Payday loan company Wonga has launched a new Paylater service on furniture firm Cotswold Companya��s website. The service, which allows customers to “buy now, pay later” will be introduced on other retailersa�� sites in the near future. Although the Paylater branding is similar to Wongaa��s, the Wonga name only appears in the small print. A […]
M&S Bank which opened its first branch in July, launched its first current accounts today. The accounts are available from the banka��s 13 in-store branches. The retailer hopes to attract customers by capitalising on its reputation as a trusted brand. A marketing campaign, launched to promote the new accounts, uses the strapline ‘new fashioned banking’ […]
A higher education funding review is likely to see a shake-up in the way interest is charged on student loans. The review, by Lord Browne, suggested a variable interest rate on student loans was a favoured option. Currently, students pay back their loans when they earn over A?15,000 a year, at a low interest rate. […]
Mid-year figures from Charity Bank and Triodos Bank show both lenders are on track for a record year of lending. During the first six months of this year, Charity bank agreed A?20.9 million of new loans. This is compared to a total of A?22.9 million for the whole of 2009. Figures from Triodos show new […]
The era of debt-fuelled consumer spending is over, a financial expert has claimed, pointing out Britain’s consumer debts of nearly A?1.5 trillion. Tim Moss, head of loans at moneysupermarket.com, seemed to be talking himself out of a job by claiming consumers can no longer afford to fund purchases on borrowed money. Consumers must face up […]
Global stock markets were rocked yesterday with the news that euro zone banks may face funding difficulties after it was revealed that the European Central Bank (ECB) would not be offering 12-month loans. A year ago, the ECB was forced to offer European banks 12-month loans at low interest rates to help them survive the […]
There are fresh concerns over the European banking sector after banks are scheduled to repay a��442 billion (A?362 billion) worth of loans to the European Central Bank (ECB) later this week. Shares in Europe hit a three-week closing low today as a result. Furthermore, shares were hit by a sharp fall in US consumer confidence […]
In May, net mortgage lending by Britain’s High Street banks grew to A?2.6 billion, compared with A?1.9 billion in April. Annual growth in net lending (gross lending with repayments and redemptions stripped out) stood at 4.3%, unchanged from April, according to the British Bankers’ Association, while May’s gross mortgage lending of A?9 billion was in […]
The Treasury and Lloyds senior executives could be sued over the controversial takeover of HBOS, which took place at the height of the financial crisis. An investor group called Lloyds Action Now, which was established a year ago, claimed investors were lured into voting for the takeover, while not being provided with all the relevant […]
“Onerous clauses” on payment protection insurance (PPI) mean that borrowers unable to pay back their loans rarely receive an insurance payout, a finance expert has claimed. David Kuo, director of Motley Fool, said consumers are being duped into believing PPI will cover them if they have legitimate reasons for failing to make loan repayments. “Borrowers […]
The credit crunch has resulted in a “dramatic jump” in the number of professional negligence claims brought against surveyors and estate agents, according to a City law firm. Research from Reynolds Porter Chamberlain (RPC) reveals that there were 25 commercial and residential High Court cases against estate agents or surveyors in 2009, compared with one […]
Savers wanting to earn a good rate of interest while avoiding high street banks now have an alternative option. Zopa matches up people who have spare cash to lend with those who want to borrow money. John Hudson, professor of economics at Bath University, hailed Zopa as “a new way of borrowing and lending money”. […]
The interest rates charged on microfinance loans given to the rural and urban poor in India will soon be available online. The decision by the newly-formed Microfinance Institutions Network (MFIN), a self-regulatory body, comes after criticism of the excessive rates charged by some microfinance providers. Microfinance institutions (MFIs) in India charge interest rates upward of […]
There are hopes for Greece today after leaders of the euro zone nations have agreed to provide emergency loans to the debt-ridden country. However, Luxembourg Prime Minister Jean-Claude Juncker, speaking for euro zone finance ministers, said that the euro zone countries had not decided to activate the loans, as this would depend on a decision […]
The number of home loans accessible by mortgages brokers has increased 51%, to 4,665, since this time last year. However, April saw a 4% drop in products available, compared with March, according to sourcing software specialist, Mortgage Brain. The choice of tracker deals took an 11% dive to 1,441, and the availability of fixed-rate loans […]
Figures from the Bank of England today revealed that British consumers borrowed A?500 million in January through credit cards, loans and overdrafts, once repayments were taken into account – the highest level since November 2008. According to the Bank, the increase was almost double the A?265 million rise seen in the previous month December, and […]
