Best Loans News

Archive for December, 2007

Unsecured loans a cheaper alternative to store cards at Christmas

Unsecured Loans - Thursday, December 13th, 2007

One of the UK’s leading product review websites has recently advised Christmas shoppers to avoid the usage of store cards over the festive season.
Traditionally, store cards are one of the most popular forms of credit attainment during the holiday season, as they offer shoppers convenience, and also provide certain loyalty related benefits. However, it has [...]

Government must help Homeowners to manage their loans

Loans - Thursday, December 13th, 2007

One of the countries largest consumer interest groups has called on politicians to do more in respect of helping homeowners to manage their mortgage loan commitments.
Financial support from the Government has regressed quite substantially over the last decade or so, due to changes in legislation back in the mid nineties. Financial services experts have suggested [...]

Brits using Loans to pay loans

Loans - Wednesday, December 12th, 2007

A surprisingly large number of home loan payers, opt to use additional forms of credit as a means to meet their monthly repayment commitments, however, a recent report has highlighted the dangers associated to such practices.
A reputable British financial advice institute has suggested that consumers conforming to these routines may be walking a slippery rope. [...]

Compare secured loans and credit, to avoid overpaying

Secured Loans - Tuesday, December 11th, 2007

Almost 50% of UK consumers are paying over the odds for credit, suggests a new study.
One of the UK’s leading banking institutions has discovered that British credit shoppers are paying through the nose, as a result of not being thorough enough in their search for competitively priced financial products. The most prominent areas for concern [...]

Rate drop may benefit borrowers

Loans - Tuesday, December 11th, 2007

The recent ¼ of a percentage reduction in the national rate of interest may be of benefit to those people within the UK, who are struggling to cope with their financial commitments.
According to comments from representatives of a government operated consumer advice line, the recent reduction in the base rate of interest is a positive [...]

Loans preferred over savings suggests charity

Loans - Monday, December 10th, 2007

Fewer people than even are prepared to save for key purchases, opting instead, to use loans, overdrafts and other forms of credit as a means to foot the bill.
According to a recent study by one of the UK’s most prevalent debt charities, younger generations are less willing to save their hard earned cash, due to [...]

Cheap loans may become scarce in the New Year

Cheap Loans - Monday, December 10th, 2007

Cheap loans will become less available to consumers come 2008, as a result of changing economic conditions, suggests a new report.
A spokesperson for one of the UK’s largest credit action groups, has stated that due to the effects of the “so called” credit crunch, fewer lenders will be inclined to offer cheap rate loans in [...]

 
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