The UK’s Loan Statistics – How many people seek a loan?

How many people in the UK have actually taken out a loan? If you think you’re alone in borrowing money, you’re not. Find out all the statistics below.

If you think you’re alone when you’re looking to borrow money, you are not. Thousands of people all over the UK are seeking all kinds of loans, to finance their lives. Be it guarantor loans or mortgages, the number of people looking to take out a loan has risen rapidly over the years. With more and more people looking for a loan, it’s become the new norm to borrow money. Continue reading

How to convert your car’s value into cash with log book loans in the UK

When you’re looking to raise funds to give you a cash injection, you might consider pawning or selling some underused or unwanted items, or even some jewellery or high value household goods. But it’s easy to ignore one of your biggest assets – your car. But why would you sell it? You need it every day and you’d be stuck without it. With log book loans in the UK, you don’t need to sell your car in order to release the equity in it and give you the cash injection you need. Continue reading

What a World without Credit Would Look Like

Technically one could argue that a world without credit (the other side of debt) would be one that takes us back to the days when we used to barter with each other since fiat currency in itself is debt, but I’m not talking about it on a level that deep. I’m merely talking about that standard credit which is issued by a lending institution like a bank or an alternative lender, perhaps even that friend or family member who’s willing to lend you a few quid to tide you over until your next payday. Continue reading

Expert Advice – Sorting Your Finances With a Personal Loan

Britain is a nation of borrowers with the latest figures showing that the average household has more than £11,000 outstanding in unsecured credit of one form or another: loans, credit cards, store cards, overdrafts and so on. If you are struggling with your finances, it’s worth remembering that many others are in the same boat and, as a result, there is plenty of help out there.

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