Loans

Should you take advantage of cheap loan rates while they last?

Many mortgage borrowers will have been disheartened to see banks and building societies start to increase their interest rates soon after the Bank of England raised the base rate.

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Student loan system absurd and flawed, say MPs

Friday, 11 May 2018 | News

A group of MPs is calling on the government to review the measure of inflation used to calculate interest rates on student loans, describing the current system as “absurd”.

A creative genius preying on the poor

Thursday, 03 May 2018 | Article

Have you ever wondered who came up with those marvellous loan products with fantastically high interest rates?

A quarter of new parents get into debt

Friday, 27 April 2018 | News

Parents are racking up £2,700 in debt as they struggle to make ends meet while on maternity or paternity leave. 

Government targets loan sharks

Wednesday, 25 April 2018 | News

A crackdown on loan sharks will tackle unlawful lending and increase support for victims. 

FCA warns over rising loan scams

Tuesday, 24 April 2018 | News

Borrowers are being urged to be on alert after victims lost £3.5 million to loan scams in 2017. 

Loans: borrow a little extra and you could pay back less

Thursday, 19 April 2018 | News

Consumers taking out a loan could more than half the amount of interest they pay by borrowing just £100 extra, research reveals.

Student loans interest rates climb to 6.3%

Wednesday, 18 April 2018 | News

The headline interest rate on student loans has risen to 6.3%. 

Student loan repayment threshold raised

Friday, 06 April 2018 | News

From today, the way you repay your student loan has changed. The salary threshold for when you start repaying your loan has been raised and, for many, the amount you’ll repay each month has fallen.

To be charged for a student loan or not to be charged, that is the question

Tuesday, 27 March 2018 | Blog | By Helen Knapman

Hamlet’s soliloquy is one I studied during my A-levels, while weighing up whether to go on to study for an English literature or a journalism degree.

High student loan interest rates deemed ‘questionable’ by MPs

Sunday, 18 February 2018 | News

The government must consider lowering the high interest rates it charges on student loans, a cross-party group of MPs has said.