The Chancellor of the Exchequer, Alistair Darling, has recently expressed concern over the amount of interest that is being charged on loans that are taken out by small firms. (more…)
Posts Tagged ‘loan rates’
Darling concerned over rates charged to small firms
Tuesday, August 11th, 2009
Mortgage and loan rate continue to rise
Saturday, August 1st, 2009It has been claimed recently that despite the fact that the base interest rate is at an all time low of 0.5 percent the rates being charged on many mortgage loans and general loans are continuing to increase, meaning that consumers are unable to benefit from the cut in base rate in many cases. (more…)
Banks increase profits through increasing loan rates
Wednesday, July 29th, 2009A recent report has suggested that banks in the UK are slyly trying to make more money from customers by increasing their personal loan rates, which some campaigners have described as being underhand. (more…)
Deals still available even though loan rates have risen
Saturday, June 13th, 2009According to a recent report whilst loan rates in the UK may have increased recently there are still some decent deals available for a number of consumers. (more…)
PPI ban sees spike in loan rates
Friday, May 15th, 2009According to recent reports the PPI ban that has recently been announced by authorities will result in further spikes to loan rates, which many industry officials have said are already spiralling despite the all time low base interest rates, which stands at just 0.5 percent. (more…)
Rates on personal loans continue to increase
Wednesday, April 8th, 2009According to recently released reports the interest rates being charged on personal loans in the UK are continuing to rise despite the fact that the base interest rate has plummeted. (more…)
Cash strapped consumers paying higher rates on loans
Wednesday, January 14th, 2009According to recent reports many cash strapped consumers are paying higher than average rates of interest on personal loans, and amongst those being stung by these higher rates are pensioners and those that have a damaged credit rating – groups who are often struggling financially and can therefore ill afford to be paying higher rates of interest than most others. It is thought that some poorer consumers could be facing interest rates of close to 20 percent on personal loans with some lenders. (more…)