The new year could bring good news for millions of borrowers as personal loan rates begin to fall. One expert from financial analyst service Moneyfacts has pointed out that the market has finally settled after leaving behind six per cent personal loans. “Only 14 days into January, and five lenders have reduced rates by as… Read more

Borrowers do not necessarily have to feel negative about the Bank of Englands decision to keep interest rates at 5.5 per cent, one finance expert has claimed. Gary Brook of Leeds Building Society says that following yesterdays announcement, many people with home loans or mortgages will be disappointed that they will not see a reduction… Read more

After a heavy-spending Christmas period many people will be looking to sort out their finances for the new year, with unsecured loans one way of paying off debts. A new service which offers same-day funds for unsecured loans for new and existing customers has been launched by Alliance and Leicester, which it claims is ideal… Read more

The end of the year is the perfect time to organise your personal finances, according to moneysupermarket.com. Changing over providers for utilities, credit cards and mortgages can save thousands of pounds in the new year, and start off 2008 in a better financial position. Tim Moss, the companys loans expert, explained: “This could be the… Read more