42% jump in new car loans in January
13 March 2021
More than 33,000 people bought a new car on finance in January this year - a sharp rise in a month that is normally quiet for new car sales, according to the Finance & Leasing Association (FLA).
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New directory aims to help businesses find loans
7 March 2021
One group hit hard by the credit crunch are small businesses, many of whom have complained about the difficulty of finding a loan these days - and the fact that it's holding them back as they try to expand.... read more »
Loans to family 'up by nearly a third'
6 March 2021
The amount of money being lent between family members has increased by almost a third in the last five years, according to research by Scottish Widows.... read more »
OFT looks into concerns about payday loans
28 February 2021
The Office of Fair Trading (OFT) has launched an extensive review of concerns surrounding the payday loans industry - particularly focusing on the way they deal with financially vulnerable customers.... read more »
Loan costs falling further
22 February 2021
We've seen further declines in the cost of personal loans - especially when it comes to larger loans. An article on thisismoney.co.uk provides the details.... read more »
Spending down on personal loans in 2011
15 February 2021
According to the latest figures from the Finance & Leasing Association (FLA), spending on personal loans and credit cards fell by 2% in December 2011, compared with the same month in 2010.... read more »
Thinking of applying for a loan? How's your credit rating?
8 February 2021
It's a well-known fact that a poor credit rating can affect your chances of getting the loan, credit card, mortgage or bank account that you're applying for. But how many people are damaging their credit rating by missing bills?
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Personal loan borrowing down - but rates are still falling
7 February 2021
Borrowing on personal loans fell slightly in December, according to the latest Bank of England figures - but credit card borrowing stayed relatively flat for the fifth month in a row.... read more »
Credit Unions: a cheaper alternative to payday loans?
31 January 2021
Research suggests that rising bills have led to a surge in popularity of payday loans. But the Irish League of Credit Unions (ILCU) points out that your local Credit Union could provide a much cheaper alternative.... read more »
Interest rates on loans and credit cards 'have been falling'
24 January 2021
Interest rates on credit cards and new personal loans fell in the three months to November, figures from the Bank of England show - meaning it was cheaper for people to borrow money than in previous months.
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