Nationalised bank Northern Rock has been allowed by the government to slow down repayments of its £26 billion loan.
This represents a change of plan for the struggling bank, which previously advised customers to try and switch to another bank.
Now, the bank can afford to keep its customers, allowing them to remortgage with Northern Rock [...]

Facebook, the social networking site, has become the latest forum for high interest lenders to reach customers with bad credit.
The ads are designed to target younger people, who are more likely to have bad or no credit history.
Many boast that there is no credit check to stop people with bad credit receiving funds; but interest [...]

A leading commentator on the mortgage market has said that mortgages will become even more expensive in the new year.
Max Sinclair of Property Week says in an editorial piece that lenders will not lower LTVs and the days of cheap and easy mortgages are over.
This spells bad news for anyone searching for bad credit mortgages, for [...]