Personal loan news, Oct - Dec 2008

Low income families in Christmas debt danger

24 November 2008

Low income families are in danger of amassing large debts over the festive season by relying on expensive forms of credit, it has been claimed.

MP declares war on high loan rates

05 November 2008

A Labour MP is seeking an end to higher interest rates on personal loans and other forms of unsecured credit to prevent people falling into debt.

Personal loan rates 'creeping up'

21 October 2008

Rates on unsecured personal loans are continuing to climb, despite a recent 0.5% cut in the base rate by the Bank of England, it has emerged.

Brits turning to family and friends for personal loans

17 October 2008

British consumers are turning to their loved ones for financial assistance, according to a new survey by AA Personal Loans.

Personal loan rates rocket

06 October 2008

Rates on unsecured personal loans have rocketed over the last month, according to new research from uSwitch.com.

More consumers defaulting on personal loans

03 October 2008

Soaring gas and electricity bills, rising food prices, elevated motoring costs and redundancies are causing more consumers to default on their unsecured personal loans, new research shows.

'More action needed' to stamp out PPI mis-selling

01 October 2008

A heavy-handed approach by the Financial Services Authority (FSA) is required to stamp out the mis-selling of payment protection insurance (PPI), uSwitch.com has claimed.



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