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Family Loan Debts Increase By 48 Per Cent

Personal Loans - Thursday, January 26th, 2012

Ever since the credit crunch hit the UK back in 2007, a growing number of families and individuals have been struggling with their finances and finding it increasingly difficult to stay on top of their personal loan commitments and other debts each month.
A new survey conducted by Aviva on their Family Finances Report, has found [...]

Downturn And Loan Debts Affecting Christmas Plans

Personal Loans - Thursday, November 24th, 2011

We have reached the time of year when traditionally many people in the UK forget about their personal loan debts, lack of finances and other financial worries and decide to have a good Christmas and spend money, regardless of whether or not they can afford it.
As a result, many people take out new personal loans, [...]

First Time Buyers Using Loans To Fund Deposits

Personal Loans - Tuesday, November 15th, 2011

It is difficult enough for many first time buyers to be accepted for the home owner loan or mortgage they require at the best of times, but underwriting on new loans is particularly stringent at the moment, making it even harder for many to get the loan they need, particularly at higher loan to value [...]

Parents Take Out Loans For Universtiy Fees

Personal Loans - Monday, October 31st, 2011

A growing number of young people in the UK are now going on to a further education at University once they have left school, in an attempt to improve their chances of getting a better job in these tough economic times.
However, with Universities increasing their course fees this year, to around £9,000 per year and [...]

Holiday Loans Leave Brits Struggling

Personal Loans - Wednesday, September 7th, 2011

The long summer holidays are now officially over and the kids have eventually gone back to school and reality descends upon family life once more, allowing people to re-evaluate their personal loans and credit card debts which they built up over their holidays.
Although many consumers in the UK stayed at home over summer this year, [...]

Personal Loan Debt Now At £1,451 Billion

Personal Loans - Tuesday, September 6th, 2011

The total amount of personal debt on things like personal loans, credit cards and overdrafts in the UK has reached a figure of £1,451 billion by the end of July this year, according to a report from a UK debt charity.
Credit Action have published figures which show that personal loan debt in the UK has [...]

Brits Not Checking Their Loan Rates

Personal Loans - Wednesday, July 6th, 2011

People in the UK are losing out on hundreds of pounds a year each, simply by not comparing the best rates on their personal loans, credit card, current accounts an savings, according to a new survey conducted by Moneysupermarket.com.
The survey found that around 25 per cent of consumers in the UK have never checked the [...]

 
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