Finance and Credit Professional

British borrowers could save over 1 billion pounds in interest by switching to a cheaper personal loan, new research indicates.In findings by uSwitch, it was revealed that by transferring expensive borrowing to cheap loans mid-term, consumers could be a total of 1.25 billion pounds better off. According to the price comparison website, those who opt [...]

Despite the apparent financial assistance that they can provide, people should not be tempted to borrow from a loan shark.So claims the Trading Standards branch of Cambridgeshire county council which asserts that although they first seem to offer fast money help, opting for a loan from an unscrupulous provider to help supplement spending could leave [...]

The availability of loans and other types of borrowing may be set to diminish, a new Bank of England report shows.In the Bank's latest Credit Conditions Survey, a number of loan lenders have stated that they have had to become stricter about to whom they issue borrowing. And with many Britons finding that mortgages are [...]

Not having a comprehensive pet insurance policy could be placing many animal owners under financial risk, it has been suggested.Research carried out by Sainsbury's indicates that up to three-quarters of dogs and cats do not have cover, meaning Britons having to pay out of their own pocket for 5.5 million treatments each year. It was [...]

Those looking to apply for a loan should first consider doing some research into how much they are going to borrow.Such is the assertion of Defaqto, who claim that those who take a personal loan at a marginally-higher value than they had originally intended may find that they pay a lower rate of interest. According [...]