There are many ways to tackle personal debt problems, the most popular of which is using a loan to consolidate all of one’s outstanding debts with the intention of paying one lower, more affordable rate.
In theory using a loan in this way makes a lot of sense, and used correctly can also be very effective. [...]
The way in which we use our credit cards to purchase low value goods and services is set to change, in as little as 3 months.
A new type of card dubbed “contactless” enables consumers to purchase goods with a mere wave of their hand across a terminal. Using similar technologies to those used in London’s [...]
Homeowners in the UK have experienced an average increase in home loan repayments of around 13%, in the last 12 months new data reveals.
The average repayment in April has soared to around 580; representing an increase of almost £80 faired against the same month in 2006. Home loan repayments are now absorbing almost 20% of [...]
According to a report conducted recently by a price comparison site, the secured loans market is healthy, and is driven by men.
Apparently more people are securing finance against their homes, drawn to the added benefits of being able to borrow larger amounts, over longer periods of time. The report also suggested that men are most [...]
A startling new study has revealed that millions of pounds worth of student loans have been fraudulently claimed by criminal organisations.
According to the study, there has been a sizeable increase in the number students enrolling at universities using multiple identities. The UK’s governing student body has suggested that the number of reported cases in 2006 [...]
As the prospect of a further rise in interest rates looms on the horizon, many thousands of UK homeowners could be forced into remortgaging their homes just to make ends meet.
A detailed report, conducted by one of the UK’s leading price comparison sites suggests that if rates were to rise at an expected increment of [...]
Due to ever changing market conditions Buy to let investments have suffered recently, however portfolio managers are confident the blip is only temporary.
According to independent research conducted by a major property website, BTL returns are dropping rapidly due to strong house price growth over recent years. Another primary factor, affecting a large percentage of landlords [...]
