Loans

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.

Short-term loans that won't break the bank

Thursday, 09 June 2016 | Article

In the past decade, much has changed about the way we borrow money. Traditional lenders have become more picky about who they will lend to, and low interest rates have made borrowing much cheaper.

Payday loan ads to be banned from Google

Thursday, 12 May 2016 | News

Payday lenders will be banned from advertising on Google from 13 July.

Payday lender Cash Genie goes into liquidation - compensation available

Thursday, 07 January 2016 | News

12,000 customers of failed payday lender Cash Genie are still to claim compensation worth on average around £175.

How the credit ratings agencies know your worth

Friday, 04 December 2015 | Article

We all know how important it is to check your credit rating, and that having a decent score will improve your chances of being able to borrow at the best rates.

Autumn Statement 2015: bad news for student loan borrowers

Thursday, 26 November 2015 | News

The Chancellor announced a series of changes to student loans in his Autumn Statement, including retrospective tweaks that have led to accusations of the government “mis-selling” the loans.

Payday lender forced to repay £15.4 million to customers

Monday, 26 October 2015 | News

A payday lender has been ordered to pay £15.4 million redress to more than 147,000 customers by the UK’s financial regulator.

TSB gives car loan customers free MOTs

Wednesday, 16 September 2015 | News

Car buyers can get free MOTs when taking a personal loan to buy a car thanks to a limited-time offer from TSB.

25% of students have borrowed £350 in payday loans

Tuesday, 25 August 2015 | News

Some 25% of undergraduate and postgraduate students in the UK owe an average of £342 to payday lenders.

Personal loan rates at lowest-ever levels

Tuesday, 25 August 2015 | News

Personal loan rates for sums of £5,000 and £7,500 have fallen to their lowest ever.