Sunday, August 31st, 2008
Research from leading accountants Grant Thornton has shown that the total amount owed by UK consumers in the form of mortgages, loans and credit cards has increased by 7.3% in the 6 months preceeding June. The figure now stands at nearly £1.5 trillion.
During the same six months, the UK's Gross Domestic Product (GDP) only increased by ...
Posted in Credit crunch, Debt | No Comments »
Tuesday, August 12th, 2008
3 Remortgaging mistakes to stay away from
Remortgage or mortgage refinance provides you with a way by which you can replace your current mortgage with one that’s pretty more affordable and manageable. That is, if you cannot pay at the current mortgage rate, you can take out a new loan at ...
Posted in Personal Finance | No Comments »
Wednesday, July 23rd, 2008
Many of us are finding that we need to take out loans to shore up our finances just now. Most companies who lend to those with a good credit rating are offering more or less similar deals at the moment, but if your credit rating is poor, you’re likely to ...
Posted in Credit crunch | No Comments »