Barclays to boost lending by £11bn
In contrast to the Chancellor’s Budget speech yesterday, Barclays believe the recession will be long and deep but the bank has vowed to help businesses and households by increasing lending by £11bn in 2009.Alistair Darling said in his Budget yesterday that the British economy will see recovery by the end of the year with a [...]
Publ.Date : Thu, 23 Apr 2009 15:28:03 +0000

Payday loans deemed most expensive forms of loan
Research from price comparison service, uSwitch.com, has found that while Payday loans may offer quick and easy cash, they are one of the most expensive forms of loans in the UK, with some APRs of up to 9889.3%.According to uSwitch.com, a consumer taking out a payday loan of £750 could end up owing £1,687.50 if [...]
Publ.Date : Tue, 27 Jan 2009 13:30:46 +0000

Lenders cut APR on loans
Moneysupermarket.com has revealed that the average interest rate of loans dropped last week for the first time since August 2008.The average annual percentage rate (APR) of leading loan providers hit a high of 8.88% in March, compared to 7.34% in March 2008.The peak came despite repeated cuts to the Bank of England’s base rate to [...]
Publ.Date : Mon, 20 Apr 2009 10:46:57 +0000

Payday loans deemed most expensive forms of loan
Research from price comparison service, uSwitch.com, has found that while Payday loans may offer quick and easy cash, they are one of the most expensive forms of loans in the UK, with some APRs of up to 9889.3%.According to uSwitch.com, a consumer taking out a payday loan of £750 could end up owing £1,687.50 if [...]
Publ.Date : Tue, 27 Jan 2009 13:30:46 +0000

Debt consolidation could save UK £20 billion
Better debt management could save Brits up to £20 billion, according to price comparison site uSwitch.com.With total personal debt across the nation at £1.45 trillion, borrowers in the UK pay out £98 billion in interest every year.New research by uSwitch found that debt consolidation would save the UK £20 billion in interest payments, with the [...]
Publ.Date : Tue, 20 Jan 2009 17:54:31 +0000

BoE report reveals lending is set to increase
A Bank of England report has revealed that Britain’s banks and building societies are set to make more loans available to homeowners and businesses over the next quarter.The report also revealed that despite the tightening of lending criteria over recent times, credit availability to larger companies actually increased during the first three months of [...]
Publ.Date : Thu, 02 Apr 2009 11:36:28 +0000

Barclays to boost lending by £11bn
In contrast to the Chancellor’s Budget speech yesterday, Barclays believe the recession will be long and deep but the bank has vowed to help businesses and households by increasing lending by £11bn in 2009.Alistair Darling said in his Budget yesterday that the British economy will see recovery by the end of the year with a [...]
Publ.Date : Thu, 23 Apr 2009 15:28:03 +0000

Nationwide reduces personal loan rate to 8.2%
Nationwide has announced that it has cut the interest rate on its personal loans to 8.2% APR typical.Nationwide said this rate is the most competitive available from a high street provider.The rate is available to Nationwide customers with a FlexAccount debit card or mortgage taking out a loan of between £7,500 and £14,999.The loan can [...]
Publ.Date : Fri, 03 Apr 2009 16:25:54 +0000

Sainsbury?s Bank cuts loan interest rate

Publ.Date : Tue, 30 Dec 2008 11:47:27 +0000

Sainsbury?s Bank cuts loan interest rate

Publ.Date : Tue, 30 Dec 2008 11:47:27 +0000

Mandelson unveils plans to kick-start lending for businesses
Business Secretary Lord Mandelson has today unveiled the Government’s plan to kick-start lending for small and medium-sized businesses to help them weather the economic downturn.The Government has announced measures to guarantee up to 50% of up to £20 billion worth of loans. Companies with an annual turnover of up to £500 million will be eligible [...]
Publ.Date : Wed, 14 Jan 2009 19:34:14 +0000

BoE report reveals lending is set to increase
A Bank of England report has revealed that Britain’s banks and building societies are set to make more loans available to homeowners and businesses over the next quarter.The report also revealed that despite the tightening of lending criteria over recent times, credit availability to larger companies actually increased during the first three months of [...]
Publ.Date : Thu, 02 Apr 2009 11:36:28 +0000

Nectar Card holders offered 7.9% personal loan
Supermarket bank Sainsbury’s Finance is offering loyal customers a lower rate of interest on personal loans.Holders of the Sainsbury’s Nectar loyalty card are now being offered a typical APR of 7.9% for loans between £5,000 and £15,000, if they apply online.This is compared to a rate of 8.1% for non-Nectar card holders.However, anyone looking to [...]
Publ.Date : Mon, 06 Apr 2009 11:25:18 +0000

Payday loans deemed most expensive forms of loan
Research from price comparison service, uSwitch.com, has found that while Payday loans may offer quick and easy cash, they are one of the most expensive forms of loans in the UK, with some APRs of up to 9889.3%.According to uSwitch.com, a consumer taking out a payday loan of £750 could end up owing £1,687.50 if [...]
Publ.Date : Tue, 27 Jan 2009 13:30:46 +0000