19 February 2010 Archive

Consumer credit applications 'remain subdued'

Applications for personal loans and credit cards remained subdued in December.

Applications for personal loans and credit cards remained subdued in December as consumers showed little improvement in their appetite for borrowing, the Bank of England has revealed.

The problem with unsecured loan brokers

Unsecured loan brokers may not be able to provide the help they suggest

The recession has seen us all feel the pinch and it may be tempting to apply for an unsecured loan if you're debts are beginning to stack up. But lenders have become increasingly reluctant to offer this kind of credit and, as a myfinances.co.uk investigation has discovered, searching the internet for a specilaist unsecured loan broker might mean jumping out of the frying pan and into the fire.

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