Thrifty Loans

Many middle income earners turning to payday loans

It has been claimed that many middle income earners across the UK are now turning to payday lenders and other less traditional forms of credit because they are being put off by the cost of personal loans from banks and traditional lenders. One payday loan company stated that around 57 percent of its customers were [...]

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Drop in mortgage and loan rates

For well over two years the base interest rate in the UK has been at its lowest level in the history of the Bank of England, standing at just 0.5 percent. The base rate was slashed towards the start of 2009, as the former Labour government tried to take measures to boost the economy and [...]

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Use a loan to repay your credit cards

As anyone with a high interest credit card will know only too well, it can be very difficult to tackle high levels of debt on these cards particularly given the crippling rate of interest that many providers are charging on credit cards. Many cards charge way more than 18 percent APR, with those for people [...]

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Consumers need to compare personal loans

Industry officials have warned recently that consumers who are considering taking out a personal loan need to make sure that they are comparing a number of loans and providers in order to get the best deal, as it is becoming more and more difficult to find a competitive deal on a personal loan. This is [...]

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