24 September 2008
Customers taking out secured loans were offered a glimmer of hope recently when Bank of England Deputy Governor Sir John Gieve suggested interest rates may be too high.
15 September 2008
A consultation has been launched on the regulation of secured loans in a bid to ensure that consumers are treated fairly and are adequately protected.
12 September 2008
The Financial Services Authority (FSA) is being urged to crack down on the mis-selling of payment protection insurance (PPI) following a surge in complaints from consumers.
04 September 2008
The majority of economists expect the Bank of England to leave the base rate unchanged today, meaning secured loan customers are unlikely to see any reduction in their repayments.
01 September 2008
Total personal debt among UK consumers has exceeded national income for the second consecutive year, according to the accountants Grant Thornton.
29 August 2008
Economists have predicted that there will be no change in interest rates by the Bank of England next month.
18 August 2008
The British Chambers of Commerce (BCC) is calling for cuts in interest rates to prevent the British economy from entering into a serious recession.
08 August 2008
The Bank of England base rate has been kept on hold after the monetary policy committee (MPC) voted not to change the cost of borrowing.
06 August 2008
A reduction in the Bank of England base rate is needed in order to stimulate consumer confidence, according to the National Association of Estate Agents (NAEA).
05 August 2008
Interest rates are likely to remain unchanged for "quite a few more months to come", according to the UK Chief Economist at Global Insight.
01 August 2008
A member of the Bank of England's monetary policy committee (MPC) has insisted that higher interest rates are "justifiable" given the currently inflationary environment.
24 July 2008
A secured consolidation loan is still a "viable debt solution" for many homeowners, according to thinkmoney.com.
23 July 2008
A member of the Bank of England's Monetary Policy Committee has called for a cut in interest rates to alleviate the pressure on consumers.
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