The Money Stop » interest

No change in UK interest rates

Reno — Thu, 04 Aug 2011 21:17:49 +0000

Following the August Monetary Policy Committee Meeting the Bank of England has announced that the base interest rate is once again to remain on hold at its lowest level in the history of the Bank of England. The base rate has been at its all time low of just 0.5 percent for well over two [...]

No change in UK interest rates is a post from: The Money Stop

Rising unemployment sparks debt fears

Reno — Thu, 17 Feb 2011 12:01:26 +0000

Increases in unemployment levels seen in the final quarter of last year have sparked concerns about rising repossessions and spiralling debt problems according to recent reports. Personal debt levels in the UK have been causing concern for the past few years, with the recession, global credit crisis, and difficult financial climate highlighting the debt problems [...]

Rising unemployment sparks debt fears is a post from: The Money Stop

Are you looking to consolidate your debt?

Reno — Thu, 27 Jan 2011 15:50:14 +0000

The start of the year is a time when many people decide to try and sort out their finances, and this is because they want to look forward to the rest of the year without the burden of financial constraints hanging around their necks. By sorting through their finances households are able to cut back [...]

Are you looking to consolidate your debt? is a post from: The Money Stop

Financial regulator defends plans over mortgage lending

Reno — Tue, 26 Oct 2010 01:21:43 +0000

The UK’s financial regulator, the Financial Services Authority has recently been defending its plans and proposals with regards to the mortgage and property markets, stating that something has to be done in order to avoid another crisis like the one seen over the past couple of years since the onset of the global financial crisis. The [...]

Financial regulator defends plans over mortgage lending is a post from: The Money Stop

Record low base rate remains static

Reno — Thu, 07 Oct 2010 21:00:14 +0000

For the past eighteen months the base interest rate in the UK has stood at a record low of 0.5 percent, which is the lowest it has ever been in the history of the Bank of England, which spans over three hundred years. It has now been announced that the base rate will remain at [...]

Record low base rate remains static is a post from: The Money Stop

Personal loan rates need to be capped

Reno — Wed, 25 Aug 2010 22:02:23 +0000

Calls have been made for the government to put a cap on the interest rates charged on personal loans. This follows research that showed that most consumers in Britain want to see a cap on the rates of interest that lenders can charge for personal loans. The research was carried out recently by Compass on [...]

Personal loan rates need to be capped is a post from: The Money Stop

Lenders cut fixed rate mortgage rates

Reno — Thu, 12 Aug 2010 15:18:05 +0000

According to industry reports a number of lenders have slashed the rates on their fixed rate mortgage offerings even though the Bank of England decided to keep the base interest rate on hold again this month at its record low of 0.5 percent. A number of building societies and banks have cut the rates on [...]

Lenders cut fixed rate mortgage rates is a post from: The Money Stop

What to look for with a personal loan

Reno — Thu, 05 Aug 2010 15:21:34 +0000

Whilst credit conditions have undoubtedly been strained over the past couple of years many believe that things are now easing up in the financial markets, and whilst lenders have not gone back to the days of easy credit the availability of loans and finance does appear to be easing up to some degree. With this in [...]

What to look for with a personal loan is a post from: The Money Stop

Lack of awareness about mortgage rates amongst UK consumers

Reno — Fri, 09 Jul 2010 21:01:03 +0000

It has been claimed in a recent report that there is a severe lack of awareness amongst UK consumers when it comes to their mortgage interest rates. The data comes from a study that was carried out for the Consumer Financial Education Body, and involved polling over two thousand consumers about their mortgage interest rates. The [...]

Lack of awareness about mortgage rates amongst UK consumers is a post from: The Money Stop

Further increase expected with credit card interest rates

Reno — Mon, 05 Jul 2010 17:21:23 +0000

Over recent years there has been a lot of controversy with regards to the high rate of interest that is charged on many credit cards, with campaigners, consumers, and various other officials pointing out that the gap between the base interest rate – which is at its lowest level on record at just 0.5 percent [...]

Further increase expected with credit card interest rates is a post from: The Money Stop