We reported recently on how a large percentage of the population in the UK have reduced their level of savings in order to try and repay as much of their personal loan and credit card debt as they possible can, whilst interest rates on their homeowner loan remains at a low level.
It would appear that [...]
A new report from Unbiased.co.uk has revealed that the UK has seen a major turn around in attitudes from consumers towards their debts and savings over the course of the past twelve months.
It would appear that as a nation, we have turned our attention away from savings in an attempt to reduce our levels of [...]
As the current economic slowdown continues and the UK battles its way through recession, a large number of individuals are feeling the effects in their take home pay, as unemployment continues to rise and employers are applying pay cuts to workers and restricting overtime and bonus payments.
Many individuals are now struggling to keep up with [...]
We reported recently on how interest in the housing market from new buyers was starting to pick up and also on how there had been an increase in the number of new homeowner loans being approved for people purchasing houses. Although many critics argued that these figures were just a blip in the statistics, there [...]
The majority of people in the UK are fully aware that it is now becoming extremely difficult to get finance through a personal loan or mortgage.
Banks and building societies have become reluctant to lend to anyone with anything other than a perfect credit record and even then they are applying stricter lending criteria and tighter [...]
We have reported recently on how the government has been providing funding through banks which is designed to help them to be able to offer loans to small businesses, in order to help them survive the current economic down turn and in fact the total number of business loans have increased over the past few [...]
Since the beginning of the credit crunch and the continuing economic slowdown in the UK, the Government has taken various steps to try and prop up the economy and offer help to those individuals who may be struggling with their homeowner loan repayments and other debts.
The latest initiative has now just been jointly launched by [...]
