The credit crunch and following economic down turn and recession has caused huge financial difficulties for a large number of individuals in the UK, many are struggling to maintain their monthly repayments on their loans and other debts, with the inevitable result of a build up of loan arrears and missed credit card payments.
In the [...]
Due to inadequate retirement planning and poor investment returns and in some cases, just bad financial management, a large number of retired people living in the UK at the moment are still burdened with debt through personal loans, credit cards and even homeowner loans and mortgages and the number seems to be growing.
A report from [...]
We reported last week on how the banking giant HSBC has just launched a new homeowner loan product with a particularly low interest rate of just 1.99 per cent, making it one of the cheapest loan products on the market at the present time.
Although the loan deal carries with it a large initial arrangement fee [...]
The credit crunch and recent economic slow down has created great problems financially for many individuals in the UK and this has encouraged some people to resort to ever more desperate measures, particularly when it comes to obtaining finance, or a personal loan, with a growing number of potential borrowers committing fraud on their loan [...]
HSBC has hit the news this week as the bank has launched a market leading new homeowner loan product with an initial interest rate of just 1.99 per cent, the lowest rate available anywhere on the market, but is it really as good as it first appears to be?
The product is a 2 year discounted [...]
Just when things were starting to look slightly more positive for the loan industry in general, there was more bad news for those individuals working in the secured loan industry earlier this week, as Cattles announced that it was planning to close 30 of its financial services branches and offices across the UK, with the [...]
Whilst the population of the UK is generally slowing down when it comes to taking on more debt through loans and credit cards and focusing on repaying their existing loans, the latest statistics on the state of the nation’s debt have revealed that the net repayment of loan debts through July this year is just [...]
