UK Loan Articles

In this section we have added some interesting reading for people searching for information about UK personal loans or secured loans. Whether you query would be about certain terms that you do not completely understand, or maybe a certain interest in knowing what loan providers, their history or background, we have some interesting reading that we hope that you enjoy.

Personal Loan Articles

• Shopping For Personal Finance
  
  The advent of the Internet and the introduction of personal computers into most households has had a lasting effect on the way we spend our money.
• Halifax Cash Back
  It used to be that credit cards, personal loans and current accounts were fairly straightforward and individual entities. However recently Barclaycard launched their personal loan/credit card hybrid and it seems there are more changes on the horizon with Halifax launching the UK’s first ever cashback debit card/current account.
• Beware Cut Price Loan Offers - Beware the cut- price deals that are being currently offered by many banks and building societies, which seem to have got into the spirit of the January sales.
• What is a No Status Loan?
  What does it mean to be a no status borrower? Basically, a no status borrower is someone with no credit history at all. This does not mean that you have bad credit, but essentially the risk is not that different in the eyes of a lender
• How Your Credit Rating Affects The APR Offered to You
  With the growth of personal lending came Credit Rating, the industry’s gauge for its potential customers. Data is stored on everybody who has held a credit card, had a mortgage and even who pays utility bills.

Choosing a Loan Provider

• Which Loan is Right for You?
  Shopping for a loan is not easy. It is not the type of thing a consumer looks for very regularly and the small print you must read can be confusing even to lawyers.
• Things to look out for when shopping for loans
  When seeking a loan, especially a large loan, it is a good idea to shop around. The time spent doing your home work will more than pay for itself over the life of the loan.
• Secured Or Unsecured: Which Loan Is Right For You?
  There are many types of loans on the market, but mostly they all boil down to whether they are secured or unsecured. So what are the differences?
• Looking Beyond The Loan Promotions
  People who watch the television advertisements for companies offering easy loan consolidation might think this is a sound financial choice.

Debt Consolidation Articles

• Debt Consolidation of Different Loans
  This is the smart age of handling your money with ease and comfort, while it grows and yields. Applying for loan is as easy as four clicks of the mouse
• Bankruptcy: The Last Step
  It is not uncommon for a working professional to be in some spot of debt trouble. However, there are usually ways to combat this trouble efficiently and without legal process.
• Creating a Debt Relief Plan
  If you are in a significant amount of debt, you are a lot like many professional adults today. That does not have to be the case, however, and by creating a plan, you can get out of debt in a reasonable amount of time without compromising your lifestyle too much.
• Getting Out of Debt
  For many young professionals in England, debt is a serious problem. Debt is not confined to young adults alone, however, and it is becoming more and more important for people to be educated about how they can effectively and legally get out of debt.
• Office of Fair Trading Tips For Getting Out of Debt
  The Office of Fair Trading offers information and resources for consumers, and helps to ensure that their rights are observed by all merchants, including debtors and creditors. The OFT is an independent professional Office that is empowered by law with certain powers to enforce fair trade laws and legislation.
• Not All Debt Consolidation Loan Companies Are The Same
  If you're drowning in debt and dealing with constant calls from creditors, the promises of a debt consolidation loan can seem like a great escape. But can you count on a consolidation loan to solve your financial woes?
• Why Using Debt Consolidation or Bankruptcy Could Hurt You
  While many people with bad credit problems are likely to look at debt consolidation or bankruptcy for solutions, there are a number of reasons why this may be a bad idea. Turning on the television will expose you to numerous advertisements promising to help you fix your credit.

Home/Secured Loans Articles

• What’s a Lifetime Mortgage?
  A lifetime mortgage: It's the next big thing in the world of homeowners. For those wishing to unlock the equity in their homes and use it now, lifetime mortgages are all the rage, particularly among those nearing retirement age.
• Equity Release Plans
  What is an Equity release plan? An equity release plan is where you take out equity on your property allowing you to release money with a tax-free lump sum and monthly payments as income. Basically an equity release plan is a loan from your bank against your house.
• Financing Property Purchases
  If you want to finance the purchase of property there are a few ways you can finance this property. You can take out a repayment mortgage to finance your new property or you can take out an endowment mortgage.
• Last Ditch Money to Stop a Home Loan Foreclosure
  The thought of losing your home is a scary one. If there is an impending foreclosure on your home, there are things you can do to prevent foreclosure.
• Is a Secured Loan Right for You?
  It's the age-old way to borrow money, updated a bit for today's standards. Many people in need of cash for whatever reason look into secured loans. They are often easier to obtain than other types of loans since poor credit scores don't matter as much- you're offering collateral to ensure you pay up.
• When To Refinance Your Home Loan
  Today more and more people are turning to home refinancing as a way to put some extra cash in their pocket and decrease their monthly mortgage payment.
• Should You Take Out A Home Improvement Loan?
  Taking out a home improvement loan can be an excellent step. Renovations and repairs can raise the equity of your home and prove to be an excellent investment when it comes time to sell or refinance your property.
• How To Use Your Home To Get A Loan
  Most people are familiar with unsecured loans. That's where you take out a credit card, a borrowing agreement with a retail outlet or a loan without having to provide any security. However, there is another loan option that might be useful, depending on your personal circumstances. It's called a homeowner loan.

