Best Loans News

It was only just over twelve months ago when if a borrower’s mortgage or home owner loan reached the end of the initial deal and reverted to the lenders standard variable rate (SVR), then they would be shopping around for a new deal and it wouldn’t take them long to find a new lender who [...]

Equity loans, or lifetime mortgages as they are also known, look as though they are about to see a dramatic increase in popularity, largely due to the effects of the credit crunch.
One of the biggest providers of equity release home owner loans, Norwich Union, has predicted that new sales of this type of product are [...]

As the effects of the credit crunch began to properly take hold at the beginning of this year, the Council of Mortgage Lenders (CML) warned us of an increase in the number of repossessions of people’s houses.
The institution predicted that we would be likely to see around 45,000 properties repossessed by the end of this [...]

Times are starting to become hard for many individuals living in the UK today, with the average level of disposable income reducing by around 30 per cent and a large number of people only having enough money in their salary cheque to cover their essential bills and outgoings each month, many people are being forced [...]

As the credit crunch deepens and people are finding it increasingly hard to obtain a personal loan, or other finance through more conventional methods, such as a bank or building society, a large number of individuals are turning to desperate measures such as loan sharks and pay day loan companies, just to try and make [...]

As the effects of the credit crunch continue to have an impact on many people’s lives in the UK, an increasing number of individuals are starting to seek advice regarding their personal loans and other debts, according to a recent report from Lloyds TSB.
The survey, which was conducted across 150 branches of the bank throughout [...]

Most people in the UK have applied for a personal loan or a credit card at some point in their lives, some more regularly than others.
If the application is accepted, all well and good, but in many cases the loan or credit card is rejected and this result is becoming all too common in recent [...]