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Archive for the 'Unsecured Loans' Category

Personal Loan Numbers Drop

Unsecured Loans - Friday, February 3rd, 2012

Whether it is due to the fact that it has become far more difficult to be accepted for a personal loan at the moment, or whether people are taking a more cautious approach towards borrowing money through an unsecured loan or credit card, the number new personal loans being taken out fell dramatically during the [...]

More Protection For Loan Customers

Unsecured Loans - Thursday, February 2nd, 2012

Borrowers who take out any form of consumer credit, such as an unsecured loan or store card, are to receive some additional protection and security other than that which is already offered to them via the consumer credit act.
The new measures have been introduced by the Finance and Leasing Association (FLA) as part of their [...]

Borrowers Becomming Trapped By Pay Day Loans

Unsecured Loans - Wednesday, February 1st, 2012

Pay day loans are becoming a huge problem for many individuals in personal loan and credit card debt at the moment, as they simply top up their existing debts with this expensive form of borrowing, according to a new survey conducted by the debt management company, Payplan.
Whilst a pay day loan can be a useful [...]

Sainsbury’s Reduces Loan Rates

Unsecured Loans - Thursday, January 19th, 2012

Once again, Sainsbury’s Finance has reduced the interest rate charged on their personal loan products, as the battle for who can offer the best cheap loan deal continues amongst a number of lenders and loan companies.
The supermarket has lowered the rate on the most competitive unsecured loan amount of between £7,500 and £15,000 to just [...]

Online Pay Day Loans Could Be The Next Mis Selling Scandal

Unsecured Loans - Monday, January 9th, 2012

Over the course of the past couple of years or so, pay day loans have grown dramatically in popularity, particularly amongst those individuals who are unable to get a traditional bank loan, due to an adverse credit history. One particular area of growth in this sector is that of online pay day loans.
However, one lawyer, [...]

Unsecured Loan Numbers Increase

Unsecured Loans - Thursday, December 22nd, 2011

As we approach Christmas, the majority of us can hopefully start to relax a little, in the knowledge that all their Christmas shopping and preparations have now been completed. The more organised individuals will have started saving throughout the year to cover the cost of the festive season, but many more will have entered December [...]

Pay Day Loan Complaints Rise

Unsecured Loans - Thursday, December 15th, 2011

There has been a huge growth in the number of companies offering pay day loans in the UK, as more people are being rejected for a more traditional loan by banks and building societies. But as the number of pay day loans being taken out increases, so do the number of customer complaints about their [...]

 
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