Mortgage Articles

• The Benefits of an Equity Release Mortgage
  If you are nearing retirement, you may be doing your books and thinking about how you are going to enjoy your golden years without the luxury of a constant cash flow.
• Self Certification Self Employed Mortgage Loans
  It doesn't matter how much you make if you can't prove it. That seems to be how most lenders feel about loan seekers who are self-employed, or who make their living as freelancers or from commission sales.
• Home Mortgage Loan
  Choosing the right mortgage is one of the most important decisions one makes while deciding finance. And the right decision can save you thousands of pounds. Know the facts before you move ahead with a home mortgage loan.
• Buy to Let Mortgage
  One of the most common roads to home ownership used to be buying a multi-family row house and letting the rents from other tenants pay the mortgage off for you
• Equity Release Mortgage - Getting The Most From Your Investments
  Equity release mortgages, sometimes referred to as 'reverse mortgages', are becoming a popular way for homeowners to tap into the biggest investment that they've made throughout their lives.
• Right to Buy Council Mortgages
  If you've lived in council housing for at least two years, you may qualify for a right to buy council mortgage under the 1980 Right-to-Buy legislation which was recently amended.
• Online Homeowner’s Loans
  Nowadays, it's all done with computers. Considering the popularity of online banking, shopping, and other financial transactions, it's not surprising that online loans are the next big thing.
• Which Mortgage Is Best For You?
  Most people enjoy looking over real estate publications to decide which home they want. However, the high prices for homes today can be enough to discourage many people. This is especially true if you are looking at listings for homes in major cities like New York, Los Angeles, or San Francisco.
• Sub Prime Lenders – Get A Mortgage Even With Bad Credit
  Even if you have a bad credit rating, you may be pleasantly surprised to know that there is a whole sector catering specifically for you. There are brokers who specialise in clients with adverse credit, and can help you find a mortgage deal.

Business Loans

• If You Need a Loan, Give Good Answers to These 4 Questions
  If you are applying for a small business loan, you will want to answer the four questions discussed in this article well. For loans for individuals, you will want to answer the last four questions well since the first does not apply.
• Is Buying to Let Right for You?
  If you are a first time home buyer, you probably have a lot going on in your mind right now. If you are a young professional, you may be looking to bring in a little bit more income while you establish yourself financially.

Car Loans

• Car Loan Rate
  Car loan rates in US vary between lending agencies and firms, with practically, each one of these lenders promising the lowest APR available in the market.
• Best Car Loans UK
  Owning a car is a necessity in today’s fast-moving world, but to purchase it you should understand that sometimes your savings may not cover its costs.
• Why Not Pay Your Auto Loan With a Credit Card?
  Let's face it: An auto loan can be a burden. If you purchase a brand-new car, you can be looking at years of payments, no matter how good the terms of your loan are.
• In Time of Financial Need A Car Title Loan Can Get You Through
  No matter what your financial situation or your credit history, there are times when everyone simply needs some cash. Whether it's a medical emergency, a vehicle breaking down, damage to property, or any other form of trouble, it is likely to cost some money.

Student Loans

• Student Loans Payback
  Most students know that now that they are going through either there first year at university or are doing their second, third or fourth, you can safely say that a fair number of them will have to fund their studies with loans
• Student Support For Welsh Students
  Students who live in Wales may be eligible to receive support to study in higher education. The support is provided by Student Finance Wales in the form of a fee loan.
• Support For Students in Scotland
  Students who live and study in Scotland receive a lot of support to study in higher education. The Student Awards Agency For Scotland pays up to £1,200 to cover tuition fees. This applies to students who have not previously undertaken a higher education course.
• Why A Graduate Loan Might Be Right For You
  Studying at university can be an expensive business. That expense doesn't end when students have graduated. Once students have left university, they need to find jobs, buy suitable clothes, find somewhere to live and pay the bills until they start earning.

General Topics

• Land Loans
  Purchasing land is a whole different experience than purchasing a home- especially when it comes time to go to the bank. Borrowing a loan to cover the cost of land requires some different terms and conditions than a simple home loan or mortgage.
• Watch Out – There Are Loan Sharks About
  With a poor credit rating and not much money coming in, some people may feel that they will never be able to afford to spend on the items they want.
• Data Sharing
  Both lending institutions and industry observers are becoming increasingly enthusiastic over the growing trend to data sharing. Put simply, this is the practice of giving access to other lending institutions of all the information they hold on you.
• OFT for Consumers
  The OFT, or Office of Fair Trading is a one stop shop for consumers in the UK to find out all the information that they need to know in order to protect themselves and arm themselves with the most purchasing power.
• How Much Will Borrowing Cost You?
  There is a lot of talk about getting out of debt. Between mortgages, credit cards, cars, and education, it seems that everyone is borrowing from someone.
• No Status Loans For Everyone
  There are any number of reasons your credit rating may be non status. Perhaps you're self-employed with less than three years of accounts to show your history, or work on commission with a low base rate of pay - but marvelous commissions
• 10 Key Questions to Ask About Credit
  The Office of Fair Trade exists to make markets work for consumers. In their own words, markets work well for consumers when businesses are in open, fair and vigorous competition with each other
• Individual Voluntary Arrangements
  If you are significantly in debt, that is a figure upwards of twenty thousand pounds, chances are that you have considered filing bankruptcy. That is not your only option. You may have also heard of IVAs or Individual Voluntary Arrangements
• Reversing Bad Credit With A Secured Credit Card
  To quote a major UK lender in reference to bad credit, "There is always a way." If you're struggling your way back from a bout with financial problems and are trying to restore your credit to a credit-worthy rating, there are a number of avenues you can take.
• New lessons in money management
  Many of us will remember our parents’ financial advice to us, the most common of which was ‘don’t get into debt’. Unsurprisingly a large number of UK consumers are ignoring this; partly due to massive changes in not only attitudes to credit but also the financial markets themselves.