Vultures and Victims by Rachel Lane
Has anyone noticed how many loan companies now fill up the commercial breaks? Sofa, after of sofa of happy couples are shown, with carefully manipulated stereotypes discussing the consolidation of their finances, recommending a particular provider. Couples, who have had loan requests knocked... The Joseph Rowntree Foundation reported that more than 25% of general credit applications and over 30% of mortgage applications are turned down because the standard criteria cannot be met, based on research by the Council of Mortgage Lenders in 2002.

Top 3 Debt Management Tips by Stuart Langridge
1. Be honest about it. If you need to ask a lender for help, tell them why and be honest. If it gets worse in the future, and you lied at the outset, you'll get no help later on. In all areas of money, and life for that matter, having a reputation for honesty will always win through. ... In my old life as a mortgage adviser, there was nothing worse than helping someone and really doing my best for them only to hear, 'we just have one more adviser left to see, can we call you?'. ... Pay everything you can on time, every time.

Debt Consolidation: A Rising Industry by Robert Parker
According to the Bank of England, the amount of money owed by consumers in the UK has edged closer to the symbolic £1 trillion mark. As long as figures such as these keep getting reported, the debt consolidation industry will keep flourishing. Consolidation Loans as a loan category originated as... Mortgage is one of the most common debts that UK residents incur. ... This is how these online debt consolidation loan companies work: • You are required to submit your details online using an enquiry form.

Payment Protection - What's All The Fuss? by Michael Challiner
In recent months you'll have seen lots of comment in the UK press about the evils of Payment Protection Insurance. In our view, the problem is not so much about what the insurance does, but more about how it's sold. Payment Protection Insurance protects borrowers who fear they'd be unable to... In a confidential letter sent to the Council of Mortgage Lenders leaked to the National Press, the FSA threatens to bring in “corrective actions” if Payment Protection Insurance continues to be miss-sold.

Unemployed But Have Money through "Bridging Loans for Unemployed" by Scarlette Riley
Unemployment is one of the worst situations in anybody’s life because it does not come alone. Simultaneously comes another worst situation of making the ends meet because of No source of income and the various debts mounting up on his account and the unemployment allowance falling deficient of... To purchase properties Fund short term property renovation To purchase a property before the sale of another To fund the urgent purchase of a property, pending arrangement of a long-term mortgage. ... Therefore this loan is riskier for the lenders and so bridging loans have comparatively higher...

Critical Illness Insurance and Life Insurance Cover for Better and for Worse by Rachel Lane
There are three main types of insurance cover you can buy to protect yourself and your family: life insurance, private medical insurance and critical illness insurance. If you want your financial health to be completely bionic then you could choose all three types of insurance, but if your... For the majority of people, the most important benefit of critical illness insurance is to protect their mortgage and most mortgage protection policies allow you to include life insurance and critical illness cover.

How To Deal With Rising Interest Rates by Joseph Kenny
For the past few years, interest rates have been quite low, causing many people to borrow large amounts of money for a variety of different expenses. Now these interest rates are about to rise, and they will have a large effect on the personal finances of many borrowers. ... Consider A Cheaper Mortgage If you have a mortgage that features an adjustable interest rate, consider switching to a fixed rate before interest rates begin to rise. ... By law, credit card companies have to give you a notice before increase the interest rate on the credit cards, and very few loans are exempt from...

UK Consumers Regaining Control of Runaway Levels of Personal Debt by Michael Hanna
The UK in recent years has seen a massive growth in the levels of personal debt and thanks to increases in secured loans corresponding to a strengthening of the housing market; it does not appear to be slowing down. Recent figures from Creditaction show that since the end of 1993, when debt... Mortgage loans currently make up about 83% of the total personal debt level following a 10.3% (£956.3bn) increase over the past year. ... The RICS have seen increases in mortgage approval figures, as well as the number of prospective buyers making enquiries.

Loans for Unemployed by Joseph Kenny
It is one of life’s small cruelties that the times when you need credit most badly, are also the times when lenders are least willing to give it to you. When you are finding it hard to meet your obligations, your car payments are behind, your credit cards are all fully loaded, and you’re barely... They have many strict conditions, for example, they will probably expect you to accept the first job offer you get, even if it does not pay as well as your last job etc. ... Most credit protection plans provide that if you lose your job through no fault if your own, they will kick in the meet...

Mortgage Glossary of Terms by Darren Yates
A brief list of some of the most common Mortgage terms. Adverse Credit The term used if the borrower has a poor credit history. This could include previous mortgage or loan arrears, bankruptcy or CCJ's. Other terms used to describe an adverse credit mortgage include: Bad credit mortgage... Intermediary A mortgage broker or advisor who finds the most suitable mortgage for a borrower and arranges the mortgage on their behalf. ... Interest Only Mortgage A mortgage whereby the borrower is only required to pay inerest on the amount borrowed during the mortgage term.