Finance News – Borrowers
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Government to clamp down on ‘buy now pay later’ services such as Klarna and Clearpay
The upcoming regulations will require lenders offering deferred payment options to assess consumers' ability to repay, aiming to enhance oversight and promote responsible borrowing...
Read Full Article →Virgin Money mortgage holders cry foul over owner Nationwide’s better deals
Despite being owned by the same company, Virgin Money mortgage clients face higher costs compared to Nationwide customers, resulting in nearly £1,000 more in fees on comparable hom...
Read Full Article →Fewer borrowers falling behind on loan repayments, says Westpac
Westpac reported $3.3 billion in profits for the first half, attributing improved loan repayment rates to the recent interest rate reduction by the central bank.
Read Full Article →Fixed mortgage rates are rising. Here’s what Canadian borrowers should know
As fixed mortgage rates increase in Canada, borrowers should consider the implications of a potentially unstable interest rate environment and evaluate the benefits of holding thei...
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