Best Loans News

British families, who are struggling to balance their credit commitments, have been advised to seek help through registered credit charities as a more practical alternative to debt consolidation loans.
According to the UK’s leading credit charity association (Abcul), credit charities and debt advice outlets are becoming an increasingly important refuge for consumers who are suffering from [...]

Home repossession levels in the UK are expected to soar throughout 2008 according to a newly issued report.
A leading economic trends institution has suggested that “property claw back” levels are likely to peak at 25% above 2007’s threshold. Worryingly, this could mean that more than 30,000 homeowners within the UK will lose ownership of their [...]

In spite of what most people would consider to be a positive pledge by the British Government on the topic of housing market stabilization, one expert is not so sure that “intervention” is the right way to go.
According to a representative from leading financial review site The Motley Fool, forced housing market intervention by the [...]

Surprisingly large numbers of British parents are using loans provided by their adult children to meet their credit commitments and keep their heads above financial water.
According to a new report, more than ten billion pounds has gone back and forth between parents and their children over the last 6 years, with debt consolidation or debt [...]

Feeling uneasy towards the possible state of your future finances is probably not something that concerned you whilst being in school…how times have changed.
New research released by Abbey National has revealed that almost 20% of children in their early to mid teens have given thought at least once towards the possibility of being in debt [...]

The decision to reduce the base rate of interest to its current level of 5% was not one that was reached as unanimously as have resulted from previous MPC meetings.
Information drawn from a summary of Aprils gathering of economic heads has revealed that 60% of the voting committee urged that a reduction of 0.25 percent [...]

UK loan and mortgage borrowers are advised to never falsify or exaggerate their financial positioning, when approaching a monetary provider.
According to one expert, bending the truth with regards to the state of personal financial health will in no way benefit any borrower in the long term. It is thought that some 15% of unsecured loan [...]