Sainsbury’s Finance has announced a cut in the rate of its personal loans for online customers. The lender is reducing the typical annual percentage rate from 8.9 per cent to 8.2 per cent for loans ranging from £7,000 to £15,000.…

Credit card interest rates are likely to remain the same over the coming year, it has been predicted. Peter Harrison, head of credit cards at price comparison website moneysupermarket, stated that rates will remain unchanged in 2009, despite the recent…

New standard fixed-rate mortgages have been introduced by NatWest and the Royal Bank of Scotland (RBS), it has been announced. The new deals feature a reduction in rates by up to 0.4 per cent, with customers who take out a…

Many customers are still missing out on lower credit card interest rates despite the recent announcement of new moves by lenders to improve the treatment of customers, it has been claimed. According to Fool.co.uk, a quarter of borrowers do not…

Nationwide Building Society has announced the introduction of a new two-year tracker mortgage. The new finance option, which is available from today, carries an interest rate starting at 4.99 per cent for a 60 per cent loan-to-value (LTV) and a…

Abbey has announced a cut in the rates applying to its five-year fixed-rate mortgage options. The move, which came into effect on Friday November 28th, has taken up to 0.45 per cent off the interest rates of its mortgages set…

The government has urged credit card companies to help consumers in efforts to clear debt. Providers were summoned to a meeting with business secretary Peter Mandelson and consumers affairs minister Gareth Thomas following findings that borrowers are being charged particularly…