Best Loans News

Some of the UK’s leading loan and mortgage providers are expected to dramatically tighten their reigns come 2008, with regard to borrower qualification, one source has revealed.
A spokesperson for one of the UK’s largest credit reference agencies has suggested that the effects of the credit crunch will make the task of sourcing finance particularly difficult [...]

Christmas is undoubtedly one of the busiest times for general consumer spend, however, one of the UK’s leading banks has suggested that December 2007 will set new records for cash point withdrawals.
According to data drawn from the banks latest statistics, consumers are likely to withdraw close to ½ billion pounds throughout the month of December. [...]

Loaning money to friends and relatives, could lead a proportion of UK residents into a “sticky” financial situation.
One of the world’s most successful online transactional institutions has discovered that amidst changing borrowing conditions within the UK, more people than ever are turning to loved ones and friends as a means to source a loan. However, [...]

As traditional routes to borrowing, such as unsecured personal loans, become less available to consumers, lenders have reported a surge in the uptake of UK home loans over recent months.
One of the UK’s largest lending institutions has reported that the number of enquiries for home loans over the last 8 weeks has been uncharacteristically high, [...]

Credit cards, which carry rates of interest that are atypically higher than average, should clearly demonstrate repayment examples as a means to protect borrowers from potential financial difficulties.
A leading debt management firm made the suggestion, in response to a number of recently launched cards, which carry typical APR’s in excess of 30%. The firm claims [...]

Last minute Christmas shopping could cost consumers almost double that of people who plan ahead for the holiday season, suggests a new report.
According to a study by one of the UK’s most popular credit card providers, consumers who leave their shopping up until the last week before Christmas Eve are almost 4 times more likely [...]

A recently conducted study has revealed that almost ½ of all British consumers are “fluently in tune” with their personal credit profile, yet surprisingly, almost ¼ of Brits have absolutely no idea as to how their credit history looks, as they have never thought to review it.
A leading financial comparison site (responsible for the study), [...]