An estimated 8 million U.K. residents are struggling with some form of excessive debt and routinely miss payments for obligations. Projections from PwC show that by 2020 each household will have accumulated £12,500 in unsecured debt. It is estimated that only about 20% of these individuals faced with large debt seek advice from others. Those …
Those with bad credit may struggle to qualify for loans. Lenders who receive an application for credit from a potential borrower are going to consider your credit score and/or history. Often those with bad credit find themselves with very limited options. Typically they will qualify only for loans with high rates of interest, which makes …
The end of the year holiday season is almost here. Many people will be spending money as they purchase gifts and travel to visit friends and family. British consumers spend over £390 each just for Christmas alone–a total of over £14 billion. An estimated 42% of consumers make purchases on Black Friday and another 25% …
There are a variety of different forms of loans and purposes why they might be obtained. Most types of loans can be separated into secured or unsecured categories. A secured loan is linked to some form of collateral such as a house or a car. This allows the lender to take possession of the collateral …