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23 Jan 2020

Around 33% of Britons say they may have spent more than their affordability over the holiday season. Many are now…

23 Jan 2020

Lloyds Banking Group has issued warnings to its customers about possible actions that can be taken on their accounts in…

22 Jan 2020

It may be the season to be jolly, but for many, the festive period comes at a cost: a financial…

22 Jan 2020

The program, being launched by Money and Pensions Service (MaPS), aims to improve the financial well-being of millions in the…

22 Jan 2020

The loan would be utilized by the Hyde Housing Association for its 5-year development plan. Other lenders include NatWest, which…

21 Jan 2020

Millennials are expected to own a much smaller fraction of the housing market in the US by the time they…

21 Jan 2020

The budget presented by Governor Gavin Newsom highlights additional funding for the revamp of the Department of Business Oversight. The…

20 Jan 2020

From November to December 2019, consumer spending declined by 0.6%. PM Boris Johnson’s win has resulted in improved confidence for…

20 Jan 2020

According to IMLA, mortgage lending is expected to increase by 1.4% in 2020 to £268 billion. The increase comes as…

17 Jan 2020

Mortgage rates are currently at one of the lowest points in history, prompting borrowers to refinance or buy new homes.…

17 Jan 2020

Bank of England data shows credit card customers are set to increase consumption this quarter. At the same time, large…

16 Jan 2020

A recent ban implemented by the government in the UK has disallowed the use of credit cards for the purpose…

16 Jan 2020

FICO scores in the US stood at an average of 703 in 2019, the highest point in history, according to…

11 Jan 2020

Current outstanding mortgage debt, as of Q3 2019, stood at $15.8 trillion. Mortgage debt will likely increase further due to…

11 Jan 2020

Recommended changes could help those maintaining cash savings accounts bring in an additional £260 Million in interest income per year.…

11 Jan 2020

Two million British people have reported that their credit score has been negatively impacted after they failed to make timely…

11 Jan 2020

The amendment calls for the number of times third-party debt collectors can make phone calls to borrowers with delinquent accounts…

09 Jan 2020

A new scheme for employee benefits has outlined that parents would now be able to borrow up to £10,000 in…

09 Jan 2020

A poll has revealed that 40% of all millennials feel they are in a good position to eliminate all debt…

08 Jan 2020

According to the results of a recently conducted survey, it has been revealed that 70% of Americans are optimistic about…

07 Jan 2020

Iwoca, a European lender operating in the UK, received over 1,200 loan applications from small business owners during the Christmas…

07 Jan 2020

Student debt has grown to $1.6 trillion, up by 107% compared to 2009 figures. In 2009, outstanding student debt stood…

06 Jan 2020

The class-action lawsuit was brought forward by 56,000 Americans, claiming Experian’s actions had damaged their credit rating. The settlement will…

06 Jan 2020

The monthly growth rate of credit card debt fell to the lowest point in November 2019, to 5.7%, in seven…

04 Jan 2020

Millions of people in the UK are carrying forward debt acquired to fund the Christmas holidays. People in some regions,…

04 Jan 2020

Changes were made to VA home loans under the 2019 Blue Water Navy Vietnam Act. Changes include removal of any…

03 Jan 2020

The housing market in the UK seems to have become attractive once again to first-time buyers, attracting the highest number…

03 Jan 2020

House loan limits have been increased in the US up to $510,400. An increased limit would allow borrowers to buy…

02 Jan 2020

The UK is launching a new online service for student loan repayments this year. The new service would allow more…

02 Jan 2020

Some banks have already increased rates, such as Nationwide which is now charging 39.9% on arranged overdrafts. Other banks, like…

01 Jan 2020

According to a poll, around 9 million people in Britain owe between £2,000-£10,000 and 5 million owe over £10,000 to…

31 Dec 2019

Credit card debt in America is at a record high, having crossed the $1 trillion mark. The interest rate and…

31 Dec 2019

A new bill is currently under consideration by lawmakers in Michigan that could potentially place many people living in the…

29 Dec 2019

Online lenders are not paying out enough return to keep investors happy, due to lower-than-expected profitability Steps are being taken…

29 Dec 2019

Thousands of people in the UK are at risk of losing the credit cards due to new rules pertaining to…

28 Dec 2019

Personal loans have traditionally been given out by lenders after checking an applicant’s credit history to verify their ability to…

27 Dec 2019

The financial crisis of the early 2000s left many mortgage borrowers in the UK with interest rates that were much…

27 Dec 2019

Out of the 45 million students with outstanding student debt, around 33% of them belong to the 25 to 34-year-old…

