Best Loans News

A couple of years ago, the Financial Services Authority (FSA) introduced the principle of “treating customers fairly” which would apply to all companies operating in the regulated financial services industry, including banks, building societies and specialist home owner loan companies.
This week, the FSA has announced that it is to fine the specialist lender GMAC-RFC £2.8million [...]

When someone applies for a new personal loan, they can reasonably expect the lender or loan company to carry out a credit check on their financial situation and background before they offer the loan.
This credit check will leave a “footprint” on the individual’s credit rating, which shows that they have applied for a loan and [...]

When the Government introduced its car scrappage scheme last year, many people (and I have to include myself in this number!) were quite cynical about the potential success of such a scheme, without the additional government funding of cheap loans to help individuals purchase a brand new car.
The car scrappage scheme allows an individual an [...]

The recent trend over the course of the past few years, of banks and building societies merging and taking one another over in buy out deals, seems to be showing no signs of slowing down, as Barclays bank has announced that it intends to buy Standard Life Bank, for a sum of £226 million, although [...]

Over the course of the past few months, we have started to see some signs of improvement in the housing and home owner loan markets and the key to this is an increase in the number of first time buyers now entering the market and applying for loans.
Although the number of first time buyers has [...]

Since the start of the credit crunch, two years ago, both the personal loan and home owner loan markets have been affected dramatically, leading to a severe drop in the total number of loan products available to consumers.
Over the course of this year, we have seen a slow but steady improvement in the number of [...]

Anyone who has been overburdened with personal loan and credit card debts either now or in the past, will know just how stressful it can be to be in debt, particularly if you are in the position of struggling to manage to keep up with your monthly loan and card repayments.
But new research from the [...]