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Archive for the 'Bad Credit Loans' Category

Consumers Being Forced Towards Illegal Loan Companies

Bad Credit Loans - Friday, July 3rd, 2009

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 [...]

Lender Encouraging Bad Credit Loan Customers To Leave

Bad Credit Loans - Friday, June 19th, 2009

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 [...]

Building Societies Have Credit Rating Down Graded

Bad Credit Loans - Tuesday, May 26th, 2009

Over the course of the past two years there have been some high profile casualties of the credit crunch within the banking sector, most notably Northern Rock, royal Bank of Scotland and the Lloyds Group, who have all been bailed out with loans from the government.
But it is not only banks which have been affected, [...]

RBS To Offer New Loans Again In Exchange For More Government Money

Bad Credit Loans - Friday, February 27th, 2009

The Royal Bank of Scotland (RBS) has announced that it is to follow the move made by Northern Rock earlier this month and start offering new loans to customers once more.
The news follows the announcement that the bank has made record losses over the past twelve months and intends to take advantage of the Government’s [...]

Lenders Told To Treat Bad Credit Cases Fairly

Bad Credit Loans - Tuesday, December 2nd, 2008

As the effects of the credit crunch continue to have an impact on many individuals in the UK, with the prospect of worse to come over the course of the next twelve months, a large number of people are facing the situation where they are falling into arrears on their secured loans and home owner [...]

Use Loan Rejection Information To Improve Credit Rating

Bad Credit Loans - Tuesday, November 11th, 2008

Most people in the UK have applied for a personal loan or a credit card at some point in their lives, some more regularly than others.
If the application is accepted, all well and good, but in many cases the loan or credit card is rejected and this result is becoming all too common in recent [...]

Tighter Regulation Introduced For Doorstep Loan Sales

Bad Credit Loans - Wednesday, November 5th, 2008

We have reported on a number of occasions in the past about the sale and practices of providers of doorstep loans and the extremely high cost of many of the personal loan products they offer.
These companies often target market those individuals who are unable to obtain a loan or finance from a more traditional lender [...]

 
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