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Loans News Stories

Payday loan complaints increase - 01st May 2013

Figures released by the Financial Ombudsman Service (FOS) have revealed a 75% rise in complaints about payday lenders since last year. Read More...

£38 million granted for credit union project - 18th April 2013

The Minister for Welfare Reform, Lord Freud, has announced the Association of British Credit Unions Limited (ABCUL) will deliver a project to help credit unions to provide financial services to over a million people in the UK. Read More...

FCA: “Payday loan cap could harm consumers” - 12th April 2013

The Financial Conduct Authority (FCA) has claimed that proposals to impose limits on payday loan rates could prove harmful to consumers seeking emergency cash. Read More...

Top 5 cracking loans (£5,000 over 3 years) - 07th March 2013

Moneyfacts research has revealed a fall in personal loan rates over the past two years, dropping from 12.5% in March 2011, to 11.8% today. Read More...

Tesco Bank reduces loan rate - 26th February 2013

Tesco Bank has announced a 3.1% reduction to its unsecured personal loan rate for borrowing amounts between £3,000 and £4,999. Read More...

Derbyshire BS reduces loan rate - 19th February 2013

Derbyshire Building Society has reduced the rate on its Online Personal Loan by up to 0.8%, until 11pm on 25 February 2012. Read More...

Derbyshire BS cuts loan rates - 30th January 2013

Derbyshire Building Society has reduced the rate on unsecured personal loans between £7,500 and £15,000 to a market-leading 5.1% APR. Read More...

Sainsbury’s Bank reduces loan rates - 18th January 2013

Sainsbury’s Bank has reduced rates on its Standard Nectar Cardholder loans by up to 0.3% for medium to large borrowing. Read More...

M&S Bank reduces loan rates - 10th January 2013

Continuing the trend seen in the personal loans market over the last few months, M&S Bank has reduced the rates on loans between £5,000 and £7,499 and £7,500 to £15,000 considerably. Read More...

Tesco Bank launches market-leading loans - 28th December 2012

Tesco Bank has slashed personal loan rates for customers borrowing between £7,500 and £15,000 and £15,001 and £25,000 by 0.5% and 0.2%, respectively. Read More...

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