Tag Archives: lending

Alternatives to Credit Cards

Credit cards are a very popular way of obtaining credit easily, however, since they largely rely on a good credit history it can prove difficult to obtain one if you have experienced debt problems in the past. Credit cards – … Continue reading

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Consumer Opinion on Debt Raises Concerns

A recent study by the life insurer, Scottish Prudent, has revealed that British consumers would have to be around £16,000 in debt before worrying that they were in serious financial trouble. The survey goes on to show that the average … Continue reading

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Banks still charging extortionate rates on overdrafts

Recent figures by the Bank of England suggests that customers are being crippled by the highest rate in overdraft charges since records began. Financial experts throughout the UK have condemned these extortionate charges being imposed on customers who dip into … Continue reading

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Credit cards set to pay for Christmas

A recent study by ConsumerIntelligence.com shows that over half of British consumers are planning to use credit cards to meet the costs that Christmas throws at them. A massive 55% of people have said that they plan to use their credit card to fund … Continue reading

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UK homeowners struggling to meet credit card and loan repayments

Debt management help may be needed by British consumers who are struggling to meet personal loan and credit card repayments, according to a survey by YouGov. The report showed that around 1 in 6 households in the UK are experiencing difficulties with their mortgage. … Continue reading

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Credit Card lending improves

Recent figures released by the Bank of England have revealed that credit card lending improved during July in the UK. Many economists believe that this indicates tentative signs in the recover of the country’s economy. The Bank of England’s figures showed that … Continue reading

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