Best Loans News

Archive for January, 2008

Homeowners pay dearly through poor mortgage choices

Homeowner Loans - Wednesday, January 23rd, 2008

Substantial numbers of UK homeowners are reported to be paying considerably more than they need to be through bad mortgage choices, one source has revealed.
According to recent studies by the Abbey National, British mortgage payers are spending more than £4 million pounds above what they would be doing, had they opted to shop around for [...]

Struggling loan borrowers should avoid the Ostrich approach

Loans - Wednesday, January 23rd, 2008

Postponing loan and credit card repayments due to tightened budgets after a heavy Christmas spending binge, should be avoided at all costs.
According to a recent report, almost 20% of adults choose to delay payments for ancillary credit such as personal loans and credit cards during January, as a means to reconcile their finances. However, one [...]

Retailers suffer, as consumers refuse credit

Loans - Tuesday, January 22nd, 2008

New requests for personal loans and credit cards have undergone a noticeable downturn since the start of the New Year, as a response to current economic conditions.
A recent study has revealed that the number of credit hungry consumers within the UK has dropped by almost 20% in the last 6 months, representing the largest credit [...]

Earning inequities push Brits towards loans

Loans - Monday, January 21st, 2008

A substantial inequity of consumer pay is causing great difficulty for a large percentage of Brits when it comes to managing their finances, suggests one source.
One of the UK’s leading financial management charities has discovered that whilst wages in certain parts of the country are rising at a rate, which exceeds the national cost of [...]

Jollies researched more than loans

Loans - Friday, January 18th, 2008

UK consumers are devoting more research time towards best buys for flights, package holidays and electrical goods, than they are towards sourcing a competitive loan deal.
According to recent data, the average British consumer is prepared to research electrical goods and package holidays for around 10 solid hours each year, compared to a lowly 2 and [...]

Home loan fears rob students of a gap year

Loans - Thursday, January 17th, 2008

The rising costs associated to higher education are forcing more students than ever to skip the possibility of travelling during their gap year.
Student loans, expensive accommodation fee’s and the prospect of being unable to buy a home for some time after leaving higher education, are the primary factors, which are influencing some 70% of students [...]

Cheap loans for everyone…maybe!

Cheap Loans - Thursday, January 17th, 2008

Newly proposed EU legislation is set to cheapen the cost of personal loans for borrowers within the UK.
Representatives of the European Union will later decide on a new proposal, which will allow members of union to offer reduced rate loans to consumers within other member countries. The initiative will essentially merge market information on the [...]

 
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