- Tuesday, April 6, 2010, 14:12
- Newsletter NEW
Borrowers looking for less than £5,000 in personal loans are paying around 130% more for their loan than they would have four years ago, according to research by Moneysupermarket.com, while those needing more than £7,000 are getting a better deal.
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Many households will be pushed over the edge into bankruptcy this year as borrowing channels dry up as a result of the international credit crunch.
A report from the TDX Group, which provides detailed debt-collection information to lenders, claims that about one millions consumers are struggling with ‘problem debt’, at an average of around £25,000 each. Almost 600,000 of these are expected to be forced into ...
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Today is one of the busiest days of the year for people in the financial advice industry. The first Monday of the New Year is officially the day when people wake from their seasonal slumber and try to get their lives in order; invariably this includes seeking some form of advice regarding their finances in general – or more particularly, the dread of their impending ...
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