Thrifty Loans

Lehman may withdraw from UK mortgage and lending market

According to a recent report Lehman Brothers, the lending specialists, could be considering withdrawing from the UK market, as the global credit crunch continues to wreak havoc across both the UK and the United States. In a recent report it was claimed that the lending giant was considering suspending lending at its UK subsidiaries, Preferred [...]

Continue reading...

Young Run Up Debt To Fund Celebrity Lifestyles

Young people in Britain today are attempting to pursue a celebrity lifestyle on guttersnipe wages, and the numbers simply don’t add up. Experts claim that such a high-spending lifestyle beyond affordability is akin to committing financial suicide, and they are showing a reckless attitude to borrowing. Bankruptcy is not seen as shameful, but rather as [...]

Continue reading...

Personal Loan Rates Have Gone Up

There has been some conflicting evidence recently about personal loans, and whether they are becoming harder to get for all, or whether it is the small percentage of the typical sub-prime market who are struggling to borrow money. New research from data analyst Moneyfacts shows that personal loan rates are on their way up, and [...]

Continue reading...

Personal Loans Shoot Up

The interest rates for personal loans have seen steep increases in recent months. The Bank of England’s base rate has remained at 5.75% since July, but personal loan rates have shot up as a result of the credit crunch. A survey of 32 loan providers showed that some have pushed rates up by 3% – [...]

Continue reading...