Best Loans News

Discussing individual financial circumstances is still considered to be one of the most taboo subjects of conversation, by a large percentage of Brits.
According to a new study, financial difficulties frequently consume the thoughts of a great many UK consumers, however, less than ¼ of all people are willing to discuss their problems with a friend [...]

Analysts predict that pre-Christmas loan and credit card borrowings are likely to exceed more than £50 billion pounds in 2007.
According to the UK’s leading consumer spending analytics firms, December 2007 will set a new record for consumer credit acquisition with expected figures to surpass the same time last year, by a whopping 10%.
The firm also [...]

Being frank and honest with regards to your financial situation could be the lifeline that consumers looking to tackle issues debt are looking for.
 
A spokesperson for one of the UK’s largest debt help specialists has stated that the rise in consumer debt within Britain will not begin to resolve itself unless borrowers admit to the [...]

A number of UK based loan lenders are believed to be applying exceptionally stringent rules to their borrowing criteria, and rejecting a record number applicants in the process, suggests a new report.
A leading financial comparison site has discovered that a sizeable number of applicants have been rejected over the last year, despite applicant quality remaining [...]

Loan insurance or payment protection insurance has been central to much scrutiny over the last few months, however a new report has revealed that some UK based banking institutions are reportedly earning anywhere up to 70% of the policy value, as a commission charge.
In what can only be described as another blow to consumer confidence, [...]

The effect of rising interest rates is likely to have a serious impact on many thousands of UK home loan borrowers in the not to distant future, suggests a new study.
According to a leading credit management charity, a sizeable proportion of fixed rate home loan borrowers are likely to experience serious repayment difficulties as and [...]

In a stark announcement to the nation, a spokesperson for one of the UK’s leading financial advisory institutions has warned loan borrowers to reduce their level of credit consumption.
Referring specifically to those borrowers who run into serious financial difficulty as a result of an “addiction” to continuous credit acquisition, the expert stated that a large [...]