Personal loan rates ‘still increasing’

11 December 2008
Interest rates on personal loans are continuing to rise, despite recent cuts to the base rate, The Times reports.... read more »

Loans: Bank of England base rate cut to 2%

5 December 2008
The Bank of England has lowered its base rate to 2%, its lowest in over half a century, in a move that will raise hopes of cuts in mortgage and personal loan rates.... read more »

Brits `issue loans to loved ones`

21 October 2008
A significant number of consumers in the UK are issuing loans to their family members.... read more »

What is an unsecured loan?

13 January 2009
An unsecured loan is a loan that isn’t secured against something valuable (like a house or flat). So, from the lender’s perspective, it’s riskier than a secured loan. That means they’ll probably charge more interest than they would for a secured loan, and they’re more likely to restrict the maximum loan amount.... read more »

£4 billion of personal loans for home improvements

16 February 2009
£4 billion of personal loans for home improvements With the problems in the housing market putting many people off moving home, many homeowners have focused on improving their current property.... read more »

Home loans rise by 4% in April

28 May 2009
New statistics have shown a 4% rise in the number of home loan approvals in April, compared with March.... 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 »

Loan rates at 9-year high as debt defaults rise

2 February 2010
According to experts, banks are increasing the interest rates on personal loans as they try to recoup the losses arising from defaults on unsecured debts, the Telegraph reports.... read more »