The Royal Bank of Scotland (RBS) has announced that it is to follow the move made by Northern Rock earlier this month and start offering new loans to customers once more.
The news follows the announcement that the bank has made record losses over the past twelve months and intends to take advantage of the Government’s [...]
As the UK economy continues to fall into recession, an ever increasing number of people are finding it more and more difficult to be able to manage the repayments on their homeowner loans, personal loans and other debts, as they struggle with a loss of income through either job loss or reduction in regular overtime [...]
New research has found that there has been a significant increase in amount of protection policies being taken out over the course of the last year by borrowers looking to provide some form of cover for their loan repayments.
The figures from the specialist protection company Lifesearch have revealed that the total level of new protection [...]
Over the course of the past twelve months, banks, building societies and other lending organisations have been forced to tighten their lending criteria, due to the effects of the credit crunch and the recent banking crisis.
Unsecured loans as well as secured loans and mortgages have all been affected, as a large number of lenders and [...]
It has been a couple of years of turmoil for Northern Rock, with their situation changing dramatically on a regular basis.
Firstly, the lender was nationalised back in 2007, following the collapse of the bank, with an injection of cash from the Government of £27 billion in the form of a loan. Since then Northern Rock [...]
Over the course of the past six months or so, it has become increasingly difficult for a potential borrower to obtain the personal loan they require, as the number of loan providers is diminishing all the time, limiting the choice of products.
As a result of this, many people are now turning to personal loan brokers [...]
Many individuals with personal loan and credit card debts would like to be able to have all their debts paid off for them, particularly in the current economic conditions, but consumers have been warned to be extremely wary of the increasing number of companies which seem to be springing up who are offering to write [...]
