Archive for December, 2010
Halifax customers’ pay delayed by technical problem
A technical problem has delayed transactions for Halifax bank customers, including those waiting for wages to enter their account. The bank, now nationalised and part of the Lloyds Banking Group, said the fault in processing debits and credits for Halifax and Bank of Scotland customers had now been fixed. The bank has apologised for the [...]
December 31, 2010
Tags: Bankrupcy, banks, Credit Crunch, Loan calculator, loans, loans rates, nationalisation Posted in: Borrowing Costs, Credit Crunch, Debt Management, Lenders, Loans Calculators, Uncategorized 
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UK government support for banks did not increase lending
A government plan to nationalise and protect the assets of Royal Bank of Scotland and Lloyds had a beneficial impact on the markets, the National Audit Office says. But the NAO said the Asset Protection Scheme (APS) did not fully succeed in its aim of boosting bank lending. The APS was set up in 2009 [...]
December 30, 2010
Tags: bank lending, banks, Credit Crunch, Interest Rates, Loan calculator, nationalisation, sub prime loans Posted in: Bankrupcy, Borrowing Costs, Credit Crunch, Interest Rates, Lenders, Loans Calculators, Uncategorized 3 Comments
Office of Fair Trading warns against using loan sharks
The Office of Fair Trading is warning people not to go to loan sharks to raise cash for presents and festivities. More than a quarter of a million people may be vulnerable. “There’s a real danger this Christmas because of the financial situation people are in,” said the OFT’s director of credit, Ray Watson. Loan [...]
December 29, 2010
Tags: borrowing, consolidate debt loans, Credit Crunch, home loans, Interest Rates, Loan calculator, loans sharks, sub prime loans Posted in: Bankrupcy, Credit Crunch, Debt Management, Interest Rates, Lenders, Loans Calculators, Uncategorized 4 Comments
Loans Calculators wishes you a Merry Christmas!
Loans Calculators wishes you a Merry Christmas! Share and Enjoy:
December 24, 2010
Tags: Loan calculator Posted in: Loans Calculators, Uncategorized 2 Comments
UK government support for banks has halved taxpayer debt liabilities
UK government support for the country’s banks has fallen by half since the financial crisis to £512 billion, the National Audit Office (NAO) says. The NAO said that total guarantees, loans and equity injections from taxpayers peaked at £955 billion. However, the government agency cautioned that the Treasury would probably still be paying for its [...]
December 24, 2010
Tags: bank lending, Bankrupcy, banks, Lenders, Loan calculator, nationalisation Posted in: Bankrupcy, Borrowing Costs, Credit Crunch, Debt Consolidation, Debt Management, Interest Rates, Lenders, Loans Calculators, Uncategorized One Comment
After pressure FSA to publish limited report into RBS failings
Lord Turner, head of the Financial Services Authority (FSA) has been criticised for not releasing a report into what went wrong at RBS. The Financial Services Authority (FSA) has now pledged to publish a limited report on its findings of what went wrong at Royal Bank of Scotland (RBS). It follows criticism of RBS by [...]
December 23, 2010
Tags: Bankrupcy, banks, debt management plans, Loan calculator, nationalisation, recession Posted in: Bankrupcy, Credit Crunch, Debt Management, Lenders, Loans Calculators, Uncategorized 2 Comments
Student Loans Company taking too many payments
The Student Loans Company (SLC) has been continuing to take loan repayments for months after former students paid off their debts, it has been revealed. About 57,000 graduates are waiting for refunds after excess payments were taken out of their wage packets. Consumer organisation Which? discovered from a freedom of information request that £15m had [...]
December 22, 2010
Tags: Credit Crunch, debt management plans, Loan calculator, personal loans, refinancing rates, student loans, sub prime loans Posted in: Borrowing Costs, Credit Crunch, Interest Rates, Lenders, Loans Calculators, Uncategorized 2 Comments
UK household finances still stretched official survey finds
UK households are still struggling financially, an official survey has found. The annual poll of almost 2,000 homes for the Bank of England found more than half struggled to meet payments for credit card or other unsecured debts. About 22% of people said they were put off spending because of concern that it was becoming [...]
December 21, 2010
Tags: Bank of England, consolidate debt loans, credit cards, Credit Crunch, Interest Rates, recession Posted in: Bank of England, Credit Crunch, Lenders, Loans Calculators, Uncategorized 2 Comments
Debit cards used more than cash for the first time ever
The number of debit card payments is forecast to grow from 5.9 billion to 10.8 billion payments between 2009 and 2019, with spending to increase from £264 billion to £513 billion. The next major change for debit cards will be contactless, where embedded chips allows consumers to wave their card over a reader to pay [...]
December 20, 2010
Posted in: Uncategorized 2 Comments
FSA says failed bank bosses should have pay clawed back
The bosses of failed banks could face having two years’ pay clawed back from them, the chairman of the Financial Services Authority (FSA) has warned.He said the payback rule – which is already in place in the US – would discourage banks from taking excessive risks. His comments come after Vince Cable attacked the FSA [...]
December 17, 2010
Tags: Bank of England, Bankrupcy, banks, debt management plans, nationalisation, sub prime loans Posted in: Bankrupcy, Borrowing Costs, Credit Crunch, Debt Management, Lenders, Loans Calculators, Uncategorized 2 Comments
