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- Cheap loans 'may be returning' - 3rd June, 2009
Statistics from the Bank of England reveal that lending in the UK has picked up slightly recently, suggesting that cheap loans may be returning to the market.
The bank's latest official statistics, released yesterday, show that the increase in net lending secured on dwellings for April was £1 billion, making it higher than the March increase of £0.6 billion... - Nationwide makes cheap loans available - 7th May, 2009
Nationwide has announced that it has lowered the interest rates on some of its personal loans, making it easier for UK consumers to borrow cheaply.
The building society announced that personal loans of between £7,500 and £14,999 will now charge a typical annual percentage rate (APR) of 7.9 per cent, as opposed to its previous typical rate of 8.2 per cent APR... - People in the UK 'paying off financial loans' - 5th May, 2009
Credit Action, the national debt-management charity, has published research which reveals that increasingly, people in the UK are reducing their total amount of personal debt faster by paying off their financial loans quicker.
The charity found that the total personal debt in the UK at the end of March 2009 stood at £1,459 billion.
However the increase in March this year was £28 billion, compared to the increase of £116 billion for January 2008... - Home improvement loans remain popular, says survey - 29th April, 2009
Research by the AA has found that home improvement loans have remained popular despite the recession, as many people look to work on their properties rather than selling them.
A survey by AA Personal Loans found that one-quarter of homes in the UK are set to increase in size before the end of the recession as nearly five million people have decided against selling their home... - New car finance 'will appeal to 1.5 million UK drivers' - 27th April, 2009
Around 1.5 million motorists in the UK are likely to take advantage of the new car finance offered by the government's car scrappage scheme, new research has shown.
The study, conducted by car insurance provider Experian, revealed that around 7.1 million vehicles currently being driven in the UK would be eligible to take part in the scheme... - New car finance allowance to be offered by government - 23rd April, 2009
New car finance grants will be offered to people in the UK who wish to trade in their old vehicles for more modern, fuel-efficient models, the government has announced.
In his Budget speech yesterday, Alistair Darling announced the introduction of the nationwide car scrappage scheme which will see drivers of vehicles which are ten years old or more given grants of up to £2,000 to swap them for newer, more environmentally friendly cars... - New car finance 'would prove popular' - 21st April, 2009
The proposed new car finance scheme would prove popular should the government decide to include it in tomorrow's budget, according to a recent survey.
Conducted by uSwitch, the poll reveals that around 250 million Brits would be in favour of a government-sponsored new car finance scheme which would see motorists offered financial loans to trade in old vehicles for newer, greener models.
A similar scheme put in place in Germany has helped the car manufacturing market expand by 39.9 per cent in the last month, providing a vital boost to a recession-hit industry... - Dealing with debt 'a priority for Brits' - 17th April, 2009
Dealing with debt was a priority for many people in the UK in the second half of last year, new research has shown.
According to the study, conducted by Unbiased.co.uk, Brits began 2008 borrowing 66 pence for every pound that was saved as they took advantage of cheap loans. However, by the last quarter were repaying their debt at a rate of £1.76 for every pound saved.
Overall, the websites figures show that 2008 is the first year during which people in the UK have paid off more debt than they have borrowed... - Cheap loans 'may return to the market' - 17th April, 2009
Cheap loans, which have been hard to come by in the UK since the onset of the credit crunch, may return to the market if current trends continue, according to research released recently.
The study, conducted by moneysupermarket.com, has revealed that the average rate of interest charged on financial loans is falling, as competition returns to the marketplace... - Leeds Building Society announces "strong" results - 26th February, 2009
Leeds Building Society has published its figures for the previous year, which it claims show that it is in a strong position despite the recent crisis which is currently affecting many financial institutions.
The mortgages and savings account provider revealed that it made a pre-tax profit of £20.3 million and that its total assets had grown by more than £900 million and now total £10.1 billion...