Innovative new lenders and small banks plug the lending gap.

Posted on December 6, 2011 by The Moneybrain

I was pleased to read this morning that innovative new bank Shawbrook have announced that they are about to enter the short term lending market, better known as Bridging Loans, with a headline low interest rate of 0.7% per month. Continue reading →

Posted in Bankruptcy, Credit Cards, Debt, Finance, IVA, Loan, Mortgage, Pay Day Loans

Rip-off merchants who charge up front fees for loans.

Posted on December 6, 2011 by The Moneybrain

In recent months the Office of Fair Trading (OFT) have been clamping down on rogue credit brokers. In a worrying report, the OFT say that many hundreds of thousands of people have been hoodwinked into parting with £50 to £60 on the premise of obtaining a low interest rate loan that’s guaranteed to be granted if they pay the administration fee over the phone. Continue reading →

Posted in Bankruptcy, Credit Cards, Debt, Finance, IVA, Loan, Mortgage, Pay Day Loans

Why an IVA can save your home.

Posted on November 29, 2011 by The Moneybrain

One of the biggest worries for people that are struggling with their finances and considering the debt consolidation options available to them is maintaining the family home.

Posted in Bankruptcy, Credit Cards, Debt, Finance, IVA, Loan, Mortgage, Pay Day Loans

In plain english, the good news and the bad news from the Chancellor

Posted on November 29, 2011 by The Moneybrain

The Bad News

He admits Europe is heading into recession.
We will do whatever it takes to protect us from the fallout of Europe.
It may prove hard to avoid recession in the UK. (I would say we are already there).
We will be building roads and homes to build our infrastructure.
We will experience slower growth and borrow more as a nation.
Set public sector pay awards at an average of 1 per cent for each of the two years after the current pay freeze comes to an end.
Raise the State Pension age to 67 between April 2026 and April 2028
We will not increase the child element of the Child Tax Credit by more than inflation and not up-rate the couple and lone parent elements of the Working Tax Credit by inflation next year. Continue reading →

Posted in Bankruptcy, Conveyancing Services, Credit Cards, Debt, Finance, ISA, IVA, Legal Services, Life Assurance, Loan, Mortgage, Pay Day Loans, Pensions, Private Medical Insurance, Solar Panels, Utility Switching, Will Writing

Government attempts to kick start first time buyers.

Posted on November 22, 2011 by The Moneybrain

In a good news day from No 10 Downing St, the Government have finally outlined their BIG PUSH to get the property market moving.

Posted in Conveyancing Services, Credit Cards, Finance, Legal Services, Loan, Mortgage, Pay Day Loans

Can you borrow your way out of debt trouble?

Posted on November 22, 2011 by The Moneybrain

In the current economic climate you would think that to borrow or to take out finance is a sinful act.

Posted in Bankruptcy, Credit Cards, Debt, Finance, IVA, Loan, Mortgage, Pay Day Loans

Is it worth the hassle and costs of making a Will?

Posted on November 16, 2011 by The Moneybrain

Like everything we want to put off, I just hope we are not too late!

Posted in Bankruptcy, Conveyancing Services, Credit Cards, Debt, Finance, ISA, IVA, Legal Services, Life Assurance, Loan, Mortgage, Pensions, Private Medical Insurance, Will Writing

Bank’s computers keep saying no?

Posted on November 16, 2011 by The Moneybrain

Recently been turned down for credit? A question I get asked regularly is “what reason could it be?” There are so many reasons that I have decided to keep it down to the top 5.

Posted in Bankruptcy, Credit Cards, Debt, Finance, IVA, Loan, Mortgage, Pay Day Loans