LATEST LOANS NEWS
Be a smart Christmas shopper urges Citizens Advice (4th December 2007)
As demands on people’s finances are increasingly pushed to their limits national charity Citizens Advice is urging everyone to avoid a debt hangover and become a smart shopper as Christmas approaches. More...
CML research sees future for long-term fixed rates (4th December 2007)
New CML research and analysis looking at long-term fixed-rate mortgages suggests that there is a reasonable consumer appetite for such products. But the costs and constraints of funding the flexible features that would make them more attractive to consumers are likely to continue to constrain their take-up unless the government incentivises them further. More...
GMAC Closes U.K. High Street Home Loans Unit (12th October 2007)
GMAC LLC, the former financing unit of General Motors Corp., is closing its U.K. High Street Home Loans unit and cutting 200 jobs because of "unprecedented volatility" in global credit markets. More...
Ban on 'too light hearted' TV loans advert (12th October 2007)
A TV commercial for a personal loan company broke advertising rules because it implied borrowing large sums of money could be treated lightly, the industry watchdog ruled today. More...
Changes should bring cheaper loans (27th September 2007)
At the start of August, before the onset of turmoil in the financial markets, the RBS economics team was forecasting one more quarter-point hike in interest rates in the UK and two more in the euro area. More...
Online Service Helps Secure Loans for Buy to Let Property (27th September 2007)
With mortgage lending tightening across the UK following the recent credit crisis sparked by sub-prime lending problems in the U.S, many property investors will soon find they must work much harder to demonstrate their financial standing if they are to be granted the loan facilities they need to continue their business. More...
