New Experian tool to help tenants build credit history

Credit Builder software has linked tenants’ rent payments to their Experian Credit report, providing a full and concise report for lettings agents, landlords and lenders. So will this new technology help non-homeowners get unsecured loans or even see them buy a property of their own. The Credit builder is a digital platform to which tenants […]

Loans for cars drive household lending

Recently released Bank of England figures show that a surge in loans for new cars was the main reason for a big increase in household lending. A loan for a car is secured against the vehicle you are buying so is classed as a secured loan, as opposed to an unsecured loan which is not. […]