Loans News

If you’re worried about paying your student loan back, this should make you feel a bit better: The largest university debt in the UK has been revealed to be a stomach-churning £189,000. The discovery...

Around 78,500 customers mis-sold payday loans from QuickQuid and Pounds to Pocket are entitled to refunds of some of the interest and fees they were charged. However, as with many settlements...

The Bank of England is considering easing mortgage rules to allow lenders to hand out more large loans—a move that could push up house prices but also make it easier for buyers to get on the property...

Under newly proposed regulations, shoppers will face creditworthiness assessments before signing up to buy now, pay later (BNPL) agreements and will be able to take complaints about the service to the...

Facing increased scrutiny from regulators and the media for the buy now, pay later (BNPL) service it made ubiquitous at online checkouts, Klarna has overhauled its offering, launching a “pay now”...

Digital bank Monzo is entering the controversial buy now, pay later (BNPL) market with its new Flex service which allows users to borrow up to £3,000.Monzo says it has taken “the best bits” of BNPL,...

Buy now, pay later (BNPL) schemes have become ubiquitous on online checkouts over the last few years, with millions of us splitting payments to vendors through Klarna and Clearpay. But while these...

Cautious consumers limited their spending and borrowing this summer, suggesting that the Roaring Twenties predicted for a post-pandemic Britain doesn’t have much bark.The Bank of England’s latest...

Troubled guarantor lender Amigo is warning that the millions it owes in compensation to customers could topple it this year, as it continues to wrangle with regulators over a rescue plan.Amigo lends...

Buy now, pay later (BNPL) startup Klarna continues to attract more customers at online checkouts with payment plans it says are fairer and more accessible than credit cards. But defaults on these...