27 June 2007
The deputy governor of the Bank of England has called for interest rates to go up to try to curb the demand for loans and credit.
22 June 2007
A finance expert has warned borrowers to make sure they keep up their loan repayments as even missing one can have a huge affect on their credit rating.
18 June 2007
Increasing financial demands are leading some consumers to desperate lengths, with the Institute of Payroll Professionals (IPP) finding that more borrowers are purchasing faked payslips in order to gain a greater loan amount.
14 June 2007
Figures from April this year showed that the average wage increase has slowed considerably, prompting optimists to state that this may lead to a slowly down of the interest rate rises which have blighted borrowers for the past six months.
12 June 2007
Research from Halifax has revealed that the majority of secured loans are used to fund activities like building extensions, converting a loft or paying for reconstructive work on the house.
05 June 2007
Financial analysts have predicted that the Bank of England's monetary policy committee (MPC) will refrain from raising the base rate of interest by another quarter point later this week, providing secured loan holders a brief respite from the steadily spiralling repayment costs.
15 May 2007
The announcement from the Bank of England (BoE) that the inflation rate has dropped from 3.1% to 2.8% within two months will come as welcome news to those with secured loans.
10 May 2007
Having been predicted for the last few months, today is the day when the Bank of England's monetary policy committee (MPC) is believed to finally raise the base interest rate to 5.5%.
04 May 2007
Consumers who have taken out a secured loan are set for even higher repayments following Mervyn King's announcement that it was imperative for Britain's interest rate to rise.
24 April 2007
More comprehensive data-sharing practices planned among financial providers could it make it more difficult for consumers to get a loan approved
18 April 2007
The Bank of England will be forced to explain itself to chancellor Gordon Brown this week after it was revealed that the consumer price index (CPI) showed inflation to have risen to 3.1%.
10 April 2007
The Bank of England's Monetary Policy Committee (MPC) has announced interest rates will remain at 5.25% for another month
03 April 2007
Several of the UK's leading lenders for secured loans have been debating whether or not the industry needs a separate regulator.
02 April 2007
Thursday's base rate decision by the monetary policy committee (MPC) is still anybody's guess after last month's decision to retain it at 5.25%.
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