Archive for January, 2012

More People Seeking Help For Debt

According to a new survey, more people than ever before are looking to get free advice regarding their debt. The stats published in The Telegraph this week showed that in 2011, around 1.5 million Britons sought free debt advice, up from 1.4 million in 2010. The survey, which was conducted by the Money Advice Trust, [...]

Parents Helping Kids Get Mortgage Loans

In these days of economic uncertainty, many potential homebuyers are asking their parents for help. Today buyers are facing the most stringent lending standards in decades as well as a shaky job market. They are often in need of a good chunk of change in order to qualify for a home purchase. According to a [...]

When interest rates were eighteen percent

Talking to some older folk over the last week about times when interest rates were around eighteen percent and I am reliably told that there are many watching with almost amusement at the goings on in relation to the continued will they/won’t they pass that rate cut onto borrowers guessing game. Because it was back in [...]