Personal Loans News

Consumers Not Informing Lenders About Loan Repayment Difficulties

Many consumers are not informing their bank if they fall into difficulties with their loan repayments. Read more »

Personal Loans For Home Improvements As House Price Woes Deter Moving

Homeowners are keen to invest in home improvements even in these challenging economic times as one in five of all personal loans is being used for this purpose. Read more »

Number of Car Loans Rise As Car Buyers Rush To Beat VAT Increase

One in five car buyers will fund their purchases with a car loan, as the number of people planning to buy a car over the next six months increases to a three year high. Read more »

Personal Loans Are 'Decoupled From Base Rate'

The cost of personal loans and credit card borrowing has become decoupled from the Bank of England base rate as loan interest charges have remained high despite the historically low base rates. Read more »

Demand For Personal Loans Fell In June

The demand for Personal loans fell in June and was 19% lower than 12 months ago, the latest figures from the British Banker's Association (BBA) show. Read more »