Student loans could fall to zero percent
Deflation has occurred for the first time in the UK since the 1960s and the Retail Prices Index (RPI) figure has been used to track the interest rate payments on student loans.However there has always been much speculation as to what would happen if the RPI would turn negative and yet last month, this stopped [...]
Publ.Date : Sat, 25 Apr 2009 06:35:44 +0000

Student loan interest payments at 0%
The Government has announced this week that 2.5 million students will pay 0 percent interest on student loans from September.However, this slashes the hope that student loans, which are linked to the Retail Prices Index which has fallen to -0.4 percent, would mean that loans would be reduced accordingly.The Student Loans Company has stated [...]
Publ.Date : Thu, 14 May 2009 16:45:57 +0000

Nationwide cuts rate on personal loans
Nationwide Building Society has cut the interest rate it charges on personal loans between £7,500 and £14,999.Typical annual percentage rate (APR) for newly taken out loans has been reduced from 8.2% to 7.9%.By comparison, RBS offers a typical APR of 8.9% for loans of this amount, whilst HSBC’s typical APR is 9.9%.“With this typical rate, [...]
Publ.Date : Fri, 08 May 2009 15:08:04 +0000

Alliance&Leicester to increase SME lending
Alliance & Leicester (A&L) has announced plans to increase lending to small business (SME) customers by more than 25% this year.Increased lending will “help customers to stabilise their business finances,” the bank said.The announcement follows a 49% increase in small business lending by the Santander-owned bank during 2008; in the past three years A&L has [...]
Publ.Date : Mon, 02 Mar 2009 12:43:35 +0000

Nationwide cuts rate on personal loans
Nationwide Building Society has cut the interest rate it charges on personal loans between £7,500 and £14,999.Typical annual percentage rate (APR) for newly taken out loans has been reduced from 8.2% to 7.9%.By comparison, RBS offers a typical APR of 8.9% for loans of this amount, whilst HSBC’s typical APR is 9.9%.“With this typical rate, [...]
Publ.Date : Fri, 08 May 2009 15:08:04 +0000

Alliance&Leicester to increase SME lending
Alliance & Leicester (A&L) has announced plans to increase lending to small business (SME) customers by more than 25% this year.Increased lending will “help customers to stabilise their business finances,” the bank said.The announcement follows a 49% increase in small business lending by the Santander-owned bank during 2008; in the past three years A&L has [...]
Publ.Date : Mon, 02 Mar 2009 12:43:35 +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

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

Student loan interest payments at 0%
The Government has announced this week that 2.5 million students will pay 0 percent interest on student loans from September.However, this slashes the hope that student loans, which are linked to the Retail Prices Index which has fallen to 0.4 percent, would mean that loans would be reduced accordingly.The Student Loans Company has stated [...]
Publ.Date : Thu, 14 May 2009 16:45:57 +0000

Student loans could fall to zero percent
Deflation has occurred for the first time in the UK since the 1960s and the Retail Prices Index (RPI) figure has been used to track the interest rate payments on student loans.However there has always been much speculation as to what would happen if the RPI would turn negative and yet last month, this stopped [...]
Publ.Date : Sat, 25 Apr 2009 06:35:44 +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

Alliance&Leicester to increase SME lending
Alliance & Leicester (A&L) has announced plans to increase lending to small business (SME) customers by more than 25% this year.Increased lending will “help customers to stabilise their business finances,” the bank said.The announcement follows a 49% increase in small business lending by the Santander-owned bank during 2008; in the past three years A&L has [...]
Publ.Date : Mon, 02 Mar 2009 12:43:35 +0000

Student loan interest payments at 0%
The Government has announced this week that 2.5 million students will pay 0 percent interest on student loans from September.However, this slashes the hope that student loans, which are linked to the Retail Prices Index which has fallen to -0.4 percent, would mean that loans would be reduced accordingly.The Student Loans Company has stated [...]
Publ.Date : Thu, 14 May 2009 16:45:57 +0000