Best Loans News

The future success of the UK’s economy will be dictated, directly by consumer borrowings.
According to a new report, it is imperative for UK citizens to cap their borrowing levels now or risk a major financial decline. Our current economies strength is said to rest on unstable foundations formed predominately by homeowners securing loans against equity [...]

The cost of living for many UK consumers has skyrocketed as a result of a further rise in inflation. Many homeowners are reportedly snapping up cheap rate home loans for fear of rate withdrawals in coming weeks.
A handful of lending institutions were still offering low rate loans at the back end of last week, however [...]

Lending institutions in the UK have been warned to be wary when lending to consumers with adverse credit history.
The finance industry’s watchdog is paying “special attention” to this particular part of the market, and has announced that arrears are running at almost 22 times that of the prime mortgage market. The sub prime market has [...]

According to recent studies, the most indebted age group amongst UK consumers are in their thirty’s.
A leading UK bank reports that the lower end of the youth demographic (18-29) are less dependent on credit, but find it more difficult to attain a mortgage. It is claimed that people within there 30’s have above average borrowings [...]

The number of people in the UK using the Internet to source personal loans has rocketed, and according to new studies, the trend is responsible for a record amount of rejections.
According to a credible financial resource site, around 1.4 million people have had loan applications rejected in the last 7 months. They claim that this [...]

Families could soon find themselves in need of serious debt help in the not to distant future, new research suggests.
According to newly attained data, the relationship between Increased consumer spending and families coping with impaired financial circumstances is growing at an alarming rate.
The cost of living including normal household expenditure has rose dramatically over the [...]

In light of this week’s news regarding the incarceration of a notorious loan shark, we have decided to provide a little bit of information on the subject and to advise our readers “why you should avoid them at all costs”.
What is a loan shark?
By definition, a loan shark is an individual or unregulated body that [...]