British consumers will borrow an increased amount of money over the course of December 2007 than was the case during the same month last year, it has been suggested. After assessing the latest lending data published by the Bank of…
Money lenders around the UK have been tightening their loan criteria in recent months, according to a study by Moneysupermarket. The price comparison service insists that in each of the past six months fewer loans have been approved by lenders,…
Continue reading the "Money lenders ‘tightening criteria’" »
Competitive interest rates on personal loans could soon be a “thing of the past”, according to financial comparison firm Moneyfacts. A range of economic factors have seen money lenders become increasingly cautious in the UK and many of the most…
Continue reading the "Competitive loans ‘could soon be a thing of the past’" »
The Bank of England has opted to maintain the base rate of interest at its current level of 5.75 per cent, it has been revealed. Millions of credit consumers around the UK are struggling to become debt free and some…
Credit-hungry consumers in the UK have been urged to consider their options and choose the most appropriate form of borrowing available to them. Martyn Saville from the consumer group Which? is convinced that borrowers could avoid facing unnecessary fees and…
Continue reading the "Credit consumers urged to ‘choose the right card’" »
The Citizens Advice charity is set to call for action from businesses and regulators to stop the soaring levels of personal debt management difficulties being faced by consumers across the country. A conference is being held in London this week…
Continue reading the "Citizens Advice appeals for action over consumer debt" »
Borrowing money will become more difficult for would-be credit consumers across the UK in months to come, the chancellor Alistair Darling has made clear. With millions of people around the country struggling to become debt free, Mr Darling has warned…
Continue reading the "Borrowing money ‘will soon be more difficult’" »
Debt management is now the main reasons why UK consumers borrow money, one expert has suggested. Robin Amlot, senior editor of the Moneyextra.com website, insists that the so-called credit crunch that occurred earlier this year means that many people are…
Continue reading the "Debt management is ‘main reason for borrowing’" »
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
