09/22/2018 - 12:09

Home owners who have Standard Variable Interest Rate mortgages and tracker rate loans were pleased to know that the base rate of interest for loans would remain unchanged for another month.

09/15/2018 - 15:41

Although the FSA has announced that there would be no ban on interest only loans, some loan providers have decided to stop offering this type of loan.

08/25/2018 - 14:35

Summer is the time when many scool-leavers are thinking about university education and most of them have to learn how to manage their own finances and pay their own education bills.

08/15/2018 - 15:34

According to the study carried out by R3, the recent recession and financial instability in the UK have resulted in consumers getting preoccupied with their personal debt

08/09/2018 - 17:15

Equity release loans are getting even more popular than ever.

07/27/2018 - 11:34

The recent recession and grim financial climate in the UK have pushed many people over the edge, with soaring costs and decreasing wages leaving many with the only option to use credit cards and loans.

07/08/2018 - 17:18

According to the projections, the number of car loans obtained by British consumers will see an increase later this year.

06/30/2018 - 13:35

According to a recent suvey, private property is becoming more expensive to rent, which is likely to result in the increase in the number of new tenant loans applications.

05/31/2018 - 11:30

The recent data from Key Retirement Solutions shows that the average retired individual in the UK who raises money by releasing equity in their property, is using the new loan to repay outstanding unsecured debts of £25,418.

05/16/2018 - 13:00

Even thought the UK is gradually coming out of the recession and signs of positive growth can already be seen, many Britons are finding themselves in a difficult situation and feel inadequate at repaying their loans and other household bills.

05/05/2018 - 11:10

Equity release loans are not as popular among home owners now as they used to be, which is clearly shown by the recent figures from the British Bankers Association (BBA).

04/26/2018 - 13:38

Since the UK economy went downhill and the borrowers started feeling enormous financial pressure, which led to the increase in the number of loan arrears and defaults, the UK loan industry has been trying to come up with effective ways to support borrowers.

04/08/2018 - 18:52

Worryingly, Rightmove.co.uk has reported that first-time buyers currently make up less than 25 per cent of all potential house buyers in the UK, and this proportion is gradually decreasing in many regions.

04/04/2018 - 15:08

Due to recent pay freezes, increased food and fuel costs and a rise in the VAT rate people have difficulty paying their monthly bills in time, in particular when it comes to their loan commitments.

04/01/2018 - 15:33

The government’s decision to put off the cap on university tuition fees has received a lot of public attention in recent months.

02/22/2018 - 15:18

83 per cent of members of Parliament are unanimous in thinking that first-time buyers must be given help to get onto the property ladder, a recent study has revealed.

02/16/2018 - 17:08

An increasing number of Brits are now reaching the retirement age with uncleared debts on personal loans and credit cards. What is more, many of them still have a mortgage to repay, which is why they are finding it difficult to make the end meet.

02/08/2018 - 16:53

The major UK banks have been severely denounced by many consumers over the last couple of years for their unwillingness to lend to individuals or businesses and also for high bonuses paid to their executives regardless of the fact that the banks haven’t been doing great.

02/05/2018 - 14:00

It has been reported by unbiased.co.uk that first-time buying was still the major driver for consumers looking for mortgage advice last month.

02/01/2018 - 21:37

According to the latest study by Halifax, the affordability of property has increased in more of UK's largest cities.


The cultural transformations that have made people accept life in debt have had a direct impact on the approach youngsters take to money matters, which could lead to negative consequences in the long run as many of the next generation would resort to IVAs to cope with serious financial issues.

When we put efforts into our work and get paid for this, we get an amazing feeling of satisfaction. Our hard hard work seems to have been remunerated financially. We go shopping and buy the items we need and the items we simply want.