Borrowing

1 in 20 say they couldn’t live without borrowing
By April 28, 2014 Read More →

1 in 20 say they couldn’t live without borrowing

Nearly two-thirds of people borrow Just 1 in 10 feel ‘relaxed’ about borrowing Women twice as likely as men to be scared of borrowing Nearly one in 20 people in the UK admit they could not live without borrowing money. New research conducted on behalf of alternative account provider thinkmoney.co.uk reveals that 4.3% of adults […]

Posted in: Borrowing
Payday lenders’ failure to treat customers fairly sparks Parliamentary action
By June 17, 2013 Read More →

Payday lenders’ failure to treat customers fairly sparks Parliamentary action

Evidence from Citizens Advice found payday lenders are not keeping to their own promises including checking if people can afford to pay back loans, freezing interest rates and charges for those struggling to repay and not pressuring people into extending loans. Paul Blomfield MP is now introducing a Private Members Bill to protect people from […]

Posted in: Borrowing
M&S Bank launches its lowest ever personal loan rates
By June 11, 2013 Read More →

M&S Bank launches its lowest ever personal loan rates

With exclusive rates for existing customers M&S Bank has launched its lowest ever loan rate today (Tuesday 28th May), with a rate of 5.00 per cent APR (representative) on loans between £7,500 and £15,000, available exclusively for existing M&S current account, credit card and loan customers. M&S Bank has also introduced market-leading mid-value and high-value […]