http://www.paydayloancentre.co.uk/images/pdlc-logo.jpg http://www.paydayloancentre.co.uk Loan News Updated Regularly http://www.paydayloancentre.co.uk en-uk Payday Loans The recession and the downturn in the UK economy has resulted in many people looking for ways in which they can raise some finance. http://www.paydayloancentre.co.uk/news/secured-loan-market-is-still-thriving.html http://www.paydayloancentre.co.uk/news/secured-loan-market-is-still-thriving.html According to new research the number of people having to resort to applying for expensive payday loans has increased significantly over the past few years. http://www.paydayloancentre.co.uk/news/payday-loans-on-the-increase.html http://www.paydayloancentre.co.uk/news/payday-loans-on-the-increase.html According to new research debt on a secured loan may be more cost effective for borrowers than putting expenses onto a credit card. http://www.paydayloancentre.co.uk/news/loans-could-be-more-cost-effective-than-credit-cards.html http://www.paydayloancentre.co.uk/news/loans-could-be-more-cost-effective-than-credit-cards.html A brand new short term loan product has been recently launched by a company based in Herefordshire. http://www.paydayloancentre.co.uk/news/market-sees-new-loan-service.html http://www.paydayloancentre.co.uk/news/market-sees-new-loan-service.html UK’s largest mortgage bank Lloyds have been included in the group’s most toxic assets and put into the government’s insurance scheme in order to help the company against the decrease in house prices. http://www.paydayloancentre.co.uk/news/Lloyds-TSB-mortgage-loans-put-into-government-insurance-scheme.html http://www.paydayloancentre.co.uk/news/Lloyds-TSB-mortgage-loans-put-into-government-insurance-scheme.html Even with the UK economy in recession and getting into debt maybe something people want to avoid, students still have to take out loans to help finance them through their University days. http://www.paydayloancentre.co.uk/news/loans-are-still-the-only-option-for-students.html http://www.paydayloancentre.co.uk/news/loans-are-still-the-only-option-for-students.html A loan shark has been caught out after he was found lending money in unreasonable ways to vulnerable customers. http://www.paydayloancentre.co.uk/news/loan-shark-caught-out.html http://www.paydayloancentre.co.uk/news/loan-shark-caught-out.html According to new figures nearly seventy-five per-cent of students from the European Union are not paying back their students loans. http://www.paydayloancentre.co.uk/news/european-students-fail-to-payback-student-loans.html http://www.paydayloancentre.co.uk/news/european-students-fail-to-payback-student-loans.html According to research in the last part of last year people in their twenties and in particular women are faced with significantly higher loan costs. http://www.paydayloancentre.co.uk/news/larger-loan-costs-for-women-in-their-twenties.html http://www.paydayloancentre.co.uk/news/larger-loan-costs-for-women-in-their-twenties.html New research reveals that student loan companies could have to start paying back to the borrowers as a result of the way interest is charged on the loans. http://www.paydayloancentre.co.uk/news/you-could-be-on-the-money-if-you-have-a-student-loan.html http://www.paydayloancentre.co.uk/news/you-could-be-on-the-money-if-you-have-a-student-loan.html A company in St Albans city centre started advertising personal loans with interest rates of almost 150% APR. http://www.paydayloancentre.co.uk/news/interest-charges-on-short-term-loans-cause-concern.html http://www.paydayloancentre.co.uk/news/interest-charges-on-short-term-loans-cause-concern.html Payday loans are often taken out by those people who have the least money however they do have a reputation of charging huge rates of interest and as much as 2,000% in some cases. http://www.paydayloancentre.co.uk/news/payday-loans-charge-over-the-top-interest.html http://www.paydayloancentre.co.uk/news/payday-loans-charge-over-the-top-interest.html According to one financial expert, the number of payday loan applications is leveling out which could indicate that householders are coping better with their money situation. http://www.paydayloancentre.co.uk/news/payday-loan-applications-evening-out.html http://www.paydayloancentre.co.uk/news/payday-loan-applications-evening-out.html With the