Archive
This Month's Top Articles
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Loans UK news (page 5):
 | Brits dip into savings during credit crunch, survey reveals |
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| 21st February 2009 | As a result of the credit crunch, 27 per cent of Brits have had to dip into their savings, whether it is to pay for a holiday or keep up with home insurance payments.
Research conducted by Fairinvestment.co.uk discovered that 18 per cent of people with savings have used up ten per cent of t... | |
 | Brits using loans for home improvements |
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| 12th February 2009 | Many Brits are taking out loans to make improvements to their property instead of moving house, it has been claimed.
According to Sainsbury's Finance, around 425,000 personal loans worth over £4 billion were taken out to cover the cost of home improvements.
This is a 24 per ce... | |
 | Credit crunch sees Brits 'return to family home' |
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| 11th February 2009 | It seems as though many young people in the UK are putting off buying their own home insurance and staying at home with their parents due to the credit crunch.
Research conducted by Abbey has revealed that in order to save money, 20 per cent of British 18 to 24-year-olds returned home to th... | |
 | Bank of England announces further interest rate cuts |
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| 7th February 2009 | The Bank of England monetary policy committee has announced that it has cut the base rate of interest in the UK to one per cent.
This drop of 0.5 percentage points may come as good news for those hoping to obtain a loan or pay off an existing mortgage.
It is hoped that this latest ... | |
 | Post Office warns against increasing use of loans and credit cards |
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| 5th February 2009 | As the credit crunch continues in the UK it seems as though increasing numbers of people are taking out loans and using credit cards to make purchases.
According to the Post Office Credit Card's latest Consumer Credit Report, 2.6 million Brits intend to spend more on their credit cards in 2... | |
 | AA: Brits look at loans the way they look at calories |
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| 29th January 2009 | Brits worrying about loans or insurance during the credit crunch are looking at their finances in the same way they look at their diets, it has been revealed.
AA Personal Loans questioned the British public on whether they kept track of their finances as much as they counted their calories.... | |
 | Recession 'encourages Brits to deal with debts and loans' |
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| 28th January 2009 | The recession means that more Brits are being encouraged to handle their loans and debts in a more responsible manner, one organisation has claimed.
According to the UK Insolvency Helpline, banks will be able to get their cash flowing again if people offer realistic income and expenditure a... | |
 | January is 'busy time of year for loans' |
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| 23rd January 2009 | January is the time of the year when most people take out loans in an attempt to consolidate all of their debts, it has been claimed.
Sainsbury's Finance has estimated that around 25,000 loans, with a combined value of £2.93 billion, could be taken out for debt consolidation purposes i... | |
 | Barclaycard reveals spending figures for 'credit crunch Christmas' |
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| 13th January 2009 | It seems as though the credit crunch did not stop everyone from spending in the run up to Christmas, new research has revealed.
Data released by Barclaycard has shown that over 11.5 million transactions were processed for its retailer customers on Christmas Eve.
The highest rate of... | |
 | Interest rate cut to 1.5 per cent |
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| 9th January 2009 | The Bank of England has cut the interest rate in the UK by 0.5 percentage points to 1.5 per cent.
It stated that further measures are needed to increase the flow of lending to the non-financial sector.
This is because the availability of credit to both businesses and consumers is c... | |
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