State-owned lenders 'in loan rates rip-off'
State-owned banks were accused yesterday of ripping off borrowers by charging over the odds on mortgages. Analysts said the majority of lenders rescued by the Government in the banking bailout charged more than average for home loans. Only Royal Bank of Scotland bucked the trend.
Tue, 09 Mar 2010 00:00:01 +0000 Massive rise in interest rates on personal loans
Banks have massively hiked interest rates on personal loans during the slump, raising the cost of finance for cars, sofas, and other major purchases by hundreds of pounds, new research for The Independent shows today.
Mon, 08 Mar 2010 00:00:01 +0000 Trade soars for new lending website
One football-loving would-be borrower needed a loan to buy two season tickets for Newcastle United. A 30-year-old woman wanted funds to pay off the solicitor who arranged her divorce. Another more romantic soul simply needed money to whisk his girlfriend to Paris to propose marriage.
Mon, 08 Mar 2010 00:00:01 +0000 Simon Read: We must make sure debtors claim their benefits
It's hard for people struggling to cope with debt. But a report this week from debt charity the Consumer Credit Counselling Service suggests that things are getting worse as many are losing out on two-thirds of the benefits to which they are entitled.
Sat, 06 Mar 2010 00:00:01 +0000 Spotlight: Virgin Money Charity Credit Card
Sat, 06 Mar 2010 00:00:01 +0000 Money Matters: 'Can a debt collector reveal details of my debt?'
The seventh in our 'ask the expert' series, which sees Kevin Boon of the
Consumer Credit Counselling Service (CCCS) answer a question on debt
collection.
Fri, 05 Mar 2010 18:22:36 +0000 Warning over debt management plans
A quarter of people on debt management plans will take at least a decade to
clear their borrowings, research showed today.
Fri, 05 Mar 2010 12:39:14 +0000 VAT hike sparks instalment credit jump
Store instalment credit jumped sharply during December as consumers bought
things on the never-never to beat the impending VAT hike, figures showed
today.
Mon, 22 Feb 2010 12:56:46 +0000 Money Insider: Credit card rates still a lottery
There was more bad news for consumers this week when it was reported that credit card rates have reached their highest level for over 10 years.
Sat, 20 Feb 2010 00:00:01 +0000 Simon Read: Don't forget the real villains of rip-off lending
The news that average credit card interest rates have soared to around 19 per cent is a major concern for anyone forced to turn to plastic to survive. As ever, struggling folk will be hit by the higher rates while the more well-off, who either don't use plastic or who can afford to pay off their balance every month, won't be affected.
Sat, 20 Feb 2010 00:00:01 +0000 Credit card rates hit 12-year high
Credit card interest rates are at their highest level for 12 years despite the Bank of England's historically low base rate, analysis has revealed.
Tue, 16 Feb 2010 00:00:01 +0000 
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