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Archive for July, 2009

Public Anger Growing At Bank’s Refusal To Offer New Loans

Bank Loans - Monday, July 13th, 2009

One job which I expect the majority of the population would place at the bottom of their ideal career list at the moment would be that of dealing with customer complaints in any one of the major high street banks or building societies.
According to a recent survey amongst consumers, there is a growing amount of [...]

125 Per Cent Loan To Value Is Back Again!

Secured Loans - Friday, July 10th, 2009

Following the recent financial crisis and problems in the banking sector as a whole, there has been much finger pointing and blame aimed in the direction of banks and building societies, particularly in the area of bad credit loans, self certification of income and high loan to value ratios in excess of 100 per cent [...]

Car Loans…What Is The Best Option?

Car Loans - Thursday, July 9th, 2009

Over the course of the past couple of months, since the government launched the car scrappage scheme to try and help the motor industry in the UK, there have been a lot of advertisements from manufacturers offering various incentives for people to buy a new car, on top of the £2000 from the government.
These incentives [...]

Too Much Regulation Is Not Necessarily A Good Thing

Personal Loans - Wednesday, July 8th, 2009

As we have previously reported, the government have become increasingly concerned, over the course of the past few months, with the average level of personal debt on personal loans and credit cards, held by the typical consumer living in the UK today.
As a result of this, they are taking steps to clamp down on less [...]

Student Loan Amounts Unchanged Whilst Fees Increase

UK Loans - Tuesday, July 7th, 2009

Those people amongst us who went to university in the past are well aware of the distinct shortage of money during student life, even if we’d saved up before we started and got a job behind the student bar once we were there.
If you’re as old as I am, you might have been lucky enough [...]

90 Per Cent Of New Homeowner Loans Being Taken On Fixed Rate

Homeowner Loans - Monday, July 6th, 2009

Due to the effects of the recent economic down turn and recession, interest rates on homeowner loans and mortgages have reached an all time low, since the Bank of England set the base rate of interest at 0.5 per cent earlier this year.
With the prospect of economic recovery starting to take effect, possibly by the [...]

Consumers Being Forced Towards Illegal Loan Companies

Bad Credit Loans - Friday, July 3rd, 2009

Over the course of the past twelve months or so, it has become increasingly difficult for a potential borrower to be able to be accepted for the personal loan they require through the more traditional lending channels.
Due to the effects of the credit crunch and economic slow down, banks and building societies have become extremely [...]

 
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