Best Loans News

We reported earlier this week on how banks in the UK had increased the amount of new loans provided to small and medium sized businesses and also how they were being criticised by the government for the high cost of business loans.
The Chancellor of the Exchequer, Alistair Darling, has since held a meeting with several [...]

The effects of the credit crunch and the general economic slowdown in the UK over the past couple of years or so has had a huge impact on Britain’s banking sector, with banks suffering massive losses due to high levels of loan arrears and defaults from customers being unable to maintain their personal and homeowner [...]

There has been a growing popularity in equity loans over the past few years, largely as a result of increasing house prices and poor retirement planning and investment returns amongst those individuals approaching retirement.
Home income plans, or equity release loans are designed to allow people over the age of 60 to take a loan out [...]

Since the government bailed out several of the UK’s major high street banks with Treasury loans, they have been placing increasing pressure on lenders to increase the amount and number of loans they approve to small businesses, in an attempt to help these businesses and provide an earlier recovery for the UK economy.
The latest figures [...]

Two or three years ago, it used to be incredibly easy for an individual to be able to get a new loan, whether this was a personal unsecured loan, or a mortgage or homeowner loan.
In fact many experts are now saying that it was far too easy to obtain a cheap loan, due to the [...]

Last week we reported on how the latest figures from the Council of Mortgage Lenders (CML) have shown an increase in the number of homeowner loans and mortgages being approved.
These figures have now been backed up by the British Banking Association (BBA) who have revealed their latest statistics to show that net new lending on [...]

It is not only consumers and individuals with homeowner loans and other debts who have had a difficult time due to the effects of the credit crunch and the following economic slow down, but also many of those people who work in the finance industry, particularly in the area of financial advisers and loan brokers [...]