‘General’ News
Landlord’s Gain but Buyers Lose Out
Posted 2007-12-18
Today, the Royal Institution of Chartered Surveyors (Rics), revealed that though the slowing housing market increased rental growth, the demand for flats has reduced. This is because there is a lack of incentives for would-be-buyers to take the initiative to...
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Problem with last minute holiday shopping revaled in a study
Posted 2007-12-14
As a result of little or no planning, this Christmas, people are in panic mode. They seem to be in a gift-buying frenzy. It is estimated by Egg, a credit card provider, that around 594 million pounds will be over...
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On the rise – Cash withdrawals
Posted 2007-12-13
In order to buy their Christmas goodies and various other festive purchases, consumers use cash, and go to the extent of using their credit cards for cash withdrawals. In a stark comparison to last month, the first week of December...
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No change in loan’s discrimination by banks
Posted 2007-12-10
The BBC reported that, high street banks still have the right to practice age discrimination in their provision of credit. The current situation is such that, older people find it rather difficult to obtain credit from banks. This is because...
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Christmas Expenditure – Affected due to Credit Changes
Posted 2007-11-26
Accountants at PricewaterhouseCoopers (PwC) have provided proof that consumer credit has tightened in the UK. Furthermore in its Precious Plastic 2008 report, the company claims that due to an increase in the number of consumers unable to repay their credit...
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Ongoing financial crisis sees a cut in credit limits
Posted 2007-11-20
It is said that due to the current ongoing financial crisis around the world, consumers are allowed to put only up to a certain amount on their credit card. The Daily Telegraph reported that credit providers are cutting down the...
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Welcome to the Loans Guide
Posted 2007-10-30
We are going to be taking you through the world of finances here in the UK to help you understand the pros and cons of loans, mortgages and how you can work your way to financial independence. ...