Best Loans News

The UK’s loan industry financial watchdog (The FSA), have recently requested that any firm operating within the financial services sector, must ensure the accuracy of any promotional material contained within their online promotional activities.
Accordingly, more than 30% of websites that were checked by the watchdog, were reported to have being displaying information, which was not [...]

Christmas credit shopping has reached fever pitch amongst UK borrowers, with analysts suggesting that totals are already running well into the Billions.
According to studies by a leading supermarket chain, literally hundreds of thousands of consumers have already committed sizeable sums towards the festive season, with almost 10% of people stating they had already surpassed the [...]

More than 60% of people who contact consumer help groups, are seeking practical advice with regards to issues of credit and loan management.
Personal financial management has become one of the Governments top focuses of late, following on from a recently conducted survey, which revealed that vast numbers of people around the country lack the basic [...]

Mainstream credit acquisition for home loans and high street mortgages, have reduced substantially over the last few months, suggests data from a new report.
According to studies by the BBA, the accumulative total for all new home loan applications was down by almost 50% in the month of October, which totals less than £290 million.
One analyst [...]

Vast numbers of consumers regard loan insurance as being an important part of their plan, suggests a recent study.
Accordingly, more than 60% of personal loan borrowers feel that PPI or payment protection insurance is a valuable addition to their loan, due to the security such products offer in the event of serious illness or financial [...]

A recently conducted survey has revealed that almost 1/2 of all Brits; actively hide particular details of their personal finances from a spouse or partner.
The study, conducted by a private investment firm, also revealed that more the 25% of people are untruthful with regards to the true cost of purchases, when questioned by their partner.
Financial [...]

A large proportion of UK loan lenders are moving towards reducing their applicants average credit thresholds, in an attempt to curb bad debt.
According to a recent report by a leading financial broadsheet, thousands of borrowers will be forced to reduce their rate of credit acquisition, due to a national reduction in loan and credit card [...]