Personal Loans News

Credit card lenders may be providing consumers with credit they will find difficult to repay because of a failure to check applicants’ incomes, debt consultancy firm Thomas Charles has suggested.

British homeowners are becoming increasingly worried about the risk of repossession as the housing market in the UK continues to decline.

The Finance & Leasing Association (FLA) has announced it will provide financial backing for a review led by mental health experts will examine the effect debt has on individual’s personal wellbeing.

UK residents over the age of 55 are being hit hardest by the rises in living costs and the tightening in consumer credit markets, Skipton Building Society has found.

With a growing number of consumers said to be struggling with debt, financial inclusion network Transact has suggested that people need to learn to start living within their means.

The Council of Mortgage Lenders (CML) has issued an open letter to chancellor Alistair Darling requesting a greater degree of support for consumers against home repossessions in light of worsening economic circumstances.

Online financial advice service MSN Money has suggested that the recent unfavourable change in economic conditions could be making many Britons anxious.

Following sharp increases in the domestic costs of fuel and energy, the Department for Food, Environmental and Rural Affairs (Defra) has announced new policies to help the poorest members of society meet the increased price of heating their homes.

A new study has shown that as many as 35 million people have been forced to make some form of financial cutback in recent months in an effort to cope with the increasing costs of fuel, food and other items of household expenditure.

Mind, the UK mental health charity, has suggested that lenders need to act in a responsible manner when dealing with people who have problematic debts.

During the current climate of financial uncertainty, consumers who are concerned about their ability to manage their money are being proactive in tackling such difficulties.

The current financial climate is causing concern for more than just the nation’s adults, according to new research.

Britons may find that their access to plastic cards is diminishing rapidly, according to new figures.

Keeping up with the Joneses might be doing consumers more harm than good, according to a new study.

Britons may find that their access to credit is diminishing, a new report shows.