Part of the Michael J Alexander Group
Please note the interest rate we can offer you may be different, depending on your personal circumstances and the credit assessment we carry out as part of your application. This loan calculator is for reference purposes only.
Friday 12th May 2006
High Street banks have strengthened their code of practice over fears that consumers are taking on too much debt
The murky £1bn world of loan protection insurance is under the spotlight again, with accusations of disturbing sales methods
One in five bankrupts is now under the age of 30 as student debt and the consumer spending splurge starts to bite
The glory days when 'rate tarts' could switch their borrowing between credit cards for free could soon be over
.: Personal Loan Articles
Read our collection of personal loan articles to help you understand them more. These articles are a guide and will help you decide on the right loan, how to calculate how much you can afford to borrow and more.
What are personal loans, what history remains behind personal loans and other information
This article will help you to decide how much you should borrow
What loan is right for you, article information will help you decide
The pitfalls in personal loans, in depth information
Should you choose a personal loan or mortgages
What is a credit check and will the scoring effect me
Advantages of a bad credit loan
Having a bad credit loan does have certain advantages
Benefits of a secured personal loan
See just what benefits remain with a secured personal loan
UK Unsecured Personal Loans Specialists
Site Updates: Monday 5th June 2006
Site Last Updated: 02/06/2006
Ó www.apersonalloan4you.co.uk - Specialists in Uk personal loan services
IMPORTANT
The actual rate you will pay depends on a credit assessment of your personal circumstances. All figures quoted for Payment Protection include Insurance Premium Tax at the rate applicable on the date published. Any change will affect premiums payable.
TIME was when we had little choice if we needed to arrange a loan. The first port of call was typically the High Street bank, or local building society. We would then have to rely upon the dexterity of the manager - and of course a decent credit record showing that we were a good risk when it came to repaying money borrowed.
The amounts we could borrow were restricted, and even up to just a decade or so ago, going cap in hand for sums above £10,000 was virtually unheard of. Today however the situation is radically different. As a nation we collectively owe in the region of one trillion pounds - yes, one trillion - comprised for the most part of mortgage, credit/store cards and personal loans.
One of the reasons for this massive uplift in debt is the easy availability of money. Whereas we used to be limited to the High Street when wanting to borrow significant sums to buy a car, say, or maybe to help finance other major projects, in 2006 there are endless avenues open to us.
Along with the High Street lenders - some of which offer the most competitive rates available in today's competitive market - we can now log onto the Internet to source a personal loan, or pick up the telephone to arrange an in-principle loan via a finance company in a matter of minutes.
As a financial adviser we can point you in the right direction for the best deals to meet your needs. There is a bewildering choice, and not all of them will be right for you.
For example, some loans impose hefty penalties should you want to pay them off earlier than the agreed borrowing period. The golden rule is always to read the small print before signing for a loan.
