Secured loan news, Jul - Sep 2006

Inflationary figures broadly reassuring

11 September 2006

Global Insight has stated it is a broadly reassuring view of producer price inflation in August from the Bank of England (BoE.)

BoE: July lending figures increase

30 August 2006

Total UK lending to individuals in July amounted to £10.9 billion, according to new figures from the Bank of England (BoE).

UK CCJ hotspots highlighted

29 August 2006

There were on average two county court judgements (CCJs) registered for every 100 over 18-year-olds in England and Wales over the last year, according to new figures.

Consumers use loans for home improvements

24 August 2006

Many homeowners are opting to take out a secured loan to undertake improvements on their property, according to new research.

Half a million borrowers could be overpaying on loans

22 August 2006

Over 500,000 borrowers could be paying over the odds in interest on their loan, according to new research by uSwitch.

Borrowers protected from base rate change

18 August 2006

The director general of the Building Societies Association (BSA) has said that despite last month's rate rise, the latest lending figures suggest people are continuing to manage their debt commitments.

Interest rates could go up again

09 August 2006

It has been revealed that interest rates could increase again before the end of the year.

No irresponsible lending culture says CML

03 August 2006

There is not a culture of irresponsible lending in the UK, according to a leading mortgage lending body.

Brits reaching for credit card this summer

01 August 2006

The rate of lending to individuals in the UK has slowed, according to Bank of England figures.

Credit unions protecting people from expensive home loans

18 July 2006

Credit unions are becoming more effective at reaching the financially excluded and helping people to stop using expensive home credit, according to a survey.

Divorce fuelling debts says report

17 July 2006

The UK's spiralling debt problem is being exacerbated by the number of marriages that end in divorce, according to a new report.

Personal debt boom could make economy vulnerable

13 July 2006

An explosion of personal debt could have catastrophic results on the British economy, the Bank of England has warned.

Consumers changing financial outlook

11 July 2006

Consumers could be changing their behaviour in the face of rising debt and the threat of an increase in interest rates, according to an industry expert.

Interest rates stay fixed at 4.5%

07 July 2006

The Bank of England's Monetary Policy Committee (MPC) has announced that interest rates will remain at 4.5% for another month.

Interest rates static for all of 2006

03 July 2006

Anyone thinking of taking out a loan has been handed some good news after a report suggested interest rates look set to stay put until the end of the year.



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