Personal loans

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UK lenders fear spike in mortgage defaults as cost of living hits home
Bank of England survey shows lenders expect steep rise in borrowers failing to make monthly repayments

Phillip Inman

19, Jan, 2023 @1:03 PM

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Bank of England interest rate rise – what it means for borrowers and savers
Rate rise to 3.5% affects everything from mortgages to credit cards, loans and savings. Here is all you need to know

Rupert Jones

15, Dec, 2022 @1:27 PM

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How will the UK interest rate hike affect you?
From loans to mortgages, house prices to credit cards – all you need to know about the biggest rate rise since 1989

Rupert Jones

03, Nov, 2022 @1:49 PM

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Lloyds bank predicts 8% fall in house prices as its profits tumble
Larger-than-expected drop in profits to £1.5bn in third quarter comes despite rising interest rates

Kalyeena Makortoff Banking correspondent

27, Oct, 2022 @7:23 AM

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Interest-free loans to be rolled out in UK to help with food bills
Supermarket Iceland is part of scheme to offer sums of £25 to £100 to buy everyday items

Rupert Jones

15, Aug, 2022 @11:01 PM

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Consumer credit races ahead as UK households struggle to cope
People borrowed an extra £1.8bn in June, up from £900m in May, Bank of England figures show

Phillip Inman

29, Jul, 2022 @1:01 PM

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Klarna’s road ahead looks a little harder this year
With Apple set to enter the market and shrinking appetite for tech stocks the future looks less rosy for buy now, pay later firm

Nils Pratley

12, Jul, 2022 @5:47 PM

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More UK households are turning to high-cost lenders, says charity
Warning comes as Amigo plans lending comeback offering loan with annual interest rate of 49.9%

Jess Clark

02, Jul, 2022 @6:00 AM

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What the Bank of England’s base rate rise to 1.25% means for you
The effect of the interest rate increase on mortgages, savings, annuities, house prices and rents

Hilary Osborne

16, Jun, 2022 @1:54 PM

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UK banks must be more flexible to help struggling borrowers, says City watchdog
FCA calls for payment holidays and waiving interest charges for customers hit hardest by cost of living crisis

Kalyeena Makortoff Banking correspondent

16, Jun, 2022 @8:45 AM

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Credit unions are helping Britons survive – but can they really rival banks?
Zero-interest loans have helped financially vulnerable people pay for items from school uniforms to vital furniture

Rupert Jones

04, Jun, 2022 @6:00 AM

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BrightHouse loan customers unlikely to get refunds, say administrators
Creditor Greensill has received big sum but Grant Thornton decides cost of assessing other claims is too high

Kalyeena Makortoff Banking correspondent

16, May, 2022 @6:00 AM

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