Loan News

Homeowners looking to fund the purchase of a new home via the mechanism of Bridging Loans have been advised to tread with caution.
According to leading financial management firm, Bridging loans are amongst one of the most common ways for borrowers to jeopardise their financial health, due to the inflated risk that the very nature of […]

Record numbers of senior citizens are using equity loans as a means to clear their debts whilst in retirement.
Recent research by one of the countries most established retirement welfare specialists (KRS) shows that some 15% of pensioners are using equity levels stored within their homes as a means to clear outstanding credit commitments on their […]

Substantial numbers of UK homeowners are reported to be paying considerably more than they need to be through bad mortgage choices, one source has revealed.
According to recent studies by the Abbey National, British mortgage payers are spending more than £4 million pounds above what they would be doing, had they opted to shop around for […]

Newly proposed EU legislation is set to cheapen the cost of personal loans for borrowers within the UK.
Representatives of the European Union will later decide on a new proposal, which will allow members of union to offer reduced rate loans to consumers within other member countries. The initiative will essentially merge market information on the […]

Vast numbers of UK loan borrowers are believed to be suffering as a result of exponentially high borrowing rates, reveals one source.
According to a leading financial comparison site, the gross cost of personal loan borrowing has increased by almost twice that of the national rate of interest in the last year. As a result, thousands […]

Individuals who are considering applying for a personal loan could make marked savings through an increase in the amount that they request, suggests a new report.
According to recent studies by one of the UK’s leading financial research firms, a notable amount of lending institutions have been found to charge considerably higher rates of interest on […]

Consumers who are struggling to manage existing loan and other credit commitments have been advised to avoid the spending temptations that the January sales can bring.
Britain’s foremost consumer credit advisory institution has urged Brits to concentrate their financial prowess more on clearing their debts rather than seeking a good bargain in January, in order to […]