The impact of the recent recession and current economic conditions in the UK have made finances particularly difficult for many individuals, with increasing costs and reducing wages forcing many to use credit cards and personal loans in order to bridge the gap between their income and expenditure.
A recent report has highlighted, however, that it is [...]
For many years now, the level of personal debt amongst consumers in the UK on things like personal loans and credit cards has been growing at an alarming rate. But new figures have now shown that this trend is starting to reverse, as many individuals are making efforts to reduce their unsecured loan and credit [...]
More and more people in the UK are facing debt problems and are finding it increasingly difficult to keep on top of their personal loans and credit card repayments every month. But many probably do not consider just what proportion of their weekly wage is actually being spent on paying off loan and card debts.
A [...]
The past few years have been tough financially for the majority of people living in the UK, particularly for those with personal loans and other debts to repay, but some sectors of society have been hit worse than others, according to a new report.
The report from Friends Life has warned that there could be “huge [...]
The past couple of years or so have been a difficult time for the unsecured loan and consumer credit markets, as obtaining a new loan has been restricted by lenders and borrowers have focused on repaying their loan debts rather than taking out new loans.
The effects of the credit crunch and recession have made many [...]
This week (commencing 7th March) has been declared National Student Money Week and with another year’s graduates approaching the end of their studies and Universities hitting the headlines once again by announcing their increases in tuition fees, it is a good time for students to look at their finances and loan options.
Student loans are the [...]
Most parents think about their children going to university from an early age, yet the vast majority do not think about how they are going to pay for this education until just a few years before their children are due to go, by which time it is often too late.
This lack of advance planning, leaves [...]
