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Loans UK news (page 9):

LV=-urges-people-to-check-finances-in-uncertain-timesLV= urges people to check finances in uncertain times
19th November 2008
People are being urged to make sure they are regularly checking their financial situation, especially as the current economic climate means there is a risk they could be made redundant.

LV= also claims that income protection insurance is vital in uncertain times, reminding workers that it i...
990 views | 0 comments


Equity-may-be-needed-to-secure-mortgagesEquity 'may be needed to secure mortgages'
15th November 2008
Any homeowners wanting to end their current loan or mortgage may find that they need to introduce equity to secure a competitive rate on their next deal.

This is the opinion of Al Elliot, an advisor at the Homeowners Advice Centre, who believes that reverting to standard variable rates (SVR...
1015 views | 0 comments


Declining-sales-may-cause-economic-recoveryDeclining sales 'may cause economic recovery'
14th November 2008
The falling retail prices in the UK, caused by a decline in sales figures, will mean that eventually people will have more money which could lead to economic recovery in the country.

This is the opinion of Defaqto, which claims that as the price of oil has collapsed, food costs have also st...
936 views | 0 comments


Brits-recycle-gifts-for-credit-crunch-ChristmasBrits 'recycle gifts for credit crunch Christmas'
14th November 2008
As Christmas in the UK approaches amid the credit crunch, many people are planning to recycle old presents in order to save money, it has been found.

Research by CreditExpert.co.uk found that 18 million Brits are planning to give their friends and relatives unwanted CDs and toiletries that ...
1051 views | 0 comments


Credit-Action-People-need-to-budget-to-survive-the-credit-crunchCredit Action: People need to budget to survive the credit crunch
14th November 2008
If people get into the habit of budgeting they will be bale to make their money work better for them during the current economic downturn, it has been claimed.

According to Credit Action, people can keep a diary or write down everything they buy as a way of seeing areas where they could pot...
1396 views | 0 comments


Brits-lying-about-finances-during-credit-crunchBrits 'lying about finances during credit crunch'
12th November 2008
New research has shown that one in three Brits have lied to friends, relatives and partners about the state of their financial affairs.

According to AXA, more people are feeling the need to bend the truth because of the global economic downturn and most of them are aged between 25 and 44.
976 views | 0 comments


Foolcouk-Stay-away-from-store-cards-this-ChristmasFool.co.uk: Stay away from store cards this Christmas
11th November 2008
Brits should not depend upon store cards to help them buy gifts this Christmas as many companies are putting their interest rates up, it has been claimed.

Instead, people are advised to plan ahead and put money aside ready for the festive season so they do not get a shock in January, money ...
943 views | 0 comments


Christmas-cutbacks-by-credit-poor-BritsChristmas cutbacks by credit-poor Brits
6th November 2008
Many people will be cutting back on expenses this Christmas because of tighter budgets and a lack of readily available credit, it has been claimed.

Fool.co.uk says that Brits will be realising they cannot live beyond their means and are unlikely to be using store credit cards to purchase th...
965 views | 0 comments


Brits-cutting-costs-this-ChristmasBrits 'cutting costs this Christmas'
1st November 2008
Families in the UK are likely to be spending less this Christmas in a bid to fight the effects of the credit crunch, a new survey has revealed.

Research by Birmingham Midshires shows that 78 per cent of people claim they will be making an effort to cut costs and ensure their festive celebra...
962 views | 0 comments


Expert-Interest-rates-could-fall-below-zero-per-centExpert: Interest rates could fall below zero per cent
1st November 2008
It has been claimed by one expert that interest rates in the UK could drop to below zero next year.

Michael Baxter, an economist at Defaqto, also believes that this will happen in other countries such as Japan and the US as the world struggles to cope with the current economic climate.
...
968 views | 0 comments


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