Archive for October, 2008
Consumers urged to shop around as personal loan rates surge
Figures from price comparison website, uSwitch.com, has found that lenders are continuing to increase their cost of personal loans with interest rates surging.In the last month alone, personal loans from Black Horse, part of the Lloyds TSB group, have increased by up to nine percentage points, to 36.9%, according to uSwitch.Prior to the [...]
Publ.Date : Mon, 06 Oct 2008 12:00:56 +0000
Welcome Car Finance to concentrate on its own outlets
Welcome Car Finance, which specialises in loans to those with a poor credit rating, has withdrawn funding from hundreds of independent dealerships and is to concentrate on its own outlets.The group aims to focus on this business as it is more profitable than providing finance to third-party dealers.The move by the group will [...]
Publ.Date : Wed, 23 Apr 2008 05:42:36 +0000
Personal loans rate cut at Barclays
Interest rates on personal loans have been cut at Barclays by up to 0.6%, while its rivals are increasing rates following the global credit squeeze as a result of the problems in the US sub-prime mortgage market.Barclays is offering a rate of 6.8% on the Barclayloan Plus product, which is aimed at existing customers and [...]
Publ.Date : Mon, 15 Oct 2007 11:51:42 +0000
Higher loan rates inevitable
Almost 50% of those applying for loans have been rejected – up from a third just 6 months ago. In addition, lenders have tripled their rates for high risk customers.Several loan providers have indicated that they are to pull out of the unsecured loan markets as the scarcity of credit continues following the summer’s sub-prime [...]
Publ.Date : Fri, 09 Nov 2007 11:04:35 +0000
Consumers urged to shop around as personal loan rates surge
Figures from price comparison website, uSwitch.com, has found that lenders are continuing to increase their cost of personal loans with interest rates surging.In the last month alone, personal loans from Black Horse, part of the Lloyds TSB group, have increased by up to nine percentage points, to 36.9%, according to uSwitch.Prior to the [...]
Publ.Date : Mon, 06 Oct 2008 12:00:56 +0000
Welcome Car Finance to concentrate on its own outlets
Welcome Car Finance, which specialises in loans to those with a poor credit rating, has withdrawn funding from hundreds of independent dealerships and is to concentrate on its own outlets.The group aims to focus on this business as it is more profitable than providing finance to third-party dealers.The move by the group will [...]
Publ.Date : Wed, 23 Apr 2008 05:42:36 +0000
Welcome Car Finance to concentrate on its own outlets
Welcome Car Finance, which specialises in loans to those with a poor credit rating, has withdrawn funding from hundreds of independent dealerships and is to concentrate on its own outlets.The group aims to focus on this business as it is more profitable than providing finance to third-party dealers.The move by the group will [...]
Publ.Date : Wed, 23 Apr 2008 05:42:36 +0000
Provident Financial picking up high risk customers
Since the start of the global credit squeeze, banks and lenders are tightening their lending criteria meaning borrowers are struggling to get credit.These borrowers are turning to sub-prime lender, Provident Financial, who specialise in short-term, unsecured cash loans, generally between £50 and £500. Local agents deliver the money to their customers’ homes and call on [...]
Publ.Date : Wed, 19 Dec 2007 07:23:59 +0000
Welcome Car Finance to concentrate on its own outlets
Welcome Car Finance, which specialises in loans to those with a poor credit rating, has withdrawn funding from hundreds of independent dealerships and is to concentrate on its own outlets.The group aims to focus on this business as it is more profitable than providing finance to third-party dealers.The move by the group will [...]
Publ.Date : Wed, 23 Apr 2008 05:42:36 +0000
Increasing amount of people are being refused credit
Research from GE Money has established that over three million borrowers have had a mortgage or a loan rejected at least once in the last 18 months.The tightening of lending criteria has meant that even those with a good credit history are finding it increasingly difficult to obtain a mortgage or a loan.The research also [...]
Publ.Date : Thu, 21 Aug 2008 18:56:33 +0000
Increasing amount of people are being refused credit
Research from GE Money has established that over three million borrowers have had a mortgage or a loan rejected at least once in the last 18 months.The tightening of lending criteria has meant that even those with a good credit history are finding it increasingly difficult to obtain a mortgage or a loan.The research also [...]
