The number of people facing bad loan debts and insolvency in the UK has always been a cause for concern, but since the recent credit crunch and banking crisis hit the country a few years ago, many people who would previously not have suffered from bad loan debts have been affected.
Cheap loans an easily available [...]
For the majority of people living in the UK at the moment, the financial situation is looking fairly gloomy as the austerity measures and government cut backs begin to kick in and take effect. This, coupled with high inflation has left many individuals struggling with their day to day living expenses, let alone luxury items.
But [...]
Individuals living in the UK are still taking out personal loans, credit cards and other credit agreements at an alarming rate, despite the fact that personal loan and card debt is currently at the highest level it has ever been and is still increasing.
A few years ago, prior to the credit crunch, recession and recent [...]
Most people living in the UK at the moment have, at some time or other, applied for credit in the form of a personal loan, homeowner loan or store or credit card and if you’re reading this article, then you are probably one of the millions of people who have some or all of theses [...]
There is a curse………may you live in interesting times! For those individuals involved in the finance industry at the present time, particularly in the loan and mortgage sectors, we are certainly experiencing interesting times. Whether you are a borrower or a lender, the loan and mortgage market is a tough place following the credit crunch [...]
There is a new expression which has recently come into use within the English language, invented by economists and gleefully pounced upon by the Media. It seems almost impossible, at the moment, to watch the evening news, or turn the pages of any newspaper without finding an article somewhere about the “Credit Crunch” which, apparently, [...]
