With the high street banks offering record-low interest rates on savings accounts, many savers are looking for better returns from their money.
Business credit conditions in the UK are still getting worse the Bank of England has warned. Banks are being much more proactive in trying to call in their outstanding debts from UK companies.
Research by the FSB who interviews 2,850 small businesses shows that 41% of them who asked for loans in the last 3 months had their applications refused
Millions of cash strapped UK families will be hurt even more by hikes in the cost of going into the red by Lloyds, which is the UK’s largest bank.
Borro claims that the UK’s wealthy are being forced to borrow using short term loans secured by their valuable assets to fund their businesses and lifestyles.
A charity warned today that more people are struggling with home shopping catalogue debts than they are with payday loans, mortgages or rent arrears.
Students have been warned that they could be the target of scams aimed at stealing their loan payments.