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Archive for April, 2009

Banks Still Reluctant To Offer Business Loans

Business Loans - Thursday, April 30th, 2009

Despite billions of pounds worth of government loans and promises from all the major high street banks that they are returning to the personal and business loan markets, it would appear that many banks are still extremely reluctant to offer loans to small, medium and newly starting businesses, according to new research from Your Business.
Although [...]

Economic Slowdown Causes Increase In Fraud Levels

Personal Loans - Wednesday, April 29th, 2009

Consumers are being advised to remain vigilant and keep a check on their bank and savings accounts and look out for signs of identity fraud, this is the warning from the Fraud Prevention Service, CIFAS who have recently released their latest statistics, which show an alarming increase in cases of fraud, which they claim is [...]

Nationalised Bank To Be Sold

Bank Loans - Tuesday, April 28th, 2009

Northern Rock is back in the news again this week, as the latest episode in the saga of the nationalised lender unfolds.
 The bank was taken over by the government in 2007, with a huge loan to stop the lender going under due to the bad debts it had accrued on bad credit loans. Since that [...]

Homeowner Loan Affordability Improves

Homeowner Loans - Monday, April 27th, 2009

Over the course of the past couple of years or so, there has been a shift in emphasis when lenders are considering whether or not to offer a potential buyer a new homeowner loan or mortgage.
Whereas in the past lenders would only look at income multiples, usually offering three or four times a person’s salary, [...]

Lenders To Offer More Loans Through The Rest Of This Year

UK Loans - Friday, April 24th, 2009

At a time when interest is beginning to pick up in the housing market and estate agents and surveyors are saying that more people are entering the market, there have been renewed calls for banks and building societies to start offering realistic loans to potential home buyers once more.
Barclays bank has now responded by saying [...]

Budget Disappointing For Housing And Homeowner Loan Markets

Homeowner Loans - Thursday, April 23rd, 2009

Yesterday (22nd April) saw the Chancellor of the Exchequer Alistair Darling deliver his budget speech, in which he announced that the UK Government was going to have to borrow a staggering £175 billion in an attempt to provide a boost to the economy and get the country out of recession, a loan which the UK [...]

Many Consumers Paying Too Much On Their Credit Cards

Debt Consolidation Loans - Wednesday, April 22nd, 2009

The majority of people living in the UK have at least one credit card to their name, usually more and in a large number of cases these cards all have an outstanding balance, on which interest is being charged on a regular basis.
With many people struggling to keep on top of their finances at the [...]

 
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