new [...]
Publ.Date : Tue, 20 Jul 2010 15:46:10 +0000