Loans news
- OFT offers loan information to investors and creditors - 29th January, 2010

The Office of Fair Trading (OFT) has issued loan information advice to lenders and borrowers regarding when debts might be enforced.
It was determined that fresh guidance was necessary because the OFT found that some debtors were being given a false impression regarding their chances of having debts written off... - Kent Trading Standards say loan sharks exploit dearth of cheap loans - 25th January, 2010

People who provide consumers with cheap loans are escaping punishment for unscrupulous business dealings because victims are afraid to step forward, reports Kent News.
Intimidation tactics have meant that, in the last year, Trading Standards has failed to successfully convict a single loan shark in the Kent area... - Sainsbury's Finance is offering cheap loans to shoppers - 21st January, 2010

Sainsbury's customers are being urged to take advantage of its cheap loan deal rate of 7.9 per cent APR typical.
MoneyExpert.com claims that the average rate on a non-secured personal loan between £7,500 and £15,000 is currently 10.4 per cent... - Website reveals loan rates are falling - 20th January, 2010

Moneysupermarket.com claims that personal loan rates are beginning to fall.
The website, which provides consumers with loan information and advice, revealed that the average rate of the top ten loan deals had sunk to 8.35 per cent... - Illegal lenders 'should never be approached' in cheap loans quest - 19th January, 2010

Britons searching for cheap loans have been strongly advised to avoid approaching illegal lenders.
New research, conducted by thinktank the Financial Inclusion Centre and published by Circle Anglia, has suggested that as many as 100,000 UK consumers attempted to secure deals from loan sharks over the recent festive period... - Cheap loans customers 'should move fast' to pay off debts - 14th January, 2010

Britons looking to take out cheap loans should be aware that low interest rates may not last for much longer, it was suggested yesterday (January 13th).
Writing for the Independent, Hamish McRae claimed that it is "utterly abnormal" to prevent savers from making substantial returns with the current 0.5 per cent base rate... - Car loan customers reminded of scrappage scheme benefits - 13th January, 2010

The government's car scrappage scheme has led to almost 290,000 new car registrations in the UK, it has been confirmed.
With auto sales figures dwindling, the initiative was launched last year to provide consumers with discounts if they exchanged their old vehicles when purchasing newer, more fuel-efficient offerings... - Home improvement loans 'ideal' for Hampshire residents - 12th January, 2010

Hampshire residents have been urged to take advantage of home improvement loans currently being offered by local councils, Portsmouth Today reports.
The loans, which are interest-free, secured on a homeowner's property and repaid when it is sold, are designed to provide a helping hand with work costing over £5,000... - Expert offers key post-Christmas loan information - 11th January, 2010

Britons should steer clear of applying to a number of different companies for loans, according to a new report on Saturday (January 9th).
As the new year continues apace, a large number of Britons will be looking into the possibility of securing a short-term financial boost after having an expensive festive period... - Britons 'should approach existing providers' for cheap loans - 7th January, 2010

Britons looking for cheap loans in order to restructure their debts should approach companies they are familiar with, it was suggested today (January 7th).
With the new year now well underway, many households will be exploring their options after wracking up considerable expenditure over the festive period...