A new report has suggested that building societies in the UK are finding it increasingly difficult to be able to offer competitive loans to their customers in the wake of the recent banking crisis and that many may find it hard to survive.
The news comes from the rating agency, Moody’s, who claim that a lack [...]
It has always been a complicated issue when it comes to finding the best loan to meet a person’s needs, but over the course of the past twelve months, with the banking crisis, tighter lending criteria and lenders general reluctance to offer loans, it has been a particularly confusing market place for those people trying [...]
These days, when somebody is looking for a new home owner loan, or personal loan, one of the most popular options is the fixed rate loan and the vast majority of people just take them for granted and assume that fixed rate loans have always been there.
But the concept of a fixed rate loan has [...]
The latest figures from the Council of Mortgage Lenders (CML) have shown that although the number of repossession cases on home owner loans in arrears and default are up for the whole of last year, the last three months of the year saw a significant decrease in the number of people losing their homes.
Despite this [...]
Many people use a credit card for purchases on a regular basis and they can be incredibly useful things, offering increased levels of protection and insurance for people buying large or expensive goods, as well as a convenient method of paying.
But a large number of credit card users also have an outstanding balance on their [...]
Anyone who has, or has had, children will be only too well aware of just how much money they cost to bring up. The majority of parents live in the hope that one day their kids will grow up and leave home, relieving them of the financial burden they have suffered for the past 18 [...]
Earlier this week, Barclays bank announced that it had made huge profits for the year, which in turn will lead to large bonuses being paid out to several highly placed bankers.
With the past track record of banks in general over the course of the past two years, it is not really surprising that this announcement [...]
