Payday lenders sign up to voluntary guidelines
Payday loan companies have pledged to improve transparency and better protect vulnerable borrowers, the Government has announced.
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Payday lenders sign up to voluntary guidelines
Payday loan companies have pledged to improve transparency and better protect vulnerable borrowers, the Government has announced.
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Catalogue debt on the increase, warns money advice charity
A UK debt helpline received more calls from consumers struggling with catalogue debts than with rent, mortgages or payday loans, it has emerged.
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‘Dangerous myth’ of free banking must end, says Bank official
Free banking is a “dangerous myth” and it should come to an end, according to Bank of England executive director Andrew Bailey.
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Bank of England minutes hint that more QE is likely
Bank of England policy makers have hinted that some of their members were on the verge of voting to increase quantitative easing (QE).
Loans and Credit News
Brits ‘caught in payday loans downward spiral of debt trap'Consumers relying on payday loans are getting trapped in a downward spiral of debt caused by exorbitant penalty charges, new research reveals. |
UK trade deficit narrows helped by non-EU exportsOfficial data from the Office for National Statistics showed exports to the US, China and Russia helped the UK narrow its trading gap between imports and exports in March. |
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Boom years under Labour fuelled by household debt and borrowing |
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Consumer confidence jumps in March but inflation may douse hopes |
Finance In-depth
11 great credit cards that cover all types of spendingWe present the best credit cards for different types of use. From balance transfer and zero interest cards to cashback and low interest credit cards, find the right one for you. |
Bank of England minutes reveal MPC split on level of QEThe minutes from the Bank of England's Monetary Policy Committee's latest meeting reveal that a QE boost of £75bn was considered but members voted 7-2 for £50bn. |
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Borro.comborro is the leading short term asset lender in the UK, lending two times more money and at better rates than competitors. We offer quick, short term loans against valuables including jewellery, luxury watches, fine art, antiques, luxury & classic cars, yachts and more. |
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