News Archive - Articles Published in Loans
Loans Trends 'Reflect Downturn'27 May 2009 | by Peter WakefordSecured loans have suffered a very sharp drop - but in-store credit is on the up. Loan Sharks Smell Blood in Economic Downturn26 May 2009 | by Peter WakefordPeople who would have borrowed from legal sub-prime lenders are now being turned down in greater numbers. Loans Review Reveals 'Unconventional Borrowers'26 May 2009 | by Peter WakefordTaking out a 'consolidation' loan is commonplace - but others use the credit for beach huts and even mobile discos. Credit Warning Issued by Financial Firm21 May 2009 | by Peter WakefordThe customer's own credit-worthiness is attaining more importance among loans lenders. Britain's Car Culture 'Has Changed Drastically'15 May 2009 | by Peter WakefordA loans provider has shown that replacing an old vehicle is the single biggest reason for new car purchases. Lloyds and Barclays Highlight 'Bad Debt' Increase07 May 2009 | by Peter WakefordMore and more borrowers are having a tough time paying back their loans, latest management statements from banks suggest. Banks Face Criticism for PPI Decision05 May 2009 | by Peter WakefordBarclays and Lloyds are battling the Competition Commission following its ban on 'point of sale' loans insurance. Equity Release Loan Amounts 'Rise 15%'01 May 2009 | by Peter WakefordAn industry group has claimed that the loans are bearing up, despite falling house prices. Personal Loan Ads 'To Be Banned'30 Apr 2009 | by Peter WakefordSome TV spots downplay the financial implications of taking out credit, according to the ASA's chairman. Consumers shy away from unsecured loans, says FLA30 Apr 2009 | by Peter WakefordLoan borrowing has dropped by 30 percent in a year according to the report. BBA Statistics Show Muted Loans Market27 Apr 2009 | by Peter WakefordBritons paid back more on their loans and overdrafts last month and mortgage lending levels remained low. Lender Sees Sharp Decline in Equity Release Loans15 Apr 2009 | by Peter WakefordEquity release loans have dropped by almost a quarter in the past year, due in part to falling property prices. Financial Firms 'Not Dealing With Complaints Properly'14 Apr 2009 | by Peter WakefordThe Ombudsman sees significant deficiencies in the firms' current attitude towards customers. Equity Release Loans Investigation Continues27 Mar 2009 | by Peter WakefordThe sector has been affected by the recent housing downturn - but a new consultation aims at strengthening equity release for the future. Financial Firm Highlights 'Rise of the Shoporexics'13 Mar 2009 | by Peter WakefordCredit-fuelled shopping addictions are causing serious damage to the nation's personal finances according to a new study. Lloyds Unveils New Government Insurance Help09 Mar 2009 | by Peter WakefordThe merged bank will now be taken into closer government control, after agreeing to ringfence its toxic assets into a special taxpayer-backed insurance scheme. Bank of England 'Likely to Start Printing Money'02 Mar 2009 | by Peter WakefordQuantitative easing could begin very soon as the authorities try to stimulate the slowing economy. 'Family Loans' Leave Parents With Debt Problems25 Feb 2009 | by Peter WakefordThe loans are given by parents to grown-up children and grandchildren, costing each household over £10,000 on average. FSA Urges Firms to Withdraw Single Premium PPI25 Feb 2009 | by Peter WakefordFirms have been requested to no longer sell the loans insurance from the end of May. Desperate Small Firms 'Turning to Family Loans'20 Feb 2009 | by Peter WakefordConfidence in banks has collapsed as the lenders tighten their criteria in the financial crisis.