Personal Loan

Tesco Bank cuts personal loan rate to just 5.2%

Tesco Bank has cut the rate on loans between £7,500 and £15,000 to just 5.2 per cent, the best rate for 10 years taking its product to the top of the best buy tables.

Derbyshire BS has cut the rate on its personal loan to just 5.5 per cent

Derbyshire BS cuts personal loan rate to 5.4 per cent

The Derbyshire Building Society has cut the rate on its personal loan between £7,500 and £14,999 to 5.4 per cent matching the deal from Sainsbury's Bank.

Clydesdale & Yorkshire bank cut personal loan rate to 5.7%

The Clydesdale and Yorkshire Bank have cut the rate on personal loans between £7,500 and £15,000 to just 5.7 per cent.

Equity release may be a better way to borrow

Why equity release is a better way to borrow than personal loans

If you want an effective way to borrow, there are several ways you can do this. While personal loans are one option, when you think about the advantages on hand with an equity release plan it may be the latter you are most inclined to take out.

Yorkshire and Clydesdale cut their loan rate

Clydesdale and Yorkshire’s lowest ever loan rate at 5.9%

Clydesdale and Yorkshire Banks have launched their lowest ever personal loan rate of 5.9 per cent APR for customers applying online.

Barclays announces lower personal loan rate

Barclays cuts loan rates for current account holders to 5.9%

Barclays has trimmed its loan rate for current account customers to 5.9 per cent. It is also offering clients £50 if they find a similar loan cheaper elsewhere.

Sainsbury's unveils loan price promise guarantee

Sainsbury’s promises to beat competitors’ personal loan rates

Sainsbury’s has pledged to beat rivals’ lending rates for customers who successfully apply for a standard personal loan with the supermarket bank.

Sainsbury's tops best buy personal loan table

Sainsbury’s Bank offers best buy personal loan at 5.9%

Sainsbury’s Bank has leapt to the top of the best buy tables with a personal loan at 5.9 per cent – the lowest rate offered by lenders for almost five years.

New loan rate launched at the Derbyshire

Derbyshire BS offers personal loan at 6%

Derbyshire Building Society is offering a personal loan with a market leading rate of six per cent APR representative for amounts between £7,500 and £14,999.

M&S Money reduces loan interest to market-leading rate

M&S Money could attract more customers on the lookout for a competitive personal loan deal after announcing it has cut its interest rates.

The best business loans and how to get them

Project Merlin was supposed to force banks to lend to businesses but despite targets apparently being met many employers say they cannot get a loan at any cost.

The number of personal insolvencies has remained static for the past 12 months

UK personal insolvencies fall but more businesses struggle

There was a slight fall in the number of personal insolvencies in the third quarter of 2011 but a rise in business bankruptcies, according to the Insolvency Service.

M&S Money have cut the rate on personal loans

M&S Money cuts personal loan rate to 6.4%

M&S Money has jumped to the top of the best-buy tables for personal loans between £7,500 and £15,000 after cutting the interest rate applied from 6.7% to 6.4%.

Nationwide slashes personal loan rate

Nationwide has cut its personal loan rate by 0.3 per cent, something that may tempt new and old customers.

Loan rate reduction by Nationwide

Nationwide is offering customers a rate of seven per cent APR Representative for personal loans of between £7,500 and £14,999.

Find out how to check and improve your credit rating

How to improve your credit rating

Ensuring your credit rating is in good shape is important if you want to get a mortgage, personal loan or credit card. Our guide shows you how to improve it and what can harm your credit rating.

M&S Money reduces personal loan rate

M&S Money has reduced the rate on its personal loans from 7.5 per cent APR to 6.9 per cent APR for finance between £7,500 and £15,000.

New personal loan rate announced by Sainsbury's Finance

Sainsbury's Finance has announced a new personal loan rate of 7.2 per cent APR typical for loans between £7,500 and £14,999.

Loan rate battle between Nationwide and Santander

A price war on loan rates has been started by high street banks Nationwide and Santander, uSwitch.com has suggested.

Nationwide cuts personal loan rate

Nationwide has cut its personal loan rate for its main current account customers to 7.2 per cent APR typical.

The growth of consumer credit slowed in March, according to the Bank of England.

Growth of consumer credit slows

The growth in consumer credit slowed in March, according to the latest figures from the Bank of England.

Britons borrowed 62 pence for every pound saved in the fourth quarter of 2009.

Britons 'go back to borrowing'

Hopes that the shock of the recession may have improved people's financial habits have been dented after new research showed that saving levels suffered a "sharp fall" last year as Britons returned to borrowing.

The average household debt including mortgages hit £58,083 in February.

Household debt edged higher in February

Average UK household debt including mortgages hit £58,083 in February, up from £58,040 the month before, according to new figures from Credit Action.

Consumer credit rose slightly in January but demand for credit cards and loans is expected to remain subdued.

Consumer credit flows 'rise by £0.5bn'

The total net flow of consumer credit through unsecured personal loans, credit cards and overdrafts moved higher in January, although the market is expected to remain "subdued" in the months ahead.