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Tag Archive 'cars'

Banks up interest rates

News Week; 6th October 2008
Personal loan interest rates are increasing rapidly in the current climate; Lloyds TSB has seen some of its loans increase by up to 37%, a huge mark-up for the consumer, especially in this dire financial situation. 

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The credit crunch: An 18 month munch

News Week: 22nd September 2008
The credit crunch has really hit hard these past few weeks; £100 billion has been wiped off from the stock markets and predictions into the economic future seem bleak. Estimations form Britain’s largest mortgage provider, HBOS, are that the credit crunch could last another 18 months.

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