24 Dec 2019

Summary In the course of the last decade, homeownership under owner-occupation has reduced by 6%, particularly worse in the case…

19 Dec 2019

Demand for mortgages slow down, but applications are still high in comparison to the same period in 2018Mortgage refinance applications…

19 Dec 2019

Fort Worth Council passes new regulations for payday loans.Payday loan lenders downplay impact of payday loan regulationsCalls for online lending…

18 Dec 2019

Short Term loans lender MMP Financial Limited goes into administrationMMP Financial’s payday loans lenders Swift Sterling and My Money Partner…

18 Dec 2019

Payday lenders closing trigger loans volume declineStringent FCA regulations take a toll on Payday loans businessRisk of loan sharks may…

17 Dec 2019

UK P2P Platforms CollapseFocus on Institutional Investors in P2P LendingStringent P2P FCA Regulations The once-booming U.K peer-to-peer-lending industry faces an…

17 Dec 2019

Starling Bank to move from the 15% flat rate on overdraft fee for borrowingUnder new changes, Starling Bank will charge…

16 Dec 2019

Monzo to charge customers with low credit scores higher overdraft chargesMonzo to drop the 50p daily fee charge and start…

16 Dec 2019

The upsurge in car finance demand for used carsCar finance costs on the riseNew cars lease on the rise Demand…

13 Dec 2019

Utah booming payday loan industryInflux of payday and title loans providersPayday lenders lobby regulators to shun interest rate caps Arrests…

13 Dec 2019

Quicken Loans indicates that it’s on track to reach $140 billion originations in home loansThe firm benefitted from a surge…

12 Dec 2019

Tymit Installment plan featuresHow to save with Tymit Credit cardTymit credit card charges Tymit is a one of a kind…

12 Dec 2019

High-cost lenders closing down over strict FCA RegulationsSmall Lenders presented an opportunity  to fill  gap  in short term loans supplyCalls…

11 Dec 2019

Wealth Asset Survey indicate that household debt in the UK has reached £1.28 trillionAlmost 90% of the total household debt…

11 Dec 2019

Payday loans lender PiggyBank collapses leaving 45,000 customers in financial uncertaintyFCA raised concerns regarding the lender’s affordability checksPiggyBank’s parent company…

10 Dec 2019

Zopa announces largest ever securitization of loans of ~£245 millionThe loans receive AAA rating which is the first for a…

10 Dec 2019

Fix Auto launches interest-free car finance scheme for helping car owners’ finance repairsThe application process for car finance takes less…

09 Dec 2019

MoneyThing is closing down with immediate effect as tighter regulations continue to hurt small lendersThe loan provider closes with an…

09 Dec 2019

Tandem is replacing its cashback credit card with a new premium membership credit cardTandem’s cashback credit card offered 0.5% cashback…

06 Dec 2019

Uber to introduce a loan program to give drivers access to financial servicesLoan program to give drivers access to short…

06 Dec 2019

HSBC to increase overdraft rate to 39.9% in line with new FCA regulationsHSBC to remove £5 daily fee on unarranged…

05 Dec 2019

New credit tool helping consumers know whether they qualify for 0% interest credit balance transferConsumers will no longer wait until…

04 Dec 2019

Payday loans lenders are facing increasing regulatory scrutiny but have found ways to circumvent regulationsFlorida online payday loans interest capped…

03 Dec 2019

Cazoo has launched a car finance platform making the purchase of used cars effortlessCazoo recently raised £25 million from venture…

02 Dec 2019

The UK’s FCA has placed payday loan lender 247 Moneybox under joint administration247 Moneybox becomes the latest payday loan lender…

29 Nov 2019

UK borrowers will soon forget expensive payday loans with new loans marketplaceThe Co-operative Bank and Freedom Finance launch service allowing…

28 Nov 2019

Vitality and Amex partner to launch Vitality Amex cashback credit cardCustomers earn cashback on the credit card for exercising and…

27 Nov 2019

Halifax launches new variable rate mortgage with an initial rate of 0.98% Mortgage rates have been dropping, but mortgagors prefer…

26 Nov 2019

PeerStreet showing rapid growth and it has hit $3 billion in loans since 2015 Peerstreet secures $60 million funding and…

25 Nov 2019

Over 1 million universal credit claimants have their benefits recouped to settle debts and loans Universal credit is pushing people…

22 Nov 2019

PayPal has agreed to acquire deal-finding platform Honey for $4 billion PayPal to integrate the money-saving service to its product…

