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Archive for the 'Personal Loans' Category

Consumers Paying Off Loan Debts Rather Than Saving

Personal Loans - Thursday, July 2nd, 2009

There has recently been a shift in behaviour patterns amongst consumers in the UK, with regard to their financial matters.
According to the latest figures from the Building Societies Association (BSA), a large number of individuals are now choosing to repay their debts on personal loans and credit cards, as opposed to saving the money in a [...]

Payment Protection Insurance Back In The Firing Line

Personal Loans - Monday, June 15th, 2009

There has been an awful lot of bad press over the past few months regarding Payment Protection Insurance (PPI), with a growing number of mis selling of policies and a large number of complaints from policyholders who have been unable to claim, or found out that they are not actually covered for what they thought [...]

Recession Proving To Be Good News For Pawnbrokers

Personal Loans - Friday, May 29th, 2009

People living in the UK are feeling the pressure of the current economic down turn at the moment, as everybody seems to be being careful about what they are spending and trying to make their money go as far as possible.
This seems to be also true for the major high street banks and other loan [...]

Complaints On Payment Protection Insurance For Loans Increase

Personal Loans - Thursday, May 7th, 2009

Over the course of the past few months we have reported on a number of occasions about the problems with Payment Protection Insurance (PPI) which has been taken out to offer protection for people’s personal loans.
Many people who thought that their loan repayments were covered have discovered that they were not actually eligible for the [...]

Economic Slowdown Causes Increase In Fraud Levels

Personal Loans - Wednesday, April 29th, 2009

Consumers are being advised to remain vigilant and keep a check on their bank and savings accounts and look out for signs of identity fraud, this is the warning from the Fraud Prevention Service, CIFAS who have recently released their latest statistics, which show an alarming increase in cases of fraud, which they claim is [...]

Consumers Cut Spending To Reduce Debts

Personal Loans - Tuesday, April 21st, 2009

We reported recently on how a large percentage of the population in the UK have reduced their level of savings in order to try and repay as much of their personal loan and credit card debt as they possible can, whilst interest rates on their homeowner loan remains at a low level.
It would appear that [...]

Consumers Repaying Loans Rather Than Saving

Personal Loans - Monday, April 20th, 2009

A new report from Unbiased.co.uk has revealed that the UK has seen a major turn around in attitudes from consumers towards their debts and savings over the course of the past twelve months.
It would appear that as a nation, we have turned our attention away from savings in an attempt to reduce our levels of [...]

 
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