Articles from April 2010

Borrowers Take Advantage of Low Interest Rates to Increase Repayments

Calendar April 30, 2010 | Posted by admin

New figures have revealed that more people are repaying loans than are applying for fresh credit.– as were those with personal loans. Fresh figures from the British Bankers Association (BBA) show that the amount of applications for new loans is being outstripped by the sums going towards repayment. The BBA said that the situation was [...]

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Debt Consolidation Less of a Priority for Borrowers

Calendar April 22, 2010 | Posted by admin

New research has found that people are increasingly taking out personal loans to finance home improvements or pay for a car than for the purposes of debt consolidation. A study carried out by Sainsbury’s Finance found that over the past two years, the amount of loans undertaken for the purposes of debt consolidation have dropped [...]

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