Tightening of lending criteria means 10,000% interest on credit cards
Lenders have been scrapping cheap mortgage offers with internet bank, first direct, announcing earlier this week that it has temporarily withdrawn all its mortgage products as it tries to clear a backlog of customer applications. Alliance & Leicester and Scottish Widows have both curtailed their product ranges and Northern Rock recently set its new mortgage [...]
Tightening of lending criteria means 10,000% interest on credit cards
