Thrifty Loans

Are mortgage lenders favouring the rich?

A recent report has claimed that mortgage lenders are favouring richer consumers, resulting in home loan approvals falling for the second month in a row in October, as lower income consumers continue to struggle to get finance for purchasing a home. Almost all of the mortgages that were approved are said to have been extended [...]

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Consumers need to admit to debt problems

Officials from a leading charity in Dorset have said that the number one concern for residents in the area these days relates to personal debt levels, which has taken over from the previous major concern, which was related to benefits. This comes from the Citizen’s Advice Bureau in the area, which said that more and [...]

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Increased competition comes to personal loans market

In the run up to Christmas the competition in the personal loans market has increased even more, with some lenders slashing their rates on personal loans, including Nationwide, which reduced its personal loan rate to the lowest in the UK at 6.2 percent recently. Whilst eligibility terms and conditions will apply for the loans, it [...]

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Loans over Christmas could lead to increased debt in New Year

Over the up and coming Christmas and New Year period many people will be relying on various forms of finance in order to afford things like Christmas gifts, new clothes, and purchases for entertainment. With more and more people unable to save up enough to cover the festive season due to the difficult financial climate, [...]

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