ever increasing pressures on the consumer many individuals are finding these tough economic times difficult with even the basic day to day spending. Many individuals are turning to loan sharks or pay day loan providers to find extra cash to survive. http://www.paydayloancentre.co.uk/news/keep-on-top-of-payday-loan-interest-charges.html http://www.paydayloancentre.co.uk/news/keep-on-top-of-payday-loan-interest-charges.html According to Sainsbury’s finance, the number of personal loans being taken out for home improvements have increased. http://www.paydayloancentre.co.uk/news/personal-loans-taken-out-for-home-improvements.html http://www.paydayloancentre.co.uk/news/personal-loans-taken-out-for-home-improvements.html The number of homeowners who have taken out mortgage loans which are equal to the value of their homes and in some cases more have increased a significant amount. http://www.paydayloancentre.co.uk/news/mortgage-loans-to-the-value-of-homes-taken-out.html http://www.paydayloancentre.co.uk/news/mortgage-loans-to-the-value-of-homes-taken-out.html Tesco personal finance has announced that it will be withdrawing from the personal loans market. http://www.paydayloancentre.co.uk/news/tesco-pulls-out-of-the-personal-loans-market.html http://www.paydayloancentre.co.uk/news/tesco-pulls-out-of-the-personal-loans-market.html According to Sainsbury’s Finance, the amount of loans taken out for consolidating debts could amount to almost £3 billion by Easter. http://www.paydayloancentre.co.uk/news/by-Easter-debt-consolidation-loans-could-reach-3-Billion.html http://www.paydayloancentre.co.uk/news/by-Easter-debt-consolidation-loans-could-reach-3-Billion.html Many homeowners did not realise that if they miss payments on their personal loan or credit card, they could be at risk of loosing their home. http://www.paydayloancentre.co.uk/news/missed-loan-and-credit-card-payments-could-lose-you-your-home.html http://www.paydayloancentre.co.uk/news/missed-loan-and-credit-card-payments-could-lose-you-your-home.html If the Bank of England decides to cut rates gain this week then this could do more harm than good for home loan funds in the UK. http://www.paydayloancentre.co.uk/news/loan-funds-could-be-affected-by-further-rate-cuts.html http://www.paydayloancentre.co.uk/news/loan-funds-could-be-affected-by-further-rate-cuts.html Another eighteen developers in Northern Ireland have shown interest in the Ulster Bank’s Momentum loan which has been designed to help get first time buyers onto the property ladder. http://www.paydayloancentre.co.uk/news/ulster-banks-momentum-loans-to-help-first-time-buyers.html http://www.paydayloancentre.co.uk/news/ulster-banks-momentum-loans-to-help-first-time-buyers.html Recent figures have shown that interest rates on persnal loans have gone up by as much as 3.4% in some cases. http://www.paydayloancentre.co.uk/news/interest-rates-on-loans-go-up-by-3-4.html http://www.paydayloancentre.co.uk/news/interest-rates-on-loans-go-up-by-3-4.html The number of people calling helpline numbers for help has significantly increased. There is a worry that with the UK officially in recession, hundreds of families will be drawn into taking out loans in an attempt to try and pay for expenses. http://www.paydayloancentre.co.uk/news/families-call-for-help-as-the-need-to-take-out-loans-increases.html http://www.paydayloancentre.co.uk/news/families-call-for-help-as-the-need-to-take-out-loans-increases.html The number of mortgage loans approved by banks in the UK for home buyers went down by around fifty-two per-cent in 2008. http://www.paydayloancentre.co.uk/news/mortgage-bank-loans-are-down-by-fifty-two-per-cent.html http://www.paydayloancentre.co.uk/news/mortgage-bank-loans-are-down-by-fifty-two-per-cent.html According to new research from Moneyfacts.co.uk the cost of borrowing personal loans in the UK has risen sharply. http://www.paydayloancentre.co.uk/news/cost-of-borrowing-personal-loans-rises-sharply.html http://www.paydayloancentre.co.uk/news/cost-of-borrowing-personal-loans-rises-sharply.html Sainsbury’s have announced that they have cut personal loan rates by between the range of £7,000 and £25,000. http://www.paydayloancentre.co.uk/news/loan-rates-cut-by-sainsburys.html http://www.paydayloancentre.co.uk/news/loan-rates-cut-by-sainsburys.html Couples in the UK who have