Consumers were warned today that borrowing rates could rise further after tough new regulations were drawn up to boost the amount of spare cash held by banks.
Millions of student loan holders will no longer pay zero interest from next month as the rate for the new academic year will start at 1.5%, it was announced today.
The Student Loans Company (SLC) has vowed to ensure all university goers who applied for finance on time will have their loans and grants available by the start of the academic year.
Nationalised Northern Rock plans to start offering credit cards and personal loans again as it readies itself for sale to the private sector, the group revealed today.
Taxpayer-backed Lloyds Banking Group has axed the sale of controversial debt insurance across all its brands in a landmark move, MoneySavingExpert.com can reveal.