Best Loans News

The Council of Mortgage Lenders (CML) has just released its figures for the total number of homeowners who have either had their home repossessed or had a high level of arrears on their loan, for the last three months of last year.
Between October and the end of the year, there were 10,200 properties which were [...]

Over the course of the past couple of years, loans for people with adverse credit, or bad credit loans, have practically disappeared from the market place as banks, building societies and other loan providers have reviewed their policies and tightened their lending criteria in the wake of the credit crunch and recession.
But whilst lenders are [...]

The credit crunch and following economic down turn and recession has caused huge financial difficulties for a large number of individuals in the UK, many are struggling to maintain their monthly repayments on their loans and other debts, with the inevitable result of a build up of loan arrears and missed credit card payments.
In the [...]

Everybody knows that the major high street banks in the UK have been going through a difficult time over the past couple of years or so, due to the effects of the credit crunch and lack of available funding on the wholesale money markets.
However, it seems that very few onlookers and consumers have any sympathy [...]

Just when everybody was beginning to think that the banking sector in the UK was starting to show signs of recovery, the Lloyds Banking group, the largest banking group within the UK, is expected to announce that it intends to write off somewhere in the region of £13 billion in bad credit loans when it [...]

Over the course of the past twelve months or so, it has become increasingly difficult for a potential borrower to be able to be accepted for the personal loan they require through the more traditional lending channels.
Due to the effects of the credit crunch and economic slow down, banks and building societies have become extremely [...]

It was not all that long ago when banks and building societies were doing everything within their power to try and retain their homeowner loan customers and stop them from switching their loans to another provider.
This was often done through new incentives being offered to borrowers who had come to the end of their current [...]