Publ.Date : Thu, 21 Aug 2008 18:56:33 +0000
Consumers urged to shop around as personal loan rates surge
Figures from price comparison website, uSwitch.com, has found that lenders are continuing to increase their cost of personal loans with interest rates surging.In the last month alone, personal loans from Black Horse, part of the Lloyds TSB group, have increased by up to nine percentage points, to 36.9%, according to uSwitch.Prior to the [...]
Publ.Date : Mon, 06 Oct 2008 12:00:56 +0000
Higher loan rates inevitable
Almost 50% of those applying for loans have been rejected – up from a third just 6 months ago. In addition, lenders have tripled their rates for high risk customers.Several loan providers have indicated that they are to pull out of the unsecured loan markets as the scarcity of credit continues following the summer’s sub-prime [...]
Publ.Date : Fri, 09 Nov 2007 11:04:35 +0000
Best loan rates from the Alliance&Leicester
Alliance & Leicester has declared that its new personal loan rate is the best in the UK. The new interest rate is 6.3% and is on offer to new customers as well Premier and Premier Direct holders and is available from September 17th to November 4th.A spokesperson for the Alliance & Leicester said borrowers can [...]
Publ.Date : Tue, 18 Sep 2007 07:52:42 +0000
Provident Financial picking up high risk customers
Since the start of the global credit squeeze, banks and lenders are tightening their lending criteria meaning borrowers are struggling to get credit.These borrowers are turning to sub-prime lender, Provident Financial, who specialise in short-term, unsecured cash loans, generally between £50 and £500. Local agents deliver the money to their customers’ homes and call on [...]
Publ.Date : Wed, 19 Dec 2007 07:23:59 +0000
BoE report reveals lending to reduce even further
The Bank of England’s quarterly credit conditions report, published today, has added to the doom and gloom surrounding the British economy, after it revealed that Britain’s banks and building societies are set to make even more cutbacks in their lending.The report, which surveys lenders about the previous quarter and their predictions for the next quarter, [...]
Publ.Date : Fri, 03 Oct 2008 11:10:22 +0000
Consumers urged to shop around as personal loan rates surge
Figures from price comparison website, uSwitch.com, has found that lenders are continuing to increase their cost of personal loans with interest rates surging.In the last month alone, personal loans from Black Horse, part of the Lloyds TSB group, have increased by up to nine percentage points, to 36.9%, according to uSwitch.Prior to the [...]
Publ.Date : Mon, 06 Oct 2008 12:00:56 +0000
Welcome Car Finance to concentrate on its own outlets
Welcome Car Finance, which specialises in loans to those with a poor credit rating, has withdrawn funding from hundreds of independent dealerships and is to concentrate on its own outlets.The group aims to focus on this business as it is more profitable than providing finance to third-party dealers.The move by the group will [...]
Publ.Date : Wed, 23 Apr 2008 05:42:36 +0000
Consumers urged to shop around as personal loan rates surge
Figures from price comparison website, uSwitch.com, has found that lenders are continuing to increase their cost of personal loans with interest rates surging.In the last month alone, personal loans from Black Horse, part of the Lloyds TSB group, have increased by up to nine percentage points, to 36.9%, according to uSwitch.Prior to the [...]
Publ.Date : Mon, 06 Oct 2008 12:00:56 +0000
Higher loan rates inevitable
Almost 50% of those applying for loans have been rejected – up from a third just 6 months ago. In addition, lenders have tripled their rates for high risk customers.Several loan providers have indicated that they are to pull out of the unsecured loan markets as the scarcity of credit continues following the summer’s sub-prime [...]
Publ.Date : Fri, 09 Nov 2007 11:04:35 +0000
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Payday Power offer new loan to tide you over until pay day
The credit crunch has meant that mortgages, credit cards and loans are becoming harder to obtain and consumers‘ finances are being stretched to their limit.As a result, Payday Power has launched an instant cash advance service that is easy to use and has been designed so people can receive cash to keep them going until [...]
Publ.Date : Tue, 05 Aug 2008 19:12:40 +0000





