UK Graduates Looking Short-Term At Their Long-Term Financial Responsibilities by Richard Green
With almost two thirds of university entrants from England and Wales who applied for maintenance grants for this year being unsuccessful, and the average graduate owing £13,501 when they leave, according to Barclays, combined with a survey by High Fliers Research showing that only 21% of... Overall personal debt in the UK is increasing at a rate of £1m every four minutes however the rate of change in the levels of student debt are accelerating far faster than the already worrying UK average (five-fold increase in total graduate debt over the last decade).

Christmas Loans – Background to a Financially Sound New Year by Andrew Baker
While Christmas recedes into oblivion in a day or two, the expenses you made during the period are not going to leave you so easily. The breadwinner is familiar with this, and Christmas festivities appear bland to him. With Christmas loans, individuals no longer need to waste off their Christmas... Christmas loan is how a personal loan is used for the desired purpose. ... The borrower enters into a contract with the loan provider for the repayment of loan within a fixed term of repayment. ... If the borrower is able to save a part of the loan, then he can conveniently use the loan for...

Borrowing Online by Joseph Kenny
Online borrowing is growing rapidly. The technology has developed to allow secure and private transactions to take place over the internet. This has led to huge increase in customer trust of the internet as a place to manage their finances. It is also an extremely good place to conduct loan... There are a few things to be wary of online, such as loan scams or identity theft, but dealing with reputable websites and being careful with your personal information should generally keep you safe. ... Most people understand that at the end of the day, a loan bought online and a loan bought at your...

Apply for a Loan or Buy a Used Car? by Joseph Kenny
It is a fact of life that many people need adequate forms of transportation to commute to and from their jobs. If you are like most people, your car is one of the largest expenses you will have next to your house. In all the research I've done on personal finance, how you go about purchasing an... Unlike a car loan, you won't have to pay interest when purchasing a used car. ... When you take into consideration the interest that must be paid, it can take as long as 7 years for the average worker to pay off this loan.

Secured Loans Information by John Mussi
A secured loan is a personal loan which is generally offered to home owners. In a typical secured loan, the home is used as collateral against the loan, meaning that should you be unable to maintain the loan repayments, your home will be at risk. A secured loan is a loan made with an asset,... Using your house as collateral means your house may be at risk if you can not meet your personal loan repayments. ... The majority of homeowners who take out loans will choose a secured loan option simply because it will be cheaper than unsecured loans.

Home Loans - Read About the Different Homeowner Loans Available in the UK by Phil Drew
Home loans are available to homeowners from our market leading lenders to use for home improvements, a holiday, their children’s education or to pay off outstanding debts. What you use it for is up to you. Home loans are secured on your home which means that your home is used as collateral or... This is purely an indication rate for their company and the exact APR you’re offered will depend on the amount you wish to borrow, the length of time you’ll take to pay the loan back and a personal assessment of your financial circumstances by the lending company.

Take Cheaper Finance Through Home Improvement Loans by Natasha Anderson
Your home always needs improvement works which range from urgent repairs to adding rooms and modernization. To carry out these works you require large funds which in many instances become difficult to obtain through personal means. You can, however, take home improvement loan at lower interest... As higher equity ensures greater security of the loan, the lender therefore has no problem in offering greater amount of loan. ... Lenders generally provide secured home improvement loan up to £250000 It is important to note that in instances where greater loan is required, lenders check equity in...

Make or Break Your Retirement! by Henry Baker
The Prudential has dubbed those who refuse to leave home as "kippers" or "kids in parents' pockets eroding retirement savings". Recent research concludes 6.8m over-18s live with their parents. Less than half pay rent, and many parents provide cash to spend. ... However, these challenges create many new opportunities for parents to help their children find a path to financial security, personal growth and prosperity. ... In fact, one in seven parents with adult children have remortgaged or taken out a loan in an attempt to help them.

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. ... In a situation like this it could take many years to pay off a loan. ... Don’t Be Depressed Even worse, if the economy suffers a major depression similar to what occured in 1929, banks and loan companies may begin calling in debts in order reduce their losses.

The Perils of the Property Ladder: Has Anyone Noticed the Silence? by Rachel Lane
There was a time when every conversation was focussed on property and every other TV programme was about property makeovers. Everybody wanted to get into property and those already on the ladder seemed fixated on becoming wealthy overnight. Remember those media-nominated millionaires who bought... People are paying the equivalent of about 20 per cent of their disposable income on interest and debt repayments – the highest since 1990.” In a survey by the Citizens’ Advice Bureau (CAB), the three most common reasons for debt problems were quoted as: * Sudden change in personal circumstances...