Loanconsolidation

Triodos to raise €90m for ethical lending
Triodos Bank has announced plans to issue €90 million of new shares.Money raised from the shares will be used to provide loans to sustainable projects.Set up in 1980, Netherlands-based Triodos provides loans to environmentally-friendly projects such as wind farms and organic agriculture.Since the credit crunch, the company has seen an upsurge in interest in its [...]
Publ.Date : Fri, 02 Oct 2009 12:22:50 +0000

Are lenders loosening their purse strings?
Interest rates on personal loans are finally starting to fall.The average interest rate on the top ten loan deals has fallen to 8.35%, the lowest level since the Bank of England reduced the base rate to 0.5% last March.When the Bank of England first lowered the base rate, mortgage and current account providers followed suit, [...]
Publ.Date : Fri, 22 Jan 2010 09:14:18 +0000

Consumers see few benefits from low base rate
Consumers have seen very little benefit from the Bank of England holding its base rate at a record low of 0.5% for six months, a consumer advice site pointed out this week.Interest rates on savings accounts have dropped, while rates on mortgages, credit cards, and personal loans have continued to rise, said Moneyfacts.co.uk.Research by the [...]
Publ.Date : Thu, 10 Sep 2009 15:03:06 +0000

Consumer borrowing surges in January
Figures from the Bank of England today revealed that British consumers borrowed £500 million in January through credit cards, loans and overdrafts, once repayments were taken into account – the highest level since November 2008.According to the Bank, the increase was almost double the £265 million rise seen in the previous month December, and comes [...]
Publ.Date : Mon, 01 Mar 2010 11:56:01 +0000

Triodos increases UK lending
Ethical bank Triodos increased its lending in the UK by nearly one third in the first half of this year.Current lending by the bank rose to £223 million, with a further £82 million in loan commitments that have yet to be drawn down.This £305 million total represents an overall lending increase of 29% compared to [...]
Publ.Date : Mon, 05 Oct 2009 11:47:48 +0000

Savvy consumers look for best credit deals
Consumers are increasingly taking the time to search out the best deals on personal loans and credit cards.Financial advice site Moneyfacts said since the onset of the credit crunch, Brits who need to borrow money are shopping around for the lowest interest rates.Darren Cook, Moneyfacts spokesperson, said: “The Bank base rate being maintained at a [...]
Publ.Date : Thu, 04 Mar 2010 16:14:06 +0000

Triodos increases UK lending
Ethical bank Triodos increased its lending in the UK by nearly one third in the first half of this year.Current lending by the bank rose to £223 million, with a further £82 million in loan commitments that have yet to be drawn down.This £305 million total represents an overall lending increase of 29% compared to [...]
Publ.Date : Mon, 05 Oct 2009 11:47:48 +0000

Triodos to raise €90m for ethical lending
Triodos Bank has announced plans to issue €90 million of new shares.Money raised from the shares will be used to provide loans to sustainable projects.Set up in 1980, Netherlands-based Triodos provides loans to environmentally-friendly projects such as wind farms and organic agriculture.Since the credit crunch, the company has seen an upsurge in interest in its [...]
Publ.Date : Fri, 02 Oct 2009 12:22:50 +0000

Savvy consumers look for best credit deals
Consumers are increasingly taking the time to search out the best deals on personal loans and credit cards.Financial advice site Moneyfacts said since the onset of the credit crunch, Brits who need to borrow money are shopping around for the lowest interest rates.Darren Cook, Moneyfacts spokesperson, said: “The Bank base rate being maintained at a [...]
Publ.Date : Thu, 04 Mar 2010 16:14:06 +0000

Car loans rise following launch of ‘cash for bangers’ scheme
Research from Sainsbury’s Finance has found that since the launch of the Government’s scrappage scheme in May, an estimated £61.2 million of personal loans per month have been taken out to purchase cars, compared with a monthly average of £44.7 million in 2009, prior to the scheme.The scheme, which pays consumers £2,000 to get [...]
Publ.Date : Wed, 28 Oct 2009 08:49:32 +0000

Consumers see few benefits from low base rate
Consumers have seen very little benefit from the Bank of England holding its base rate at a record low of 0.5% for six months, a consumer advice site pointed out this week.Interest rates on savings accounts have dropped, while rates on mortgages, credit cards, and personal loans have continued to rise, said Moneyfacts.co.uk.Research by the [...]
Publ.Date : Thu, 10 Sep 2009 15:03:06 +0000

Are lenders loosening their purse strings?
Interest rates on personal loans are finally starting to fall.The average interest rate on the top ten loan deals has fallen to 8.35%, the lowest level since the Bank of England reduced the base rate to 0.5% last March.When the Bank of England first lowered the base rate, mortgage and current account providers followed suit, [...]
Publ.Date : Fri, 22 Jan 2010 09:14:18 +0000

FSA reports surge in finance complaints
For the first time ever, the Financial Services Authority (FSA) has published figures showing the number of complaints made to firms in the financial services industry in the 2006-2008 period.The data has revealed an enormous increase in complaints about banking and loan products, revealing a 122% increase – from 608,620 at the beginning of the [...]
Publ.Date : Thu, 03 Sep 2009 16:57:52 +0000

Consumers see few benefits from low base rate
Consumers have seen very little benefit from the Bank of England holding its base rate at a record low of 0.5% for six months, a consumer advice site pointed out this week.Interest rates on savings accounts have dropped, while rates on mortgages, credit cards, and personal loans have continued to rise, said Moneyfacts.co.uk.Research by the [...]
Publ.Date : Thu, 10 Sep 2009 15:03:06 +0000

Consumers see few benefits from low base rate
Consumers have seen very little benefit from the Bank of England holding its base rate at a record low of 0.5% for six months, a consumer advice site pointed out this week.Interest rates on savings accounts have dropped, while rates on mortgages, credit cards, and personal loans have continued to rise, said Moneyfacts.co.uk.Research by the [...]
Publ.Date : Thu, 10 Sep 2009 15:03:06 +0000

FSA reports surge in finance complaints
For the first time ever, the Financial Services Authority (FSA) has published figures showing the number of complaints made to firms in the financial services industry in the 2006-2008 period.The data has revealed an enormous increase in complaints about banking and loan products, revealing a 122% increase – from 608,620 at the beginning of the [...]
Publ.Date : Thu, 03 Sep 2009 16:57:52 +0000

Triodos increases UK lending
Ethical bank Triodos increased its lending in the UK by nearly one third in the first half of this year.Current lending by the bank rose to £223 million, with a further £82 million in loan commitments that have yet to be drawn down.This £305 million total represents an overall lending increase of 29% compared to [...]
Publ.Date : Mon, 05 Oct 2009 11:47:48 +0000