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Archive for November, 2008

A Quarter Of The Population Faces Retirement With Loan Debts

UK Loans - Friday, November 28th, 2008

It is fairly common knowledge that the average level of debt which individuals living in the UK hold on personal loans and credit cards is the highest it has ever been and is continuing to increase.
The majority of people who are still working and have the prospect of doing so for several years to come, [...]

Loan Companies Get Big Stick Treatment From Government

Secured Loans - Thursday, November 27th, 2008

Following the Chancellors of the Exchequer’s pre budget report on Monday (24th November) this week and the announcement that the Government will inject a sum of £100 billion into the UK banking sector as part of the bank recapitalisation scheme to help restore liquidity to the market and allow banks to offer secured loans once [...]

Save A Bigger Deposit Or Pay More On Your Homeowner Loan

Homeowner Loans - Wednesday, November 26th, 2008

It is a well known fact that if someone is applying for a mortgage or home owner loan, the larger deposit they have managed to save up, then the better deal they are likely to get on their loan.
Apart from the fact that a borrower with a larger deposit will obviously only require a smaller [...]

Loan Packager Expands Service To Debt Management

Debt Consolidation Loans - Tuesday, November 25th, 2008

Over the course of the past few years, many individuals in the UK have built up a significant level of personal debt through things such as credit cards, personal loans and other finance agreements.
This can be extremely expensive on the regular monthly repayments and difficult to manage all the separate payments throughout the month. As [...]

New Loans To Small Businesses Continue To Increase

Business Loans - Monday, November 24th, 2008

Despite the fact that the majority of the population in the UK are currently in the process of tightening their belts and cutting back on their spending, coupled with the fact that banks and building societies are restricting the amount of new loans they are prepared to offer, it seems that new lending to small [...]

Increase In Homeowner Loans Through October

Homeowner Loans - Friday, November 21st, 2008

We have been constantly hearing, over the course of the last twelve months, about the stagnating housing market and the declining number of home owner loans being approved by lenders, but at last there is a little more positive news.
According to the latest monthly figures from the Council of Mortgage Lenders (CML), there was actually [...]

Another Secured Loan Company Closes Its Doors

Secured Loans - Thursday, November 20th, 2008

It has been a tough old year for anyone connected with the personal loan and secured loan industry over the course of the last twelve months, not only for those individuals who have applied for any type of loan, but also for those working within the industry.
Since the onset of the credit crunch last year, [...]

 
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