Loan News

Archive for April, 2008

Housing market intervention may be a bad idea

Secured Loans - Monday, April 28th, 2008

In spite of what most people would consider to be a positive pledge by the British Government on the topic of housing market stabilization, one expert is not so sure that “intervention” is the right way to go.
According to a representative from leading financial review site The Motley Fool, forced housing market intervention by the […]

Teens fear future loan debts

UK Loans - Friday, April 25th, 2008

Feeling uneasy towards the possible state of your future finances is probably not something that concerned you whilst being in school…how times have changed.
New research released by Abbey National has revealed that almost 20% of children in their early to mid teens have given thought at least once towards the possibility of being in debt […]

UK loan customers targeted by data hijackers

UK Loans - Wednesday, April 23rd, 2008

Reported cases of data hijacking (otherwise known as phishing) amongst personal loan and financial product customers, have almost tripled since the start of the year.
According to a leading online payment firm (APACs) more than ten thousand cases of fraudulent activity have been reported by consumers over the last 3 months. For those who are unfamiliar […]

Debts harder to manage, as common credit facilities become scarce

Debt Consolidation Loans - Monday, April 21st, 2008

0% interest balance transfer services made available through credit cards are expected to completely dry up from the portfolios of many credit providers over the coming months.
One of the most noticeable effects that the credit crunch has had on society is that it has effectively rendered cheap credit (and the availability thereof) almost obsolete. This […]

Eco cars capture the British publics imagination

Car Loans - Monday, April 14th, 2008

Eco friendly vehicles such as cars, trucks and motorcycles are starting to seriously capture the imaginations of British motorists suggests a new report.
UK based credit reference agency Experian has discovered that vehicles powered by diesel dependant engines have attained almost 5% more of the market than previously recorded, whereas demand for vehicles powered by petrol […]

Loan borrowing options set to further deplete

UK Loans - Friday, April 11th, 2008

Consumers looking to source loans, credit cards and mortgages over the coming months will have a tough time in quenching their financial needs according to one source.
A representative for a leading financial trends institution (Capital Economics) has asserted that a national tightening of consumer lending is likely to continue up until well into the latter […]

Loans loose out to credit cards

Personal Loans - Wednesday, April 9th, 2008

An increasing number of Brits are using credit cards as a means to bridge their short-term financial requirements according to a recent report.
The price comparison site Money Supermarket has discovered that an unusually high amount of people have ditched the option of sourcing a personal loan over recent months, favouring credit card borrowing instead. The […]

Questions raised over unsecured loan checks

Unsecured Loans - Monday, April 7th, 2008

Current processes used as part of a typical unsecured loan credit search may not be thorough enough to safeguard borrowers against the possibility of repayment defaults, suggests a new report.
According to the UK based price comparison site Uswitch, more than two thirds of unsecured loan advances were granted in 2007, with little to no evidence […]

Families brace themselves for a financially taxing year

UK Loans - Wednesday, April 2nd, 2008

2008 may be heralded as one of the most financially taxing years on record for consumers who are struggling to manage their personal loan and mortgage debts.
Recent announcements by credit reference agency Call Credit UK suggest that rapidly increasing living costs brought on by the international credit squeeze, coupled with relatively low to non existent […]

 
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