News

 

• Bank tumult continues to stalk housing sector
  London 22 Sep 2008
  According to experts, homeowners can expect further fall in the prices of property in the near future, with the existing global crisis depicting its ugliest form ever. .......[more]
• Mortgage rate back to pre-crunch time
  London 08 Sep 2008
  The financial data group Moneyfacts here on Tuesday declared that the two years average mortgage rate has gone back on the same level, where it stood in the pre-liquidity crisis period. .......[more]
• Job Generation In Financial Sector
  London 04 Aug 2008
  Scotland has seen a phenomenal growth in employment in financial services. This growth is more in Scotland than anywhere else in UK. Jobs in the banking sector rose by 24,000. .......[more]
• Credit crunch all set to get worse
  London 28 July 2008
  According to a survey done by the Bank of England, there are clear signals of credit squeeze further intensifying for businesses and households. .......[more]
• Commodity prices sweeping new crimewave
  London 08 July 2008
  In the recent times, catalytic converter and heating oil are the most targeted commodities for the crooks. .......[more]
• Households feeling the pinch of inflation
  London 05 July 2008
  The purchasing power of average Britons is reducing drastically due to low disposable income.......[more]
• Savings is going to be more lucrative
  London 26 Jun 2008
  The foreign banks operating in the UK are offering more interest on saving accounts. More and more Britons are interested to bank upon them......[more]
• Anticipation of rate hike granulating faster
  London 12 Jun 2008
  Investors across the UK are now skeptic about unthinkable prospect of interest rates rising within months due to inflation and rise.....[more]
• B&B sounds caution on mortgages
  London 04 Jun 2008
  If a report published by the Bradford & Bingley is to be believed, the mortgage market is in store for some troubles in the coming days. The institution cut down the costs on its urgent fund-raising in order to ensure back up support from the private equity players. It but ended up hitting bank shares over the continent....[more]
• Drying loan options empower overdraft
  London 03 May 2008
  Britons are taking out bigger overdrafts because banks are cutting back on lending for personal and unsecured loans. ....[more]
• Interest hike bothering borrowers
  London 29 June 2007
  The interest rate hike by the Bank of England has taken a heavy toll on borrowers, who are missing payments more frequently ....[more]
• Missing repayments is not a solution
  London 23 June 2007
  Experts say that some people are not taking unsecured loan repayments seriously because there is not much at stake. ....[more]
• 79 per cent of Brits hit by unexpected expenses
  London 22 June 2007
  Majority of Brits who were hit by unexpected expenses last year resorted to borrowing through credit cards. ....[more]
• Further rise in interest rates around the corner
  London 17 May 2007
  The Bank of England (BoE) is likely to increase the base rate of interest in order to bring down the rate of inflation. ....[more]
• Credit cards becoming difficult amidst rising bad debts
  London 3 April 2007
  Apart from credit cards, there are many other unsecured finance options available in the UK financial market....[more]
• Unsecured loans creating troubles for spendaholic women
  London 9 March 2007
  The debts incurred by the shopaholics have reached approximately £11,337.87. Almost three quarters of this debt relates to purchases for fashion and grooming....[more]
• Demand for personal loans declined
  London 27 February 2007
  Demand for personal loans witnessed a decline in February. This fact has been revealed through the figures released by the Major British Banking Groups....[more]
• Personal loans rate may rise
  London 27 February 2007
  The hiking of base rate by bank of England may cause lenders to raise personal loans interest rate...[more]
• Consumers taking personal loans to consolidate their debts
  London 21 February 2007
  Many UK borrowers are relying on personal loans to consolidate their debts. ...[more]
• Unsecured borrowing is on slow pace
  London 14 February 2007
  It has been found that unsecured personal borrowing during 2006 has increased in a slow pace since 1994. ...[more]
• Recent base rate increase by The Bank of England
  London 27 January 2007
  Recently, the Bank of England has increased the base rate. ...[more]
• Unsecured debt on the rise in UK
  London 8 January 2007
  According to a CBI survey, 30 % of banks and 78 % of building societies were expecting a rise in bad loans from January to March this year. ...[more]
• Personal insolvencies escalating in the UK
  London 3 January 2007
  More than 30% of the debt in Europe is in the UK ...[more]
• UK Government requested to relax the repayment rules for personal loans
  London 19 December 2006
  UK borrowers find it difficult to tackle debt due to the penalty fee ...[more]
• Peer groups influencing spending patterns
  London 15 December 2006
  A research reveals that young people are being persuaded by their peers to spend money they simply do not have. This tendency has the potential to drive people towards personal loans. ...[more]
• Research before seeking unsecured loans
  London 6 December 2006
  Reports have revealed that people who have taken unsecured loans for home improvements have paid back as much as quarter of the amount that they have borrowed ...[more]
• Finance your car with loan to save substantially!!
  London 22 september 2006
  Research by Alliance & Leicester Personal Loans reveals that financing a car with personal loans...[more]
• Britons, facing early repayment penalties on loans!!
  London 21 september 2006
  Early repayment penalties are detrimental to the interests of the consumers who try to do the right thing with their money...[more]
• Loans repayment penalties are not helping consumers in Britain!!
  London 21 september 2006
  Actually, people who pay back a loan before the completion of the term have to pay early repayment penalties...[more]