Finance and Credit Professional

Those looking to take out a loan or any other form of borrowing need to ensure they have a favourable credit rating, it has been claimed.According to moneysupermarket today's "must-have accessory" is not a state-of-the-art technological gadget or a profile on the latest social networking site but rather a good credit report. The price comparison [...]

According to new figures, Britons could be incurring debt problems by attending weddings.Research carried out by CreditExpert has indicated that the average consumer spends 386 Pounds for someone else's big day on areas such as gifts, clothes and accommodation - a figure which could impact upon their ability to make repayments on Personal Loans, credit [...]

New mums and dads are spending thousands of pounds on their child's nursery, a new set of figures reveal.According to a study carried out by Halifax Home Insurance, parents spent an average of 2,628 pounds- a UK total of 1.8 billion pounds - on making their newborn's room perfect. Findings from the financial services company [...]

The consumer credit sector is on track for a downturn over the course of 2007, new figures indicate.According to research conducted by Datamonitor, the amount of money the public borrows - whether this is through secured loans, overdrafts or credit cards - is set to continue to fall over the remainder of this year. The [...]

In research released earlier this week, just under half of consumers who have taken out personal loans were reported to be open to the thought of taking on more debt in the future. According to a study by Motley Fool, three out of seven respondents claim they would borrow again. And although 60 per cent [...]

The Council of Mortgage Lenders (CML), British Bankers' Association (BBA) and the Building Societies Association (BSA) have all released their latest lending information today, with the CML suggesting consumer attitudes to loans are very different to those noted by the BBA and BSA.According to the BSA, lending in June was impacted by higher interest rates [...]

Millions of Britons are borrowing money to go gambling, new figures indicate.In research carried out by MoneyExpert, some 21 per cent of the money put on various bets and wagers across the country every month is sourced by going into debt or dipping into savings accounts. Overall, 14.3 million adults - about one in three [...]