Loans

Moneywise Best Buys

A quarter use personal loans to fund home improvements

Monday, 12 June 2017 | News

Almost a quarter of Moneywise readers have taken out a personal loan to pay for improvements to their home.

Funny money: Popstar pays fans’ university fees

Monday, 15 May 2017 | News

The cost of education continues to be a problem for many students, but a handful of people have been given a helping hand from an unlikely source.

Beware: shopping around for a loan could hit your credit score

Friday, 21 April 2017 | News

Consumers could be losing out financially by shopping around for a personal loan product, thanks to “underhand” credit searches conducted by lenders.

Student loan interest to rocket to 6.1%

Wednesday, 12 April 2017 | News

The headline interest rate charged on post-2012 student loans in England and Wales will increase to up to 6.1% in September.

Your ex-partner could damage your credit rating, Brits warned

Tuesday, 14 February 2017 | News

Millions of people remain financially linked to their former partners, even after they have closed down any joint accounts.

Deal of the week: Saga launches flat rate loan for over 50s

Friday, 13 January 2017 | News

Over 50s who struggle to meet the criteria of high street lenders can now take out a flat rate loan with Saga Money.

Struggling with unaffordable payday loans? You may be due a refund

Wednesday, 26 October 2016 | Article

Are you struggling with unaffordable payday loans? If your debts are spiralling out of control, you could be due a refund from lenders who have flouted the rules.

Personal loans drop to record low - but only for Nectar Card holders

Tuesday, 04 October 2016 | News

Personal loans have followed the base rate to new record lows, with Sainsbury’s Bank now lending at an unprecedented 3.1%, but only to people with a Nectar Card.

CFO Lending forced to pay £34m to payday loan customers

Monday, 19 September 2016 | News

A payday lender has been forced to pay £34 million in redress to almost 100,000 customers following the exposure of shoddy lending practices.

Bank of England governor hints at summer interest rate cut

Friday, 01 July 2016 | News

The Bank of England is likely to cut interest rates over the summer to cushion the blow to the economy from the Brexit vote, its governor, Mark Carney, has indicated.