Top Loans Report – July

Looking for the best rate on a personal loan? The team here at UK loans has decided to make life easier for you by researching the market and presenting the top deals.
Looking for the best rate on a personal loan? The team here at UK loans has decided to make life easier for you by researching the market and presenting the top deals.
This week lenders have found themselves under increasing pressure amid concerns over the consumer credit market. This follows the Bank of England’s recent directive which will see banks reserve a further £11.4BN in order to strengthen finances and mitigate the risk of bad loans.
According to official figures, the UK property market is booming. Following a slow period during the recession, it’s now estimated that, in London, prices are up around 27% from their 2007 peak. Read More »
Consumer confidence surged to a 15-year high last month, with GFK finding that the public mood was more optimistic than at any point since January 2000. The result of this was somewhat inevitable: people flocked to the high street in their droves.
Recent figures show that consumers are switching to contactless payments in their millions. In 2014, contactless spending increased by 108% in volume and around 115% in value. Read More »