Joint research published yesterday by the Bank of England blog (BoE) and The Financial Conduct Authority (FCA) shows that the rapid growth in consumer lending has been driven by those with good credit scores. Unsecured loans grew rapidly in 2016/2017 amid concerns that lenders had underestimated their borrowers’ risk. Indeed the BoE even ensuring an […]
A new year and a new start, or at least the opportunity to look closely at your finances, and all that dreaded Christmas spending. If you have been purchasing on a credit card, now is the best time to look at all your options, especially an unsecured loan. Clearly if you’ve used a 0% purchase […]
New data released by moneyfacts.co.uk has shown that the average credit card interest rate is now 23%APR, one of the highest on record. So is it now the best time to apply for an unsecured loan? Of course there are still some good credit card deals out there that offer special introductory deals and lower […]
Research from TSB has revealed that at least 59,000 British adults who have a least one interest bearing debt are paying more than they need to by not moving to a better deal, whether that be another credit card or unsecured loans. Brits are paying as much as £664 million in total per year extra […]
As Christmas approaches, it is inevitable that your spending will increase too. Catalogues are an easy way of shopping, and let’s face it they have been around for years so they are brand names that we trust. Freemans and Littlewoods have been around for decades and allow us the convenience of shopping at home, having […]
