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Archive for March, 2009

Young People See Paying Off Loans As Independence

Personal Loans - Friday, March 20th, 2009

Most couples who have children give little thought to the total amount that bringing up a family will cost them between birth and the age of eighteen. If they did, many of them probably wouldn’t bother having kids in the first place! Both parents and children alike (once they get a bit older!) look forward [...]

Which? Introduces Payment Protection Insurance Complaint Service

Unsecured Loans - Thursday, March 19th, 2009

Over the course of the past few months we have reported on a regular basis on the ongoing saga of Payment Protection Insurance (PPI) and the problems it has caused for both consumers and providers.
Over recent years, PPI policies have raised a larger number of complaints from customers, who claim that they have been mis [...]

Younger Women Building Up Huge Unsecured Loan Debts

Unsecured Loans - Wednesday, March 18th, 2009

Sorry girls, I don’t mean to be sexist about this, but we all know the cliché stories about women and their shopping trips (shoes and hand bags ring any bells?) and the amount which they spend on their retail therapy! Well it would appear that in many cases, these stories are true, particularly when it [...]

Secured Loan Packager Agrees With FSA Regulation

Secured Loans - Tuesday, March 17th, 2009

We reported last week about how the Association of Finance Brokers (AFB) is calling for regulation to be introduced for the secured loan, or second charge mortgage loan industry.
The AFB has called on the Financial Services Authority to regulate secured loans and ensure that loan companies are authorised to carry out their business in an [...]

A Quarter Of All Car Purchases Use An Unsecured Car Loan

Car Loans - Monday, March 16th, 2009

One sector of the manufacturing market which has been hit hard by the global credit crunch, is the motor industry.
As the majority of people tighten their belts due to the economic slow down, new car sales have been one of the first areas to suffer, with both manufacturers and dealerships being hit hard. In the [...]

Local Authorities To Start Offering Business Loans

Business Loans - Friday, March 13th, 2009

We reported a few months ago about the possibility of local authorities starting to offer loans to individuals for house purchase and also to small businesses in the local area in an attempt to boost the local economy.
It now seems that several councils are planning to fill the gap which has been left by the [...]

Equity Release Loans, What Do People Spend The Money On?

Equity Loans - Thursday, March 12th, 2009

Equity release loans are rapidly growing in popularity across the UK as many homeowners either approaching, or already in retirement, take advantage of the value tied up in their properties to help fund their retirement plans and as interest rates on savings continue to fall and pension funds drop in value, thereby reducing people’s retirement [...]

 
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