financial worries are advised to keep their options open in the current economic climate and consider secured loans new research suggests http://www.paydayloancentre.co.uk/news/couples-could-benefit-from-secured-loans.html http://www.paydayloancentre.co.uk/news/couples-could-benefit-from-secured-loans.html A decision has been made by some of the UKs largest banks to stop selling loan insurance, otherwise known as payments protection insurance (PPI) if customers purchase it with a single payment. http://www.paydayloancentre.co.uk/news/five-of-uks-largest-banks-stop-selling-loan-insurance.html http://www.paydayloancentre.co.uk/news/five-of-uks-largest-banks-stop-selling-loan-insurance.html A leading conservative spokesman suggested that payday loan companies are charging obscene interest rates. http://www.paydayloancentre.co.uk/news/over-the-top-interest-charged by-payday-loans.html http://www.paydayloancentre.co.uk/news/over-the-top-interest-charged by-payday-loans.html This month Locate Payday Loans, UK based company launch their new product where consumers can apply for payday loans fast and online. http://www.paydayloancentre.co.uk/news/new-payday-loan-online-application-is-launched.html http://www.paydayloancentre.co.uk/news/new-payday-loan-online-application-is-launched.html The UK Government plans to help out small businesses by guaranteeing loans to them. http://www.paydayloancentre.co.uk/news/tracker-mortgage-loans-may-be-the-safer-option.html http://www.paydayloancentre.co.uk/news/tracker-mortgage-loans-may-be-the-safer-option.html The UK Government plans to help out small businesses by guaranteeing loans to them. http://www.paydayloancentre.co.uk/news/20-billion-worth-of-loans-labour-to-guarantee-for-small-uk-businesses.html http://www.paydayloancentre.co.uk/news/20-billion-worth-of-loans-labour-to-guarantee-for-small-uk-businesses.html A new scheme launched by the Bank of England will offer loans worth billions of pounds to UK banks. http://www.paydayloancentre.co.uk/news/small-businesses-and-the-uk-car-industry-may-benefit-from-government-loans.html http://www.paydayloancentre.co.uk/news/small-businesses-and-the-uk-car-industry-may-benefit-from-government-loans.html The Stop Loan Sharks team has commenced work in North Lincolnshire in the aim to try to cut down loan sharks in the area. http://www.paydayloancentre.co.uk/news/team-attempts-to-deal-with-loan-sharks.html http://www.paydayloancentre.co.uk/news/team-attempts-to-deal-with-loan-sharks.html The demand for unsecured borrowing by small businesses seems to be on the decline. http://www.paydayloancentre.co.uk/news/small-business-unsecured-loans-on-the-decline.html http://www.paydayloancentre.co.uk/news/small-business-unsecured-loans-on-the-decline.html Borro.com, the online pawnbroker in the UK is offering loan borrowers a months free from paying interest on short-term loans. http://www.paydayloancentre.co.uk/news/no-interest-for-first-month-on-short-term-loans-from-borro-com.html http://www.paydayloancentre.co.uk/news/no-interest-for-first-month-on-short-term-loans-from-borro-com.html Nationwide the high street mortgage loan lender has decided it can no longer offer customers the benefits of any further Bank of England interest rate cuts. http://www.paydayloancentre.co.uk/news/mortgage-loan-lender-puts-a-stop-to-further-savings.html http://www.paydayloancentre.co.uk/news/mortgage-loan-lender-puts-a-stop-to-further-savings.html Loans for commercial property investors are on the decline based on latest published figures.  http://www.paydayloancentre.co.uk/news/commercial-property-loans-on-the-decline.html http://www.paydayloancentre.co.uk/news/commercial-property-loans-on-the-decline.html According to the British Bankers association mortgage approvals has hit a 14 year low in November 2009. http://www.paydayloancentre.co.uk/news/home-loans-hits-all-time-14-year low.html http://www.paydayloancentre.co.uk/news/home-loans-hits-all-time-14-year low.html The APR borrowers will be paying back on personal loans has increased significantly since the beginning of the year. http://www.paydayloancentre.co.uk/news/interest-on-loans-increases-massively.html http://www.paydayloancentre.co.uk/news/interest-on-loans-increases-massively.html It has been reported that the government is going to lend money to businesses that have