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UK Population Fail To Protect Themselves And Their Loans

UK Loans - Monday, December 21st, 2009

It is interesting to note the attitude of many individuals living in the UK, when it comes to taking out adequate and suitable insurance and protection for themselves.
A large percentage of the population are quite prepared to take out an insurance policy in order to protect their possessions, such as newly bought goods and home [...]

Banning Doorstep Loan Companies Could Make Matters Worse

UK Loans - Tuesday, December 15th, 2009

There has been a growing concern amongst regulators and debt help groups in the UK over recent years, with regard to the activities of doorstep loan companies and lenders, many of whom offer small cash personal loans to some of the more vulnerable members of society who are unlikely to be able to obtain a [...]

Text For A Loan

UK Loans - Monday, December 14th, 2009

Many of us have found ourselves in the position where we don’t have enough money to see us through the month and end up foraging around for loose change to see us through the last week leading up to pay day, or using a credit card to cover daily living expenses.
In some cases, people turn [...]

Loan To Value Levels Continue To Increase

UK Loans - Wednesday, December 2nd, 2009

Since the start of the credit crunch, one of the greatest obstacles facing someone looking for a new homeowner loan, particularly for first time buyers, has been that of raising a sufficiently large deposit in order to meet banks and building societies tightened lending criteria with regard to loan to value ratios.
With many lenders only [...]

Borrowers Still Don’t Understand Offset Loans

UK Loans - Wednesday, November 25th, 2009

Offset mortgages and home owner loans have been available in the UK for many years now and can offer a valuable additional benefit to someone who wants to reduce the balance on their loan, whilst still having access to their savings.
But according to a new survey, conducted by First Direct, somewhere in the region of [...]

Queen’s Speech Announces Financials Services Bill

UK Loans - Thursday, November 19th, 2009

In her speech yesterday (18th November), Her Majesty,  the Queen announced the introduction of the newly proposed Financial Services Bill, which is intended to tighten regulation in the financial services sector, in particular with regard to loans and other lending such as credit cards and offer a higher degree of protection for consumers.
The bill will [...]

Number Of New Loan Approvals Continues To Rise

UK Loans - Thursday, November 5th, 2009

As consumers in the UK are slowly starting to become more confident in the future of the economy and banks and building societies are equally slowly starting to relax their lending criteria on home owner loans and mortgages, albeit slightly, there has been more good news on the number and amount of new loans which [...]

 
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