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Tag Archive | "debt"

FSA outlines risk factors for repossession

Sunday, February 17, 2008

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The FSA has stated that over the next eighteen months many homeowners could be at risk of losing their homes. Officials state that the risk could apply to over one million homeowners, with around 25% of those who purchased their properties, took out their home loans, or remortgaged between 2005 and 2007 at increased risk [...]

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Debt Consolidation

Sunday, February 17, 2008

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A debt consolidation loan is a type of loan that is designed to help consumers reduce their monthly outgoings and ease financial management. How much would you like to borrow? Loan Purpose Please selectDebt ConsolidationCarHome ImprovementsWeddingHolidayBusinessCosmetic SurgeryOther Repayment Period Please select1 year2 years3 years4 years5 years6 years7 years8 years9 years10 years11 years12 years13 years14 years15 years16 years17 [...]

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Secured Loans

Sunday, February 17, 2008

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A secured loan is a loan that is available only to homeowners, and this is because these loans are secured against the home. For many homeowners secured loans provide an affordable and effective way of borrowing money for one of a wide range of purposes, such as debt consolidation, home improvements, holidays, weddings, expensive purchases, and [...]

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Northern Rock Adds £100bn to National Debt

Friday, February 15, 2008

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The Northern Rock fiasco looks likely to add £100bn to the national debt, and Labour’s economic competence is under question as a result. The Office for National Statistics has given the figure – which calculates to around £3,000 for every family in Britain – to the Government, and it could mean that Gordon Brown’s golden rule [...]

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