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- UK consumers 'stubborn' over service providers - 5th January, 2010
Almost 20 million Britons decided against moving to a new provider of everyday financial services and utilities in 2009, it was claimed today (January 5th).
A new study by GoCompare.com has indicated that, despite the tough economic landscape, 41 per cent of consumers have not reacted by attempting to seek better deals... - Motorists urged to 'haggle' over new car purchases - 4th November, 2009
British motorists have been urged to shop around for the best available new car finance packages as part of a strategy to reduce the cost of their purchases.
According to Sainsbury's Finance, car buyers are heavily favoured in the present market, although the company warned that they will only secure the best deals if they put in some leg-work... - Cheap personal loan advice offered - 20th October, 2009
Consumers in the UK who need a cheap personal loan need to check the details of the product carefully before they sign a contract, according to one expert.
Stewart Farr, from financial advice website Moneyextra.com, said that details such as typical APR can be misleading when shopping around for cheap personal loans, as lenders change the rate a customer gets depending on their credit histories... - RBS cuts financial loan fees - 9th September, 2009
The Royal Bank of Scotland (RBS) has succumbed to external pressures by reducing the fees it charges on its overdraft financial loan by 50 per cent.
Cutting the amount from £30 a day to £15 a day, the bank has still been criticised by financial advice website moneysupermarket.com for maintaining such a high figure, which will not help those dealing with debt in the current economic conditions... - Financial loan rates 'unfair' - 28th August, 2009
The rates on secured and unsecured loans being offered by lenders at the moment have been branded unjustified by one financial advice website, which has released research on the subject.
In a study of the average level of interest applied to financial loans over the past four years, moneysupermarket.com found that borrowers can expect to pay a typical 10.32 per cent rate for figures of £5,000... - New car finance needs to spark rise in personal loans - 25th August, 2009
More people will be looking for new car finance options such as personal loans when firms introduce their models for 2010 in September, according to one expert.
Writing for the Independent, Andrew Hagger from Moneynet.co.uk said that in order to afford a new car, finance choices like a personal loan will become more popular, providing the necessary cash to splash out on an up-to-date vehicle... - Expert gives tips on cheap loans - 18th August, 2009
The low base rate had yet to make any impact on the personal loans market until Nationwide announced its 7.7 per cent offering last week, but for those wanting to look elsewhere, one expert has offered some advice.
Writing in the Independent, financial journalist Victoria Bischoff said that cheap loans may now come onto the market thanks to the Nationwide deal, but borrowers should still shop around to see if they can get a more suitable offer elsewhere... - Potential debt victims 'should seek advice' - 3rd August, 2009
Those who think their personal loan or credit card debts could spiral out of control should seek advice at the earliest opportunity, according to one charity.
The Money Advice Trust (MAT), which offers financial advice to households dealing with debt, said that debt is on the rise due to the recession and many people will find their income less secure than it used to be... - Brits turn to high-interest unsecured loans - 30th July, 2009
Low-income Brits are being hit hard by the credit crunch and are turning to unsecured loans with high interest in order to deal with their debt problems, according to one industry figure.
Children's charity Barnardo's recently called on the Office of Fair Trading to launch an investigation into the practices of high-interest unsecured loan providers amid concerns that they may be helping families to spiral into debt... - Consumers are 'responsible for dealing with debt' - 26th June, 2009
Consumers are responsible for dealing with debt and should not solely rely on third party financial firms to bail them out, one expert has advised.
According to provider of free and impartial financial loans advice Debt Free Direct, there is always a solution to the worst of money problems consumers should not lose heart...