Loans | Loan news, rates and offers

Since the start of 2008 there has been a dramatic increase in the number of people attempting to obtain car finance fraudulently, according to analysis from Experian, the global information services company.


Borro.com, the UK's first online pawnbroker, today announced it now has loans of £100 to £13,500 to customers in every region of the UK.


Despite the recent base rate decrease, in the last week two loan providers have increased their unsecured loan rates by up to 4.8%, hitting consumers even harder in the pocket.


More than 20 million Brits are lending money to family and friends, new research from AA Personal Loans reveals.


Michelle Slade, analyst at Moneyfacts.co.uk, comments: "A few months ago Moneyfacts reported that borrowers could no longer find loan rates of less than 7%: now there are just seven providers offering rates less than 8% and this number is dwindling fast.


Almost two out of three people who take out a loan to consolidate their debts go on to borrow more while still repaying that loan, according to research from the UK's leading price comparison site, moneysupermarket.com.


As the Financial Services Authority (FSA) announces that it has fined Alliance & Leicester £7million for mis-selling Payment Protection Insurance, Which? Chief Executive, Peter Vicary-Smith, says: "It's great to see the FSA hitting companies where it hurts.



 


Edit/Delete Ad | About | Contact | Terms of Use | Privacy Policy | Security
Copyright © 2004-2008 Easier Media Ltd. All rights reserved.
Easier Finance