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Archive for January, 2008

Basic DM info should be offered to struggling loan borrowers

Loans - Wednesday, January 16th, 2008

Loan and credit card borrowers who are struggling to manage their repayments should be privy to a greater level help, advice and information.
The Citizens Advice Bureau claims that a sizeable number of UK borrowers are not receiving the type of generic debt help information that is required from the state. As a result, the charity [...]

UK loans outstrip national base rate

UK Loans - Tuesday, January 15th, 2008

Vast numbers of UK loan borrowers are believed to be suffering as a result of exponentially high borrowing rates, reveals one source.
According to a leading financial comparison site, the gross cost of personal loan borrowing has increased by almost twice that of the national rate of interest in the last year. As a result, thousands [...]

Beat the crunch…choose debt loans

Loans - Tuesday, January 15th, 2008

Debt consolidation loans are touted as being one of the most effective ways to combat any possible financial detriments that may arise as a result of the credit crunch.
Individuals who are struggling to manage their loan or credit card commitments may find that a competitively priced consolidation loan can reduce their repayments enough to make [...]

Positive opportunities still available for home loan shoppers

Loans - Monday, January 14th, 2008

Shifts in the housing market are creating new opportunities for home loan borrowers, suggests one source.
At a time when many thousands of homeowners are in doubt with regards to the future of their financial health, one North West building society recently announced that our current economic climate could allow certain home loan shoppers the means [...]

Borrowers advised to clear card debt in the New Year

Loans - Friday, January 11th, 2008

Borrowers who managed to overspend on their credit cards during the Christmas break, have been advised to pay more than the minimum amount required by their provider, in order to clear their balances as quickly as possible in the New Year.
A representative for the consumer credit council suggested that Brits should regard the New Year [...]

Personal loans - More IS less

Personal Loans - Thursday, January 10th, 2008

Individuals who are considering applying for a personal loan could make marked savings through an increase in the amount that they request, suggests a new report.
According to recent studies by one of the UK’s leading financial research firms, a notable amount of lending institutions have been found to charge considerably higher rates of interest on [...]

Home loan payers look for a rate reduction

Loans - Thursday, January 10th, 2008

Interest rates are likely to fall by a quarter of a percent over the next quarter, as a means to reduce the effects of the credit crunch suggests an industry analyst.
One of the UK’s most reputable economists feels confident that the BOE will have little other choice than to reduce the base rate to 5.25%. [...]

 
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