Lending

  • LifestyleAOL

    What to do if friends or family don't pay you back

    We lose out on a jaw-dropping £1.37 billon each year because we loan money to friends and family, and they never repay it - that's an astonishing 57% of everything we lend to them that is lost forever. Bad debts between friends and family can

    4-min read
  • LifestyleAOL

    The destructive force that ruins more relationships than Brexit

    There's a powerfully destructive force that has destroyed more friendships and family relationships than even Brexit can manage. A new study has revealed this money issue has destroyed 12.6 million relationships across the UK. The force in

    3-min read
  • NewsAOL

    Does peer-to-peer lending have a place in your portfolio

    Peer-to-peer (P2P) lenders have been offering savers a superior return to cash for over a decade without fully breaking into the mainstream. They have "loaned" around £2bn in the last 12 months, but this nevertheless remains a drop in

    4-min read
  • LifestyleAOL

    Should you lend money to friends?

    More than three quarters of people would be happy to lend money to a friend if they asked. It feels like the right thing to do when they are in a financial hole and you can afford to help them out. However, according to Topcashback.co.uk, only

    3-min read
  • BusinessAOL

    Slashed savings rates mean savers miss out on £5 billion in interest

    Banks and building societies have made 2,000 cuts to savings rates over the last two years. In fact, savers are earning £5 billion less in high street accounts now than they would have done if the rates had stayed the same. During this period

  • BusinessAOL

    Mortgage lending flattening out

    Mortgage lending took a pause in May amid signs that the pace of the housing market recovery is softening, banks and building societies have reported. Some £16.5 billion-worth of home loans are estimated to have been handed out last month,

  • BusinessAOL

    Business lending scheme expanded

    Investment in a lending scheme aimed at boosting exports is to be doubled to £3 billion under a raft of measures to help business drive economic recovery. The Chancellor said exports were increasing, but he wanted to spread the Made in Britain