been finding it difficult through the recent recession. http://www.paydayloancentre.co.uk/news/Government-may-lend-loans-to-businesses.html http://www.paydayloancentre.co.uk/news/Government-may-lend-loans-to-businesses.html Consumers have been warned by the Riverside Group and The Stop Loan Sharks project to beware of loan sharks who are taking advantage of the current economic climate and preying on the vulnerable. http://www.paydayloancentre.co.uk/news/watch-out-for-loan-sharks.html http://www.paydayloancentre.co.uk/news/watch-out-for-loan-sharks.html Research from the Bank of England showed that consumers are finding it increasingly hard to make ends meet with a combination of less disposable income available to spend and rising debt. http://www.paydayloancentre.co.uk/news/rising-debts-with-incease-in-loans-and-mortgage-payments.html http://www.paydayloancentre.co.uk/news/rising-debts-with-incease-in-loans-and-mortgage-payments.html Home loan figures are again in the spotlight as recent market figures suggest loan level figures are considerably lower than figures for last year http://www.paydayloancentre.co.uk/news/Home-loan-figures-come-under-par.html http://www.paydayloancentre.co.uk/news/Home-loan-figures-come-under-par.html Unsecured loans seem to be costing more despite the recent base rate cut. http://www.paydayloancentre.co.uk/news/the-cost-of-unsecured-loans-on-the-rise.html http://www.paydayloancentre.co.uk/news/the-cost-of-unsecured-loans-on-the-rise.html With new plans for building society Nationwide to have a risk based plan for those applying for personal loans, those on low incomes could face soaring interest rates. http://www.paydayloancentre.co.uk/news/High-loan-interest-rates-will-hit-the-poor.html http://www.paydayloancentre.co.uk/news/High-loan-interest-rates-will-hit-the-poor.html The difference in cost of getting a personal loan and interest rates figures has seen a substantial difference over the last two months. http://www.paydayloancentre.co.uk/news/Loan-rates-increase-as-base-rate-falls.html http://www.paydayloancentre.co.uk/news/Loan-rates-increase-as-base-rate-falls.html Even if you are up to date with all your mortgage payments, credit card and all sorts of loan debt may result in you loosing your home http://www.paydayloancentre.co.uk/news/Loan-debt-could-lead-to-repossession.html http://www.paydayloancentre.co.uk/news/Loan-debt-could-lead-to-repossession.html Mortgage lenders were told to treat mortgage loan customers fairly or they could be faced with a fine. http://www.paydayloancentre.co.uk/news/Be-fair-over-mortgage-loan-arrears-lenders-are-told.html http://www.paydayloancentre.co.uk/news/Be-fair-over-mortgage-loan-arrears-lenders-are-told.html As many as seventy-nine per-cent of loans in the UK may not be fair which could open up compensation claims for borrowers according to Unfair Made Fair. http://www.paydayloancentre.co.uk/news/Loans-under-review.html http://www.paydayloancentre.co.uk/news/Loans-under-review.html The findings which came as a shock from “In the Red” campaign which was run by the National Union of Students suggested that just one per-cent of Students from Swansea University have built up debt of nearly £3 million. http://www.paydayloancentre.co.uk/news/Student-debt-in-excess-of-3-million.html http://www.paydayloancentre.co.uk/news/Student-debt-in-excess-of-3-million.html As a result of inflation forecasted to fall by under zero per-cent the interest on student loans could be wiped away. http://www.paydayloancentre.co.uk/news/Student-loans-interest-could-be-banished.html http://www.paydayloancentre.co.uk/news/Student-loans-interest-could-be-banished.html According to debt charity Credit Action, UK consumers have had to resort to taking out high interest loans and credit cards in order to finance their debts. http://www.paydayloancentre.co.uk/news/Consumers-warned-to-avoid-high-interest-loans.html http://www.paydayloancentre.co.uk/news/Consumers-warned-to-avoid-high-interest-loans.html As a result of many banks with holding companies in the UK from getting credit including loans, the Government has announced that it will help by offering loans. http://www.paydayloancentre.co.uk/news/Government-Loans-to-be-offered-to-small-businesses.html http://www.paydayloancentre.co.uk/news/Government-Loans-to-be-offered-to-small-businesses.html