Best Loans News

Over the course of the past couple of years or so, a number of major high street banks have effectively been partly, or fully, nationalised by receiving a financial bail out in the form of a loan from the Government.
Northern Rock was the first bank to receive a loan, followed by the Royal Bank of [...]

Lloyds Banking Group has announced major changes to its operations this week, which will see further job losses within the organisation, the closure of branches and the loss of two well known brands for mortgages and homeowner loans.
The bank, which has been part nationalised with a bail out from a Government loan, announced this week [...]

With the way that many individuals feel about their bank, and financial institutions in general, at the moment, it would be no surprise to learn that the answer to this question is a resounding “yes” from the majority of consumers.
This general feeling has been backed up by new research from the financial website Moneyextra.com, who [...]

In recent months the governments has announced plans to introduce quantitative easing in a bid to drag the country out of recession and restore some growth to the UK economy and so far this seems to be having a positive effect, as banks and building societies have been able to exchange their “toxic” debts, on [...]

There have been several conflicting reports recently on the state of the economy and the willingness of banks to start offering loans once again, but generally, the news is slowly starting to become more positive, as economists, banks and building societies and even consumers are starting to see the light at the end of the [...]

Northern Rock is back in the news again this week, as the latest episode in the saga of the nationalised lender unfolds.
 The bank was taken over by the government in 2007, with a huge loan to stop the lender going under due to the bad debts it had accrued on bad credit loans. Since that [...]

Anybody who has applied for a personal loan over the past twelve months or so is likely to know exactly how difficult it has become to obtain the funding they need from their local bank or building society.
Since the beginning of the credit crunch in 2007, banks have continued to tighten their lending criteria, due [...]