October, 2007 news
Loan borrowers subjected to `unnecessary` insurance premiums
Many loans customers could be paying insurance on their borrowings without even knowing, according to reports.... Read more »
Authorities `clamp down on loan sharks`
Debt collectors who are forcing customers with intimidation to pay back loans are being targeted by authorities in a clampdown on deceit in the finance industry.... Read more »
Rising interest rates have `mixed up loans market`
Consumers looking to take out personal loans should always look at the total amount payable on the loan before accepting the deal, an industry expert has claimed.... Read more »
Loan interest rates cut by Barclays
One of the UK`s biggest high street banks is going against the grain and slashing the interest rates on all its personal loans.... Read more »
`Check with FSA` warning for banking customers
Customers have been warned to check unfamiliar banks with the Financial Services Authority (FSA) in case of debt problems.... Read more »
Lib Dems call for debt action
The Liberal Democrats have urged the government to help the growing numbers of people in the UK with debt problems.... Read more »
Interest rates remain on hold
The Bank of England`s monetary policy committee has decided to hold interest rates at the current level of 5.75 per cent for the third month in a row.... Read more »
FSA increases compensation guarantee limit
The decision by the Financial Services Authority (FSA) to increase the limit of Financial Service Compensation Scheme (FSCS) cover for deposits to 100 per cent has been welcomed by many in the industry.... Read more »