Personal loan rates at pre-credit crunch levels
A price war between personal loan companies is driving down the costs of borrowing, benefiting consumers looking for low rate loans. The Financial Times reports that despite the Bank of England Base...
View ArticleLow-Cost Housing Not What Was Expected
John Prescott, former Deputy Prime Minister, had promised to help reduce the cost of homes for first-time homebuyers with homes that were to cost £60,000. Unfortunately, here it is 7 years later and...
View ArticleStudents struggling more than ever as first-time buyers
More bad news for students and those looking into higher education – though not exactly groundbreaking news – according to new reports, that growing student debts will lead to a reduction in the number...
View ArticleFewer SMEs seeking loans for expansion
A recent survey of businesses with a staff numbering up to 250 employees has shown that UK firms are becoming more self-reliant when expanding and have refrained from applying for loans from British...
View Article‘Predatory’ Lenders Thriving in Credit-Starved Economy
Many Britons are turning to payday lenders with ultra-high interest rates due to a lack of credible alternatives. With many banks offering limited short-term lending options to borrowers, an increasing...
View ArticleShort-term Lending Done Right: What to Look For When Borrowing
While the drive to cap payday loans was understandable and necessary, there is no doubt that this type of lending has been unfairly demonized by the popular press. After all, short-term lending adds...
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