New research from the Citizen’s Advice Bureau (CAB) has revealed that a large number of lenders are using charging orders in order to bully borrowers who may be struggling to keep up with their unsecured loan repayments into repaying more than they can realistically afford, rather than trying to help those customers who are facing [...]
We reported last week on how an increasing number of people are getting themselves into a heavy debt situation through taking on too many personal loan and credit card commitments, leaving them unable to manage their finances, with many building up severe arrears on their loans and other debts, leaving them facing the possibility of [...]
It would appear that we, in the UK have become a nation of borrowers, with debt levels through personal loans and credit and store cards reaching an all time high.
Whilst this may be all well and good when the economy is stable and people are earning good money with plenty of job security, when we [...]
We have seen a lot of positive signs, over the past couple of months, that the worst of the current recession and economic slow down in the UK may be slowly coming to an end.
Certainly things are starting to pick up in the housing and loan markets, with buyers returning to the market, house prices [...]
The Office of Fair Trading (OFT) has issued a warning to consumers and individuals with large debts on personal loans and credit cards regarding companies which are currently offering to buy up people’s debts, or sell their loans on to others.
As many individual’s personal debt levels on personal loans and credit cards continues to increase [...]
Towards the back end of last year there were a lot of awfully gloomy reports and predictions for the coming twelve months in the housing and homeowner loan markets, with experts predicting a huge fall in the number and amount of new loans being offered, as well as a large increase in the number of [...]
It would appear that owning their own home is the number one financial priorities for many individuals living in the UK at the moment.
A recent survey conducted by Ipsos MORI for the Scottish Provident Insurance company amongst homeowners revealed that 89 per cent of us believe it is important to own our own home. It [...]
