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Archive for May, 2009

Recession Proving To Be Good News For Pawnbrokers

Personal Loans - Friday, May 29th, 2009

People living in the UK are feeling the pressure of the current economic down turn at the moment, as everybody seems to be being careful about what they are spending and trying to make their money go as far as possible.
This seems to be also true for the major high street banks and other loan [...]

Home Improvement Loans Continue To Increase In Popularity

Home Improvement Loans - Thursday, May 28th, 2009

Since the start of the credit crunch and economic slow down, causing house prices across the UK to fall significantly, many individuals who would otherwise have probably moved house, have made the decision to remain in their existing home instead.
This could be down to the fact that many people are either unable, or unwilling to [...]

New Loans Fall By 12 Per Cent From Last Year

UK Loans - Wednesday, May 27th, 2009

It probably doesn’t come as much of a surprise to many people reading this that the overall amount of lending on new loans has dropped since the same period last year, due to the effects of the credit crunch.
But the most recent report from the Finance and Leasing Association (FLA) has revealed that there has [...]

Building Societies Have Credit Rating Down Graded

Bad Credit Loans - Tuesday, May 26th, 2009

Over the course of the past two years there have been some high profile casualties of the credit crunch within the banking sector, most notably Northern Rock, royal Bank of Scotland and the Lloyds Group, who have all been bailed out with loans from the government.
But it is not only banks which have been affected, [...]

Banks Becoming Happier To Offer Loans

Bank Loans - Friday, May 22nd, 2009

There have been several conflicting reports recently on the state of the economy and the willingness of banks to start offering loans once again, but generally, the news is slowly starting to become more positive, as economists, banks and building societies and even consumers are starting to see the light at the end of the [...]

First Time Buyers Returning To The Housing Market

Homeowner Loans - Thursday, May 21st, 2009

We have reported on a few occasions recently on how levels of confidence are starting to return to the housing and homeowner loan markets, mainly due to the currently low level of house prices and reasonably low interest rates on homeowner loans and mortgages.
According to the homeowner loan brokers John Charcoal, there has been a [...]

Offset Loans Becoming More Popular

Homeowner Loans - Wednesday, May 20th, 2009

As the rate of return on savings accounts and investments have dropped dramatically over the course of the last six months or so, along with many borrowers looking for new ways to save money and reduce the balance on their homeowner loans, an increasing number of borrowers are starting to take advantage of offset loan [...]

 
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