Loans And Credit
The cheapest methods of short-term borrowingIf you need to borrow money for a short period then find out what is the cheapest way to borrow. |
MPs support an end to "free banking"The Chairman of the Treasury Select Committee, Andrew Tyrie MP says regulators should "remove obstacles stopping banks from charging." |
Bank card phone scam on the increaseA new type of fraud, where people are telephoned by fraudsters and duped into revealing their PIN and handing over their bank card to a courier, is on the rise. |
Payday lenders sign up to voluntary guidelinesPayday loan companies have pledged to improve transparency and better protect vulnerable borrowers, the Government has announced. |
Catalogue debt on the increase, warns money advice charityA UK debt helpline received more calls from consumers struggling with catalogue debts than with rent, mortgages or payday loans, it has emerged. |
Bank of England minutes hint that more QE is likelyBank of England policy makers have hinted that some of their members were on the verge of voting to increase quantitative easing (QE). |
Public sector net borrowing surplus due to Royal Mail windfallThe UK’s public finances recorded a record surplus in April, but it was due to a £28 billion transfer in from the Royal Mail's pension assets latest figures reveal. |
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. |
Moneyline wins responsible lender of the year awardMoneyline, the Blackburn-based social business that lends money to customers largely sidelined by banks, has been named Responsible Lender of the Year. |
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. |
Boom years under Labour fuelled by household debt and borrowingA new report from the National Institute of Economic and Social Research (NIESR) says that the economic boom of the new Labour years was fuelled by overborrowing. |
‘Consider the long term rate’ when it comes to credit cardsThe number of credit cards offering a standard long term APR has fallen by 35 per cent over the past five years, according to new research. |
Sainsbury’s promises to beat competitors’ personal loan ratesSainsbury’s has pledged to beat rivals’ lending rates for customers who successfully apply for a standard personal loan with the supermarket bank. |
Wonga to launch loans for small businessesPayday lender Wonga is entering the business loans market, offering up to £10,000 after an application process taking just 15 minutes. |
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. |
Insolvency figures hide true picture of debt in the UKThere was a rise in bankruptcies in the first quarter of 2012 but personal insolvencies declined, according to the Insolvency Service but experts believe the true picture may be distorted. |
Eurozone unemployment up by almost 500,000 in three months169,000 people in the 17 countries of the eurozone lost their jobs in March taking the total in the first quarter of 2012 to 493,000 fuelling concerns of an escalation of the euro debt crisis. |
Sainsbury’s Bank offers best buy personal loan at 5.9%Sainsbury’s Bank has leapt to the top of the best buy tables with a personal loan at 5.9 per cent – the lowest rate offered by lenders for almost five years. |
Visa to launch V.me digital wallet in UK in autumn 2012Visa has announced that it will launch its new digital wallet, V.me in three European countries, including the UK later this year. |
Consumer confidence jumps in March but inflation may douse hopesThe Nationwide consumer confidence index for March shows a nine point increase to 53 to reach a nine-month high but remain around 25% below the long-term average. |
Government borrows more than expected – but hits targetGovernment borrowing went up to £18.2 billion last month, despite experts’ predictions that it would fall, official figures released today reveal. |
MBNA unveils 20 month 0% balance transfer credit cardMBNA has launched a credit card offering zero per cent interest on balance transfers for 20 months. The card has a representative rate of 16.9% APR variable. |
Investigation suggests security concerns over Barclaycard Pay TagShoppers will soon be able to pay for items using a tiny sticker that attaches to the back of their phone, wallet or keyring. |
IMF uplifts UK growth forecast but warns on austerityThe IMF has published its latest World Economic Outlook and says prospects have improved globally but the euro debt crisis remains a threat to the world economy. |
Consumers paying over the odds for credit card ‘pitfalls’A worrying amount of UK consumers may be paying over the odds on credit card repayments simply due to poor credit card practice, MoneySupermarket is warning. |
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