These days, banks offer a range of products and services designed to meet the needs and wants of all their customers. Many branches will have a different advisors and customer relations managers who are assigned to the different customers of the bank. So for example, there will be a student and graduate advisor who will [...]

We hope in this section to guide and inform you of the pitfalls of getting a UK home loan. Which lender will give you the best deal and who will charge you the most. Here are our top five concerns that you need to look out for when making the decision of who lends you [...]

The average level of consumer credit continues to increase every year. Today there are more people in debt than ever before. This also means that there are more people having trouble making debt repayments than ever before.

Debt consolidation continues to grow in popularity as more and more people realise the savings they can make from doing so. Debt consolidation is a relatively simple concept. You first assess all your existing debts. Most people will have a number of outstanding debts from various sources such as credit cards, store cards, bank overdrafts, [...]

Virtually every adult in the country will have a credit report. This is a computer file stored on a database that will contain information on your personal details and status, you income, your occupation, the amount of outstanding debt you have and your past record of paying off loans. Lenders will then use this information [...]

There are many reasons why people borrow money, and just as many ways in which to do so. Common borrowing purposes can basically be divided into two categories. The first would cover things such as buying clothes and other purchases on credit cards, using store credit, and taking advantage of buy now pay later or [...]

With the rate that consumer debt continues to rise, it may appear to some like as if there is no limit to the amount they can borrow. This will appear particularly true if the debt is to be secured with a secured loan. However, all lenders still impose strict limits on the amount they will [...]

Once you’ve made the decision to take out an unsecured personal loan shopping around for the best deal can seem confusing at times. There are a large number of companies offering different kinds of deals with different APR rates, some dependant on length of loan term, amount you wish to borrow and in some cases, [...]

If you have payment protection on any personal loans that you may have made, did you know that you could be paying upwards of £2000 on top of the original debt including the interest? Probably not because the lenders are playing a percentages game with you that includes giving you something in one hand and [...]

How do you assess the cost of a loan?
According to the government, the cost of loan should be completely and clearly illustrated in one easy to compare figure. This figure is known as the annual percentage rate or APR.
The APR takes the true cost of the loan and expresses in a statutorily defined manner so [...]

If you’ve decided to take out a personal loan your committing yourself to a financial agreement that will not only usually last for a period of between 1 and 5 years but also will cost you money in fees and APR charges. Thus most consumers will consider it important to try and get the best [...]

Making the decision to take out an unsecured personal loan is an important one for several reasons. Whatever you’re using the money for is likely to be an important financial investment, whether it’s home improvements, a car, debt consolidation or even a family holiday you’re planning to invest a significant amount of money in it.

The only way to get a good deal on a loan is to shop around. It’s the same advice everywhere you go. While there are many different lenders and offers on the market, different types of loan arrangements and different terms and conditions, you can always improve your position and get your self a better [...]

These days, financial advisors and banks will always give you one vital piece of advice when you are considering borrowing any amount of money, from anyone. That advice is to shop around. By shopping around, you gain a number of benefits that are virtually unobtainable in any other way. Not only will you be informing [...]