Parents and grandparents borrowing more for family members
23 May 2012
Supporting children and grandchildren is pushing 1.7 million parents and grandparents to use loans, savings, overdrafts and payday loans, according to research from MoneySupermarket.com.
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Car loans 'up by a fifth' in March
22 May 2012
If you're thinking about taking out a loan to buy a new car in the near future, you might be pleased to learn that the number of cars bought on finance increased by more than a fifth (22%) in March.
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Could Professional and Career Development Loans help graduates?
16 May 2012
Professional and Career Development Loans (PDCLs) are available to graduates who wish to take on further education or training - but cannot fund it themselves.
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Availability of personal loans 'gradually improving'
15 May 2012
Lending figures for the first quarter of 2012 suggest that consumer credit markets are showing gradual signs of improvement.
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Could a credit card now be cheaper than a loan?
9 May 2012
In the past, personal loans have been preferred over credit cards for long-term borrowing. This is because, over a long period, credit cards could traditionally cost you a lot more in interest.
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Payday lender launches small business loans service
8 May 2012
Payday loan provider Wonga.com has launched a new service that could give small businesses access to loans almost as quickly as its consumer loan customers.
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Total lending to individuals 'rose by £1.4 billion in March'
2 May 2012
The newly released 'lending to individuals' statistics from the Bank of England show that total lending to individuals rose by £1.4 billion in March.
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20% of new car purchases 'will be funded by loans'
1 May 2012
Sainsbury's Finance predicts that 20% of car purchases between March and August this year will be funded by personal loans.
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Could the cost of payday loans be capped?
24 April 2012
Calls to give financial regulators the power to set a maximum cost for payday loans and other high-cost types of borrowing have been taken to a vote in parliament, the Guardian reports.
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Peer-to peer lender 'backlash' from savers
18 April 2012
Peer-to-peer lender Yes-Secure is facing a backlash from investors and savers as it announces it will cut the rates of interest it charges on loans, reports The Daily Mail.
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