As the economy in the UK continues to slow down on the back of the credit crunch, a large percentage of the population are beginning to feel the squeeze on their financial situation, even if they haven’t been doing so already.
With the cost of living continuing to rise and wages and salaries becoming lower in [...]
As the UK economy continues to slow down and it looks as though Britain is about to head into a recession, the number of people unemployed is starting to rise dramatically and many experts predict that there could be as many as two million individuals unemployed by the end of this year, with worries over [...]
Everybody in the UK with any kind of mortgage or loan breathed a sigh of relief a couple of weeks ago at the prospect of cheaper monthly loan repayments, as the Bank of England announced a cut in the base rate of interest of 0.5 per cent.
However, in many cases this optimism was short lived [...]
Payday loans are rapidly gaining popularity amongst borrowers within the UK suggests a recent study.
According to financial comparison site Money Supermarket, demand for payday loans and the companies providing such services has more than doubled in the last six months.
For those who are unfamiliar with this method of borrowing, payday loans are essentially a short [...]
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 [...]
David Cameron, leader of the Conservative Party has recently stated that times have become particularly difficult for many families in the UK.
According to the Politician, recently conducted research by his party has revealed that the average costs associated to daily living are growing with considerably more momentum than the projected rate of inflation.
The report outlines [...]
One of the UK’s leading product review websites has recently advised Christmas shoppers to avoid the usage of store cards over the festive season.
Traditionally, store cards are one of the most popular forms of credit attainment during the holiday season, as they offer shoppers convenience, and also provide certain loyalty related benefits. However, it has [...]
