July loans to consumers `down on June`

26 August 2009
New figures for July have shown a net fall in the level of consumer credit in the economy, despite a rise in mortgage lending.... read more »

Lower interest on loans indicates market may be recovering

21 August 2009
The loans market may be recovering, it has been claimed, after a major loan provider reduced the interest rates it charges on personal loans.... read more »

Banks under pressure to loan more

14 August 2009
Pressuring banks to provide more loans, the Bank of England (BoE) has threatened to cut the interest rate it pays to high street lenders.... read more »

Home loan offers `rose by 23% in June`

13 August 2009
The number of home loans increased by 23% in June, compared with the previous month, according to the Council of Mortgage Lenders (CML).... read more »

Loans: effectiveness of quantitative easing questioned

6 August 2009
Ahead of the Bank of England`s decision on whether to extend its quantitative easing scheme, official figures showed slow growth in the `underlying money supply`, raising questions over the effectiveness of the scheme.... read more »

Loans: borrowers to be given stronger protection

30 July 2009
A new proposal from the Department for Business, Innovation and Skills (BIS) is set to give greater protection to people who take out credit and store cards and personal loans.... read more »

June loan figures released

27 July 2009
According to the British Bankers` Association (BBA), the net change in June for consumer credit (loans, overdrafts, etc.) was £-0.1bn, the same as the previous six-month average.... read more »

Loan providers to meet stricter requirements

27 July 2009
In a bid to promote responsible borrowing and lending, the government has announced new plans to strengthen the protection that exists for consumers who need to take out credit.... read more »

Inter-bank loan rate falls to lowest level in 23 years

23 July 2009
LIBOR (London Inter-Bank Offered Rate) - the average rate at which banks lend to each other - has fallen below 1% for the first time since 1986, prompting hopes for cuts in interest rates on personal loans and other forms of credit.... read more »

`Green loans` set to help eco-friendly homeowners

22 July 2009
The Government is set to offer `green home loans` to homeowners looking to make their homes more eco-friendly, according to The Times.... read more »

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