Loans Articles: News, Guides & Advice

Secured loans have suffered a very sharp drop - but in-store credit is on the up.

People who would have borrowed from legal sub-prime lenders are now being turned down in greater numbers.

Taking out a 'consolidation' loan is commonplace - but others use the credit for beach huts and even mobile discos.

The customer's own credit-worthiness is attaining more importance among loans lenders.

A loans provider has shown that replacing an old vehicle is the single biggest reason for new car purchases.

More and more borrowers are having a tough time paying back their loans, latest management statements from banks suggest.

Barclays and Lloyds are battling the Competition Commission following its ban on 'point of sale' loans insurance.

An industry group has claimed that the loans are bearing up, despite falling house prices.

Some TV spots downplay the financial implications of taking out credit, according to the ASA's chairman.

Loan borrowing has dropped by 30 percent in a year according to the report.

Britons paid back more on their loans and overdrafts last month and mortgage lending levels remained low.

Equity release loans have dropped by almost a quarter in the past year, due in part to falling property prices.

The sector has been affected by the recent housing downturn - but a new consultation aims at strengthening equity release for the future.

Credit-fuelled shopping addictions are causing serious damage to the nation's personal finances according to a new study.

The merged bank will now be taken into closer government control, after agreeing to ringfence its toxic assets into a special taxpayer-backed insurance scheme.

Quantitative easing could begin very soon as the authorities try to stimulate the slowing economy.

The loans are given by parents to grown-up children and grandchildren, costing each household over £10,000 on average.

Firms have been requested to no longer sell the loans insurance from the end of May.

Confidence in banks has collapsed as the lenders tighten their criteria in the financial crisis.

Homeowners are turning to DIY rather than trying to sell their property - and are using personal loans to fund the renovation work.

The allegations are likely to prove embarrassing for government ministers.

The president of the Law Society of England and Wales has advised parents lending their children money to buy a home to prepare a document clarifying the details of the agreement.

The loans sector might be helped more by the Bank of England buying corporate bonds, analysis from a respected thinktank suggests.

The loans-boosting plan saw the Bank of England hand over £185 billion in "safe" bonds in exchange for almost £300 billion of banks' "toxic" assets.