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Borrowers pay back £400m in month
A record £400 million was repaid from personal borrowings in December as consumers continued to shrink their debts, the Bank of England has said. The net repayment of £400 million... Read more
More stories on Loans
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Borrowers pay back £400m in month
Jan 31, 2012
A record £400 million was repaid from personal borrowings in December as consumers continued to shrink their debts, the Bank of England has said. The net repayment of £400 million...
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Outcry over payday loan collection clause
Jan 30, 2012
The use of 'continuous payment authority' or CPAs clauses, is dropping relatives and friends of debt-laden consumers in hot water
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Tougher scrutiny for payday lenders
Jan 28, 2012
Payday lenders will face tougher scrutiny under the new financial regulator, which will have beefed-up powers to behave proactively and impose unlimited fines on firms who breach the rules
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Wonga student loan article removed after outcry
Jan 12, 2012
Short-term lender Wonga.com has announced that it is taking down information on student finances from its website following accusations it was encouraging undergraduates to take out one of its high-interest loans
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Loan sharking helps make the Mafia Italy's biggest business
Jan 11, 2012
As Italy faces the same problem as the UK over bank lending to small business, the Mafia has stepped up its loan sharking with more than 200,000 customers in bed with the Mob.
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M&S loan rates lowest for four years
Jan 05, 2012
Shop around to take advantage of cheap deals, borrowers told as personal loan rates plunge to their lowest level in four years
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More young people 'taking out DROs'
Dec 29, 2011
The "bleak" financial situation faced by the younger generation has been laid bare, as official figures showed that more people aged between 25 and 34 are turning to a type of insolvency known...
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Will Barclays bonuses be cropped over PPI mis-selling?
Dec 15, 2011
Bob Diamond told MPs that the PPI mis-selling scandal would come up in remuneration discussions, leading to speculation that bankers could finally lose some of their bonuses for making terrible decisions that harmed their customers. The question is whether any of it was really meaningful at all.
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French debt worries rise
Dec 07, 2011
France's debts to other countries are on the rise - as are capital flight fears. A two-tier Europe has just got that bit closer.
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3.5m Brits considering payday loans
Dec 07, 2011
Survey reveals 7% of British adults would be tempted to take out a short-term loan over the next six months, which can result in interest rates of several hundred per cent being charged
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Lloyds vows to target £12bn loans
Nov 23, 2011
Lloyds Banking Group has vowed to step up lending to Britain's small and medium-sized businesses by targeting at least £12 billion of loans next year. The funding will help businesses with...
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The five secrets to getting a cheap loan
Nov 23, 2011
Some loans are getting cheaper, while others are gradually getting more expensive. We reveal the five secrets to beating the markets and bagging a great loan rate
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Small businesses know claims of bank lending are not the true story
Nov 17, 2011
While Project Merlin has seen banks hit their lending targets in most areas, why are loans to small businesses still lagging behind?
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Setting the record straight on student loans
Nov 10, 2011
Find out how the new tuition fee system works and why students will actually be £540 a year better off
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Your chance to win £1,000 with Moneyfacts
Nov 10, 2011
In partnership with Moneyfacts, we bring you the 2011 Consumer Money Survey. It's your chance to win £1,000 in prizes and give credit where credit's due
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