The Liberal Democrats are unlikely to have won much support from the banking community with their latest piece of election campaigning, as they have called on the major high street banks to start offering business loans to small and medium sized businesses once again.
The Lib Dems have claimed that many of the partly nationalised banks [...]
One of the most popular reasons for taking out a new personal loan in recent years has been for debt consolidation, where a borrower pays off his or her existing debts with one large debt consolidation loan, in order to manage their monthly outgoings and in many cases actually save money by taking out a [...]
We reported recently on how individuals in the UK have changed their attitude towards their finances, with regard to savings and taking out new personal loans and how, although people were attempting to save some money, there was a greater focus on repaying existing debt on loans and credit cards.
A new survey has found that, [...]
Those banks which have been recently nationalised by the Government, through receiving large Treasury loans to bail them out, are still failing to offer the most competitive deals when it comes to home owner loans and mortgages, according to a new independent survey.
When the various banks received their loans from the Government, part of the [...]
Last year saw a particularly quiet year for the equity release loan market. A lack of available funding for loans from lenders and a large degree of uncertainty over house prices and the economy, put many people off taking out such a loan and several lenders withdrew from the market place altogether.
But the latest figures [...]
Following the economic troubles of the past couple of years, there has been a significant increase in the number of people falling into difficulty with their personal loans, credit cards and home owner loan repayments.
This has led to a rise in the level of loan arrears and defaults on individual’s loans, causing bad credit issues, [...]
Over the course of the past couple of years or so, there has been an explosion in the number of companies and organisations offering help to individuals struggling to maintain their repayments on personal loans, credit cards and other debts.
Debt help and management companies have seen a huge increase in the number of consumers seeking [...]