According to the global information services company Experian, there has been a big rise in the number of people trying to get car loans fraudulently since the beginning of this year. http://www.paydayloancentre.co.uk/news/Rise-in-fraudulent-car-loan-applications.html http://www.paydayloancentre.co.uk/news/Rise-in-fraudulent-car-loan-applications.html High Street banks are due to make billions of pounds on lending charges from loans and mortgages. http://www.paydayloancentre.co.uk/news/Billions-to-be-made-on-loans-and-mortgages-by-high-street-banks.html http://www.paydayloancentre.co.uk/news/Billions-to-be-made-on-loans-and-mortgages-by-high-street-banks.html A survey has shown that one in ten people in the UK are turning to payday loans to get by http://www.paydayloancentre.co.uk/news/People-are-turning-to-payday-loans-to-get-by.html http://www.paydayloancentre.co.uk/news/People-are-turning-to-payday-loans-to-get-by.html The British Treasury has announced that the European Investment Bank (EIB) will lend £4 billion to small UK businesses which are having trouble borrow money from there normal sources. http://www.paydayloancentre.co.uk/news/small-businesses-to-receive-4-billion-in-loans.html http://www.paydayloancentre.co.uk/news/small-businesses-to-receive-4-billion-in-loans.html People have been warned against using loan sharks and payday loan lenders to borrow money. http://www.paydayloancentre.co.uk/news/Loan-warning-issued.html http://www.paydayloancentre.co.uk/news/Loan-warning-issued.html Over the past six months about 5 million people in the UK have had applications for loans and credit cards rejected according to research from Moneyexpert.com http://www.paydayloancentre.co.uk/news/Millions-of-loan-and-credit-card-applications-declined.html http://www.paydayloancentre.co.uk/news/Millions-of-loan-and-credit-card-applications-declined.html Due to the recent credit crunch people with financial difficulties have been told to ask their local credit union for help rather than risk borrowing money from a loan shark. http://www.paydayloancentre.co.uk/news/Credit-unions-not-loan-sharks.html http://www.paydayloancentre.co.uk/news/Credit-unions-not-loan-sharks.html With times getting tougher in the UK borrowing has increased to make ends meet. The total unsecured lending stood at £215billion in August 2007 and new research from fairinvesment.co.uk shows that this figure is set to increase by 30 per cent year on year to the end of August 2008. http://www.paydayloancentre.co.uk/news/More-borrowing-despite-credit-crunch.html http://www.paydayloancentre.co.uk/news/More-borrowing-despite-credit-crunch.html Marks and Spencers are offering a 25% cashback reward to consumers who take out a personal loan by 29th October 2008. http://www.paydayloancentre.co.uk/news/Cashback-for-consumers-who-take-out-personal-loans.html http://www.paydayloancentre.co.uk/news/Cashback-for-consumers-who-take-out-personal-loans.html New Figures released by uswitch.com show the credit crunch squeeze means that consumers are borrowing less on unsecured personal loans http://www.paydayloancentre.co.uk/news/Decreasing-borrowing-for-personal-loans.html http://www.paydayloancentre.co.uk/news/Decreasing-borrowing-for-personal-loans.html This week the first online service offering customers a short term loan was launched by BORRO (borro.com).  http://www.paydayloancentre.co.uk/news/New-Online-loan-service-launched-by-Borro.html http://www.paydayloancentre.co.uk/news/New-Online-loan-service-launched-by-Borro.html After a growing demand for a safe and easy cash advance service which is regulated by the government logbookloans.tv has launched a new pay day loan service that people can trust. http://www.paydayloancentre.co.uk/news/Cash-lifeline-till-payday-launched-by-logbook-loans-tv.html http://www.paydayloancentre.co.uk/news/Cash-lifeline-till-payday-launched-by-logbook-loans-tv.html Payday power recently launched payday loans with a difference. http://www.paydayloancentre.co.uk/news/Low-risk-payday-loans.html http://www.paydayloancentre.co.uk/news/Low-risk-payday-loans.html Payday loans could be a thing of the past if lobbying groups have it there way. http://www.paydayloancentre.co.uk/news/Payday-loans-under-investigation.html http://www.paydayloancentre.co.uk/news/Payday-loans-under-investigation.html