Over the course of the last two months we have seen the Bank of England base rate of interest on loans and mortgages fall to a record low level of three percent, from five per cent only two months previously.
Many people with secured loans and homeowner loans have seen the monthly cost of their [...]
Times are starting to become hard for many individuals living in the UK today, with the average level of disposable income reducing by around 30 per cent and a large number of people only having enough money in their salary cheque to cover their essential bills and outgoings each month, many people are being forced [...]
As it becomes more difficult to be accepted for a personal loan from a financial institution, not to mention the increasing cost of taking such a loan, an increasing number of people in the UK are turning to their family and friends when it comes to borrowing money, rather than approaching their bank or other [...]
With the turmoil in the money markets and UK banking system over the past few weeks, along with the continuing slow down in the economy and struggling housing and loan markets, there is an increasing amount of pressure being placed on the Bank of England to cut the base rate of interest sooner than was [...]
Young people who apply for personal loans on the fly without devoting careful thought and consideration to the possible financial detriments that their decision could bring, may live in regret for many years after.
According to a recent study undertaken by leading financial institution PFEG, more than 60% of borrowers aged between 18-26 will significantly increase [...]
Borrowers looking to acquire finance by way of a personal loan during the coming months may have cause to rethink their intentions, if findings from a recent study are anything to go by.
According to newly released statistics from financial trends institution Defaqto, the typical cost of personal loan has increased by close to 5% over [...]
There are very few people within the UK who are both comfortable and indeed willing to discuss the state of their personal finances with either friends or loved ones.
A recent survey conducted by insurance giant SPF has found that some 80% of their clients will go to great lengths in order to shroud their finances [...]
