British residents take an extremely relaxed attitude towards personal loan and credit card borrowing, faired against residents in other European countries.
According to recent research into British credit habits, the average borrower within the UK is likely to amass almost as twice as much in the way of credit, than people living in other European destinations.
The [...]
The latter part of 2007, stood witness a substantial 1/5th of a reduction in the number of home loan applications approved by the entirety of the UK’s lending population.
According to recent statistics by the council of mortgage lenders, approximately 60,000 home loan arrangements were agreed during December 07, compared to almost 80,000 agreements completed in [...]
Tenants are almost 3 times more likely to use loans as a way to consolidate their outstanding debt, rather than identifying and solving the problem through non-borrowing related initiatives.
According to a recent study, tenants (non-homeowners) view personal loans as a fast, efficient way to manage their personal debts, often opting to source a loan without [...]
20% of Britain’s younger credit card users opted to transfer the balance of their plastic to another provider during the latter part of 2007, in order to reduce their rising credit commitments.
According to a recent study by one of the UK’s leading financial comparison sites, more than 1 in 5 of every cardholder aged between [...]
Scores of UK Homeowners are likely to suffer financially throughout 2008, fuelled by desperation to get on the housing ladder, and stretching themselves to breaking point in the process.
One of the countries most reputable economists has recently stated that consumers who jumped onto the property bandwagon over the last few years, using high multiple mortgage [...]
Consumers are starting to seriously consider the possible detriments of spending “willy-nilly” on their credit cards, as demonstrated through a reduction in gross spending towards the latter part of last year, reveals a new report.
According to APACS, recent statistics show that even though credit card spending during the back end of 07 exceeded that of [...]
Demand for increased term fixed rate home loan products is rife across the UK, with almost 10% of borrowers stating that they would gladly commit to longer duration loans if they had the chance.
Catalysed by a number of recent base rate peaks and troughs, British homeowners are calling for longer term home loan facilities, as [...]
