Items tagged with: borrowing
Building society mortgage lending 'jumped in March'
4 May 2012
Mortgage lending by building societies and other 'mutuals' saw a sharp jump in March, compared with the same month last year, suggesting the mortgage market could be well on the road to recovery.
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Borrowing on loans 'up in February'
3 April 2012
The amount of money lent out in the form of personal loans increased once again in February, according to the latest statistics from the Bank of England - but borrowing on credit cards remained completely flat.... read more »
Personal loan borrowing down - but rates are still falling
7 February 2012
Borrowing on personal loans fell slightly in December, according to the latest Bank of England figures - but credit card borrowing stayed relatively flat for the fifth month in a row.... read more »
FLA: Less spending on credit cards and loans before Christmas
17 January 2012
Spending on credit cards and loans fell in November, new figures from the Finance & Leasing Association (FLA) show.
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Latest on call for payday loans cap
11 January 2012
As you may have read, some MPs are calling for a cap on the cost of high-cost credit such as payday loans. They're being backed on this by what might seem like an unlikely supporter - a payday loan provider.
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Potential fines for lending websites following EU investigation
11 January 2012
An EU-wide investigation by national enforcement authorities into 562 consumer credit websites in 27 Member States (plus Norway and Iceland) offering personal loans, credit cards and car loans, could result in fines for 'misleading' websites.
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Budgeting key to keeping down Christmas debt
30 November 2011
With Christmas now less than a month away, many of us will be rushing out to make sure the gifts, food and decorations are all taken care of. But for those of us who can't afford to fit it all into this month's salary, paying on credit card or overdraft may seem an attractive option.
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Chancellor delivers Autumn Statement
30 November 2011
Chancellor George Osborne has given his Autumn Statement, informing MPs of the state of the economy and the Government's plans for the future. Mr Osborne's statement came as the Office for Budget Responsibility (OBR) published its latest forecasts for UK growth and borrowing.
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Young adults 'still taking on more debt than other age groups'
28 November 2011
Almost a fifth (18%) of 16-24 year olds have already borrowed money to help them cover the cost of the festive season, according to research by insolvency trade body R3.
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Credit cards and personal loans 'still on the decline'
25 October 2011
There was a slight year-on-year increase in consumer credit in August, compared with the same time a year earlier - but most types of credit still saw a decline, according to the Finance & Leasing Association (FLA).
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Mortgage approvals on the rise - BBA
28 September 2011
More mortgage applications were approved in August than at any time in the previous 15 months, according to figures from the British Bankers' Association.... read more »
BBA: consumers focused on repaying debt
26 September 2011
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New figures show decline in new debt
25 August 2011
The latest figures from the Finance & Leasing Association (FLA) show that people are taking on less debt - from FLA members, at any rate.... read more »
Caution amongst consumers leads to fall in lending
24 May 2011
Consumer credit lending fell in March, according to the Finance & Leasing Association (FLA), mainly as a result of continued caution from consumers over getting into debt. ... read more »
Credit card borrowing shows slight annual increase
5 April 2011
Credit card borrowing increased by 3% in January, compared with a year earlier, according to figures from the Finance and Leasing Association (FLA).... read more »
FSA: many homeowners `borrowing too much on mortgage`
24 March 2011
Many homeowners are at risk of serious financial problems because they have borrowed too much on their mortgage, according to the Financial Services Authority (FSA).... read more »
What are the signs of a debt problem?
3 November 2010
Just because you don`t think you`re struggling with your debts now doesn`t necessarily mean the early signs aren`t there. Here are a few things to look out for. ... read more »
Credit card borrowing up in June
3 August 2010
Net credit card borrowing increased by £0.1bn in June, despite an overall fall in net consumer credit that month, according to the latest `Lending to individuals` report from the Bank of England. ... read more »
Spending on credit cards down 7%
28 July 2010
The latest consumer credit figures from the Finance & Leasing Association (FLA) have revealed that spending on `short-term credit arrangements`, such as credit cards, fell by 7% in the 12 months to May, compared with the previous year, headlinemoney.co.uk reports.... read more »
Borrowing and saving levels fall
8 June 2010
According to unbiased.co.uk, savings fell drastically in mid-2008, from around £39bn per quarter to £20bn, and they haven`t made a full recovery since - with the latest figures showing people are now saving just over £16bn, headlinemoney.co.uk reports.... read more »