loans

Tuition fees repayment threshold to rise to £25,000

Monday, 02 October 2017 | News

Graduates will be able to earn £25,000 a year before they are required to make any payments against their student loan from the 2018/19 academic year, with annual fees being frozen at £9,250.

Zopa customers battle against loan sale delays

Monday, 11 September 2017 | News

Zopa users are reporting significant delays when trying to sell their loans, with the firm battling against slow speeds on its platform.

Sharp rise in personal loans ‘dangerous’ for the economy

Tuesday, 25 July 2017 | News

The Bank of England has warned that a sharp rise in personal loans could be dangerous for the economy as the nation continues to increase its debt.

Students face £57,000 debts on leaving university

Wednesday, 05 July 2017 | News

The poorest university students face total debts of more than £57,000 on graduating, according to new research.

Zopa to launch Innovative Finance Isa while axing ‘safeguard’ fund

Thursday, 25 May 2017 | News

Peer-to-peer (P2P) provider Zopa is set to launch its first Innovative Finance Isa (IF Isa), it’s announced today, although the retirement of its “safeguard” fund could leave investors more exposed to bad loans.

Bank of Mum and Dad to fund a quarter of properties in 2017

Tuesday, 02 May 2017 | News

Parents will lend more than £6.5 billion in 2017 to help their kids get onto the property ladder, putting it on a par with the UK’s ninth largest mortgage lender (Yorkshire Building Society), according to new research by...

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 sell off launched: government says “no impact” on borrowers

Monday, 06 February 2017 | News

Graduates with student loans issued by an English local authority that entered repayment between April 2002 and April 2006 may see their loans sold by the government in the next few months.

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.