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Consumers ‘Should Take Out Loan Which Best Suits Their Needs’

Credit providers are being advised to ensure that consumers are in a position to make repayments on borrowing, it has been revealed.According to a spokesperson for Citizens Advice lenders need to be "more sympathetic" towards those borrowers who suddenly find themselves unable to make repayments on personal loans and other forms of borrowing. The representative [...]

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Brits Have ‘Lost Track Of Financial Reality’

Britons are coming under increased financial pressure, a new study shows.In research conducted by the Alliance Trust Research Centre, spending by British households fell slightly over the course of the third quarter of this year - the first decrease noted since early 2006 - with the between period witnessing a steady rise in expenditure. However, [...]

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Consumer Credit ‘Set To Fall’

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 [...]

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Graduates ‘Face Debt Sentence’

Young people are delaying buying a home and starting a family as they face an increasing "debt sentence" after leaving university, it has been suggested.According to a study carried out by uSwitch, those graduating from higher education this year will owe a total of 3.2 billion pounds via student borrowing, more than twice the 1.2 [...]

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Britain Needs ‘Better Education On Borrowing’

More Britons need to be educated when it comes to managing their money, an industry expert has claimed.Speaking earlier this week, Chris Tapp, deputy director of Credit Action, stated that the effect of the five interest rate rises implemented by the Bank of England's monetary policy committee (MPC) since August last year is set to [...]

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Consumers ‘Still Need To Organise Finances During Christmas’

The true cost of Christmas for many consumers is falling, according to a new set of findings.In research carried out by Halifax Unsecured Personal Loans, based on the Retail Price Index categories from the Office of National Statistics, the price of numerous items usually bought over the festive period has fallen during the past year. [...]

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Unsecured Personal Loans - A Loan For Everyone

Unsecured personal loans may be the way for you to get the money you need - especially if you do not have a good credit rating. Lenders are available who will be glad to give you the money you need - and it is possible to get a sizable loan, too. Here are some things [...]

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