21 Nov 2019

The Financial Conduct Authority and UK Finance partner to help mortgage prisoners out of expensive loans UK Finance, FCA and…

20 Nov 2019

Hackers steal credit card information of Macy’s Customers Macy's indicates it has completed an investigation on the breach and it…

19 Nov 2019

H&T Shares Tank 25% Following Payday Loan Lending Probe By FCA Shares of H&T plunge after company says it is…

18 Nov 2019

  Payday loan lender Non-standard Finance announce a decline in operating profits NSF expects a decline in growth of medium-term…

15 Nov 2019

Five legislators to bring a bill to the House that will cap payday loans interest rates at 36% Congress wants…

14 Nov 2019

Credit rating agency Moody’s say UK rating could be downgraded amid the ongoing Brexit gridlock Anticipated general election and divisions…

13 Nov 2019

Private loans company Owl Rock sells 20% stake to Dyal Capital Partners Owl Rock receives $500 million from partnership to…

12 Nov 2019

Apple credit card accused of offering women lower credit limit despite having better scores than their spouses Goldman Sachs, the…

11 Nov 2019

Payday loans lender faces a wave of compensation claims that cost it £5.7 million in the second half of 2018…

11 Nov 2019

Stella Creasy calls for investigation of FCA over the collapse of payday loans lenders Wonga and QuickQuid investigate by FCA…

08 Nov 2019

Norwegian Air partners with Synchrony and MasterCard to launch its first-ever rewards credit card in the US New rewards credit…

07 Nov 2019

Community lenders could be a solution to the lenders following the collapse of predatory payday lenders Partnerships between credit unions…

06 Nov 2019

Accused companies and owners violated TSR by charging advance fees before adjusting student loans Companies lied about debt forgiveness within…

05 Nov 2019

John Lewis partnership credit card offering double points this Christmas period Customers to receive £30 voucher for spending £250 at…

04 Nov 2019

UK’s biggest lenders write off loans of £1.76 billion a more than 50% from last year Growing bad debt a…

01 Nov 2019

Michaels Hodges said in a webinar that payday lenders donating to Trump campaign could Capture the attention of white House…

31 Oct 2019

Debt consolidation can help boost your credit score besides making payment of your bills modest. The process of debt consolidation…

30 Oct 2019

The Financial Conduct Authority has removed regulations that bar mortgage prisoners from transferring their high mortgage rate product to another…

29 Oct 2019

At the end of last year, the US credit card debt was around $900 billion which was the largest ever.…

28 Oct 2019

Payday loans could soon be a thing of the past after Softbank indicated that it will invest £510 million Greensill.…

25 Oct 2019

In September the proportion of new mortgages in the UK approved by banks dropped to a new six-month low. However,…

25 Oct 2019

The UK’s largest Payday loans lender QuickQuid is to close which will leave several complaints regarding its lending unresolved. The…

24 Oct 2019

The UK Financial Conduct Authority has announced a ban on car finance commission following complaints that dealers are exploiting customers.…

24 Oct 2019

Google announced recently that it had banned payday loan apps from its apps store. This is a move that the…

24 Oct 2019

Payday loans are there to save a situation whenever things get worse and no one is ready to loan you.…

23 Oct 2019

Peer-to-peer lender Funding Circle has indicated that loans under management had hit £3.7 billion and that it is on track…

21 Oct 2019

Financial tech app Venmo has been an important tool in the transfer of funds between family members and friends. The…

18 Oct 2019

Internet-based bank First Direct will start allowing customers with bad credit histories to open accounts. This is in a bid…

17 Oct 2019

Sometimes having a huge credit card balance with a high-interest rate may appear impossible to pay off. However, you can…

16 Oct 2019

Health Saving Account (HSA) is portable and it offers a multifaceted solution that helps in saving for future expenses in…

16 Oct 2019

There is a growing trend among millennials that entails extreme savings so that the can retire early. Millennials are calling…

16 Oct 2019

As you approach retirement you may start thinking of how you will spend your time after retiring. Besides engaging in…

14 Oct 2019

Life has its fair share of worries and uncertainties. Financial planning and prosperity are some of the concerns that occupy…

08 Oct 2019

After a considerably long period of time, the technology installed within credit cards has finally received an upgrade, thanks to…

07 Sep 2018

Compare Loan Providers With hundreds of lenders currently operating in the UK loans market, wading through each individual provider is…

17 Feb 2016

Share this image on your site: <img src="https://www.creditraters.com/wp-content/uploads/2016/02/declined-credit.png" width="100%" alt="Declined Credit? Top 20 Ways To Have Fun This Autumn"><strong>Declined Credit?…