How to get a Low Interest Rate for a Private Student Loan
1. If you have a poor credit, then get someone to sign the loan with you. This other person should either have a good or at least above average credit history. It can not only help you to get a private loan approved, but you could also benefit from a low interest rate. The co-signer can be a parent, grandparent, [...]
Loan scam complaints up 50%
The Office of Fair Trading (OFT) is advising people to stay away from scam loan companies that request upfront fees but fail to either provide credit, or offer the wrong credit alternatives. There has been a 50% year-on-year rise in complaints concerning loan scams, especially applications for credit which imply upfront fees transfered through specialised companies. Therefore, the OFT has [...]
MPs criticise banks for trying to abolish cheques
MPs are having a dispute with banks that intend to eradicate cheques. One of the Treasury Select Committee made a warning to the banks so that they will not dismiss cheques or influence clients to stop using them. It has also made a suggestion that the Payments Council should be brought under regulatory control to stop its “unfettered power to [...]
Secured Loans – The Perfect Solution
Secured consolidation loans are designed to offer a helping hand all the people who have debts. These loans are quite similar to other loans, except for the fact they are unsecured. In other words they do not require collateral. Lenders are more than ok with cutting down requests and offering loans for people with debts. This is so that customers [...]
Average UK student debts may reach £53,000 in 2012
The Push university has informed us that the average debts per year have risen by 6.4% in 2011 and reached £5,680 (which is more than the inflation). 2.800 students have been interviewed and their results have been recorded in a survey that was published one week before top students are due to receive results. It is based on the idea [...]
