Payday Loan Company Has Licence Revoked
Yes Loans, the payday loan provider has had its licence revoked. The trading watchdog (the Office of Fair Trading) said…
UK Bank Interest Rates Hit All Time High
UK banks are adding to the financial pressure for households by having record level high interest rates. The banks are…
Santander Join Banks Raising Mortgage Interest Rates
Santander has joined NatWest and Halifax by raising their mortgage interest rates. The Spanish owned bank is the latest in…
Halifax Raises Mortgage Rates
Halifax mortgage customers are going to find their mortgage rates climbing as the money lender hikes there interest rates by…
Lenders write off £3.64bn in credit card debt during 2011
£3.64bn in bad debts was written off by credit card companies in 2011 according to figures from the Bank of…
Debt Noose Tightens – Families Pay £200 Interest a Month
It is reported that families in the UK are spending almost a quarter of their disposable income on interest payments…
UK won’t borrow more money in March budget
George Osborne, Chancellor of the Exchequer has said that the UK will not be borrowing more money in the 2012…
UK Economy Shrank 0.2% in Q4 2011
Revised data shows that the UK economy shrank by 0.2% during the last quarter of 2011.The drop countered a previous…
Payday Loans Rise As Credit Card Borrowing Falls
Demand for credit cards is suffering because UK borrowers are turning to other forms of finance, such as payday loans.…