Loans

Lending jumps in September, revised Bank of England data show

Lending jumps in September, revised Bank of England data show

Error means Bank of England reported unsecured lending in September was significantly less than half actual total   Photograph: EPA British customers borrowed more funds on loans and credit cards in September than at any point this year, raising concerns that the financial upturn in the Uk is getting fuelled…

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Fears of debt-fuelled recovery as credit score card paying jumps, revised BoE data present

Fears of debt-fuelled recovery as credit score card paying jumps, revised BoE data present

Error indicates Financial institution of England reported unsecured lending in September was less than half real total   Photo: EPA British customers borrowed far more funds on loans and credit cards in September than at any stage this 12 months, raising issues that the economic upturn in the United kingdom…

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A million men and women to use payday loans for Christmas paying

A million men and women to use payday loans for Christmas paying

A lot more than a million men and women plan to get out a payday loan to cover the cost of Christmas, new study has indicated   Photo: ALAMY Payday lenders will fund the price of Christmas for in excess of a million people, a report from the government-backed Cash…

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5 techniques to improve your credit rating

5 techniques to improve your credit rating

Consider action and boost your probabilities of getting a good mortgage loan deal

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Be a payday loan provider to your Facebook pals

Be a payday loan provider to your Facebook pals

A new app enables buddies to lend each and every other cash on Facebook at an agreed charge – but there is no legal obligation to repay

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'Agree It' app: now you can be a payday lender to Facebook friends

‘Agree It’ app: now you can be a payday lender to Facebook friends

A new app permits buddies to lend every other money on Facebook at an agreed fee – but there is no legal obligation to repay

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Martin Lewis: payday lenders target children's Television to 'groom' next generation of borrowers

Martin Lewis: payday lenders target children’s Television to ‘groom’ next generation of borrowers

The loan companies need to be banned from marketing on children’s Tv, says monetary professional   Payday loan organizations “grooming” the subsequent generation of borrowers ought to be banned from promoting on children’s Tv channels, one of the country’s ideal acknowledged fiscal guidance experts has mentioned. Martin Lewis, founder of…

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OFT instructed Wonga to make modifications to its company

OFT instructed Wonga to make modifications to its company

Pay out day loans firm denies tips it was censured by the competitors watchdog

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Ban payday loan ads on Tv, says Miliband

Ban payday loan ads on Tv, says Miliband

Labour leader accuses lenders of “putting stress on our little ones” with child-friendly, animated commercials to get benefit of families feeling the squeeze

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Wonga founder Errol Damelin steps back from day-to-day running

Wonga founder Errol Damelin steps back from day-to-day running

Co-founder Errol Damelin to turn out to be Wonga’s chairman, and will be replaced as chief executive by chief operating officer Niall Wass

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