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Worries rise on loan break fees
Apr 16, 2012
Some of the UK commercial property market is bearing the brunt of huge break-up fees from swap products, pushed by UK banks. Another mis-selling worry?
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Sub-prime firm cannot broker loans
Apr 05, 2012
A major sub-prime firm accused of "deceitful and oppressive business practices" can no longer broker loans for customers after having its licence terminated, the trading watchdog has said
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Get a personal loan for just 6%
Mar 28, 2012
If you don't have enough money set aside in savings to cover your next major purchase, then what are the best ways to pay for a car, holiday, home improvements or wedding?
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Banks sign up to lending scheme
Mar 20, 2012
Four of the UK's biggest banks have signed up to an "ambitious" lending scheme unveiled by the Treasury to unclog the flow of credit to businesses
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HSBC 'to snub Budget lending move'
Mar 19, 2012
HSBC is reportedly poised to snub a key business lending strategy at the heart of the Chancellor's plan for growth this week after the Treasury struggled to agree terms with the British banking giant
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Payday loan firm's licence revoked
Mar 08, 2012
Payday loan firm Yes Loans has had its licence revoked after using "deceitful and oppressive business practices", the trading watchdog has said
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How to claim your PPI compensation
Mar 07, 2012
The Financial Services Authority (FSA) has just published a set of guidelines for companies writing to customers who may have been mis-sold payment protection insurance (PPI). The FSA wants these...
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Fewer small firms access bank loan
Feb 13, 2012
The number of small businesses using a bank overdraft or loan has fallen in the past two years despite moves aimed at increasing lending, a new study has revealed
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Three charged with fraud over loans
Feb 07, 2012
Detectives investigating a company offering low-interest loans have charged three people with fraud, police said
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"Phenomenal" rise of payday loans
Feb 06, 2012
Payday loans become more mainstream while credit card use falls
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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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