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Archive for April, 2010

Nationalised Banks Are Worst For Customer Satisfaction On Loans

Bank Loans - Friday, April 30th, 2010

It would seem to be a safe assumption that those high street banks which have been nationalised through huge loans from the Government, would be the best when it came to offering the best quality home owner loans and the highest level of customer satisfaction.
However, the latest survey to be published by Which? money experts [...]

Many Borrowers Not Asking For Help With Bad Loan Debts

Bad Credit Loans - Thursday, April 29th, 2010

The effects of the credit crunch and recent recession have had a severe impact on many individual’s personal financial situation over the course of the past couple of years and even though the UK is now officially out of recession, many borrowers are still struggling to keep up with their personal loan repayments and other [...]

Banks Need To Improve Customer Service To Reduce Stress Levels

Bank Loans - Wednesday, April 28th, 2010

The majority of people who have had any dealings with financial institutions at some point in their lives, will be aware of just how stressful it can be for someone who needs to arrange a personal loan, home owner loan or mortgage, or other form of credit agreement.
Moneysupermarket.com has now said that banks need to [...]

Equity Release Customers Have Average Loan Debts of £36′000

Equity Loans - Tuesday, April 27th, 2010

Equity release loans amongst retired people are growing in popularity, with more and more individuals now seeing them as a serious part of their retirement planning. One of the most popular reasons for someone taking out this type of loan is to consolidate their existing loan and credit card debts.
A new survey from Key Retirement [...]

20 Per Cent Of Borrowers Hiding Personal Loan Debt

Personal Loans - Monday, April 26th, 2010

It is a well known fact that a large proportion of the population in the UK have debts on personal loans and credit cards and many of these individuals are ashamed, or embarrassed about the amount of money they owe.
Even if you are completely debt free, does your partner have outstanding personal loan and credit [...]

Continued Rise In Equity Release Loans

Equity Loans - Friday, April 23rd, 2010

Last year was a particularly poor year for the equity release loan and lifetime mortgage market. Falling house prices reduced consumer confidence and a lack of wholesale funding from lenders meant that loans were harder to obtain and more expensive.
However, so far this year there has been a significant upsurge in the number of retired [...]

Borrowers Should Be Better Educated With Regard To Their Loans

UK Loans - Thursday, April 22nd, 2010

Levels of personal debt through personal loans and credit cards are at record levels in the UK at present and are still rising. Whilst many people are able to manage their loans and other debts, a growing number of individuals are finding it difficult to keep up with their monthly loan repayments and not manage [...]

 
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