First-time buyer mortgage approvals hit a two-year high in December as those buying properties costing up to A?175,000 rushed their purchases through before the end of the stamp duty holiday. According to the Council of Mortgage Lenders (CML), 24,900 first-time buyer loans were sanctioned worth A?2.9 billion, leaving both figures up 26% on November. In […]
Figures from the Bank of England today revealed that new borrowing on credit cards, loans and overdrafts rose for the first time since June 2009. Consumer credit rose A?52 million in December, which surprised analysts who had expected a A?400 million fall. For the first time since June, borrowing outstripped the amount being paid back […]
Citigroup, which is the third largest US bank, has today posted a loss for the fourth quarter of 2009, as a result of the repayment of Government loans. The bank said it repaid $20 billion to the US Government during the 2009 year. The Wall Street banking giant said losses totalled $7.6 billion (A?4.7 billion) […]
A new microfinance bank in Bahrain is set to help thousands of needy families. The Family Bank, a joint initiative between Bahrain’s Social Development Ministry and the Grameen Bank, will offer loans of between 150 and 7,000 Bahrain Dinars (between A?250 and A?11,500). “The idea is to make needy and creative Bahraini families self dependent […]
The Eight ‘Must Do’ Rules For Powerful Web Site Design
To succeed in your online business (whether you >> can advertise your own product/service or are selling for other stores as an affiliate), you require a Web design should be just for that – an easy, focused internet site. One that is simple to build, maintenance free, low cost, reliable, and a powerful traffic-builder and […]
The Top 8 ‘Must Do’ Actions For Successful Web-site Developement
To succeed at the online business (whether you >> can advertise your own personal product/service and/or selling with respect to other stores as a great affiliate), you will need a Web design has to be just for that – a basic, focused internet site. One that is straightforward to build, maintenance-free, low cost, credible, and […]
The Eight ‘Must Do’ Actions For Powerful Website Developement
To succeed at the online business (whether you >> are selling your individual product/service or are selling for other stores as an affiliate), you require a Web design has to be just for that – an easy, focused site. One that is not hard to build, maintenance free, low cost, credible, and a powerful traffic-builder […]
The 8 ‘Must Do’ Rules For Successful Website Developement
To succeed at your online business (whether you >> can advertise your unique product/service and/or selling with respect to other vendors as an affiliate), you need a Web design should be just for that – an easy, focused site. One that is straightforward to build, maintenance-free, low cost, credible, and a powerful traffic-builder and customer-converter. […]
The Eight ‘Must Do’ Guidelines For Powerful Web Site Developement
To succeed in your online business (whether you >> can advertise your very own product/service or are selling to get other retailers as a great affiliate), you want a Web design has to be just for that – a straightforward, focused site. One that is straightforward to build, maintenance free, low cost, credible, and a […]
The Eight ‘Must Do’ Rules For Powerful Web Site Design
To succeed in your online business (whether you >> can sell your unique product/service or are selling for other retailers as a great affiliate), you will need a Web design should be just for that – a simple, focused site. One that is simple to build, maintenance-free, low cost, reputable, and a powerful traffic-builder and […]
The Top 8 ‘Must Do’ Guidelines For Successful Web Site Design
To succeed at your online business (whether you >> can advertise your personal product/service and/or selling for the purpose of other stores as an affiliate), you need a Web design has to be just for that – a simple, focused web page. One that is straightforward to build, maintenance-free, low cost, credible, and a powerful […]
The 8 ‘Must Do’ Rules For Successful Website Developement
To succeed at your online business (whether you >> can sell your own product/service or are selling with regards to other vendors as a great affiliate), you want a Web design must be just for that – a straightforward, focused web page. One that is straightforward to build, maintenance-free, low cost, credible, and a powerful […]
The 8 ‘Must Do’ Rules For Successful Website Developement
To succeed at your online business (whether you >> can advertise your personal product/service or are selling just for other stores as an affiliate), you require a Web design must be just for that – a simple, focused site. One that is not hard to build, maintenance-free, low cost, credible, and a powerful traffic-builder and […]
The Eight ‘Must Do’ Actions For Successful Website Design
To succeed at your online business (whether you >> can sell your private product/service and/or selling for the purpose of other sellers as a great affiliate), you need a Web design should be just for that – a basic, focused site. One that is not hard to build, maintenance-free, low cost, reliable, and a powerful […]
About | Privacy | Disclaimer | Resources | XML Feeds | Press Releases | Directory | Contact us
