Can I remortgage in the credit crunch?

29 October 2008
Today, you might think remortgaging in a credit crunch would be harder - and you`d be right. But even though house prices are dropping and mortgages are less available, many thousands of people are still remortgaging... read more »

Fewer car buyers looking for brand new cars

The latest Car Purchase Index from AA Personal Loans has suggested that car buyers are now two thirds more likely to buy a second-hand or ex-demonstration car than a brand new vehicle.... read more »

`Pro-debt` view of ministers contributed to recession

12 March 2009
The chief executive of the FSA (Financial Services Authority), Hector Sants, has criticised the Government`s actions in recent years.... read more »

Almost three quarters of Brits `cutting back on car costs`

8 April 2009
70% of Britons are taking steps to reduce their motoring costs, according to a new report from Saga.... read more »

Mortgages, house prices & homeowners

22 September 2008
Whatever you may hear, falling house prices aren’t necessarily terrible news for all homeowners. ... read more »

Loans: Bank of England warns more cash may be needed

18 May 2009
Bank of England Governor Mervyn King has suggested that banks may yet require further funding to persuade them to start offering loans freely once again.... read more »

Debt concerns `may delay retirement`

26 May 2009
Almost two thirds of over-50s say they may need to delay their retirement because their savings and pensions have been affected by the recession, according to a new survey.... read more »

Cancelling insurance `could lead to debt problems`

10 June 2009
The Association of British Insurers (ABI) has found that almost one in four people have admitted to either cancelling or not renewing their contents insurance in an attempt to save money.... read more »

Retail sales down as debt worries continue

19 June 2009
UK retail sales unexpectedly fell in May, compared with the previous month, according to the latest figures from the Office for National Statistics (ONS).... read more »

Bradford: Yorkshire`s `debt capital`

9 July 2009
Bradford has been named Yorkshire`s `debt capital`, with over a quarter of all enquiries about financial worries coming from the area, according to The Telegraph & Argus.... read more »

How to get a loan in the credit crunch

26 August 2009
Over the past two years or so, borrowing money - whether it`s a personal loan or a mortgage - has been a lot more difficult than it has been in recent years.... read more »

Getting credit in a credit crunch

2 June 2008

In a credit crunch, getting approved for credit isn’t easy. Lenders are being very careful about lending money, partly because they’re finding it hard to borrow from other financial institutions.

Today, in the middle of this credit crunch (also called a ‘lending squeeze’) many people are finding they can’t get approved for a mortgage, a loan or a credit card. Of course, getting approved is – and always was – easier for some people than for others…

Loans: credit crunch `has ended`

22 May 2009
Economists have suggested that the `credit crunch` has come to an end, according to The Times, after the LIBOR (London Inter-Bank Offered Rate) fell to record lows.... read more »

Small Scottish firms `relying on credit cards`

22 July 2010
A third of Scotland`s small and medium companies are relying on credit cards to carry out their business.... read more »