Finance and Credit Professional

Britons are increasingly looking to borrow money, recently published research shows.In a study carried out by MoneyExpert, it was revealed that more than three-quarters (78 per cent) of people have at least one credit card. Just over a quarter (28 per cent) of adults have one card, with 24 per cent owning two. Meanwhile, three [...]

Missing payments on loans, credit cards and other sources of financial demand could be place many consumers under more financial pressure than they originally think, new research shows.Findings from moneysupermarket reveal that about 5.5 million were not able to meet a demand on their spending over the course of 2007. Overall, credit card repayments were [...]

The Council of Mortgage Lenders (CML), British Bankers' Association (BBA) and the Building Societies Association (BSA) have all released their latest lending information today, with the CML suggesting consumer attitudes to loans are very different to those noted by the BBA and BSA.According to the BSA, lending in June was impacted by higher interest rates [...]