Personal debt (of which a substantial amount is credit card and unsecured loans) in the UK stood at a staggering £1,457 billion at the end of January 2010 and someone, somewhere, is declared bankrupt or insolvent every five minutes. These cold statistics dont even touch on the full story or identifying the real casualties of debt.
All the latest research shows that being in debt can dramatically affect family life. (more…)
A credit report is basically a consolidated account of your previous financial borrowings and repayments. Every time you borrow, pay or delay, the details are added to your credit report. Lenders use it as a barometer of how likely you are to pay back any money lent to you. (more…)
Here’s the best option when it comes to credit card debt: If you can’t pay off the balance of your credit card debt in full each month, you should not use the card.
Seem a bit harsh? What is harsh is carrying debt at interest rates of 20% or higher. (more…)
Many people already in debt hve splashed out over the festive season more than they should. It is of course understandable as people have been pulling in their belts for almost three years now, and felt they needed some luxuries over Christmas. With Xmas and New Year now over many are now waking up to the reality of being in debt and realize that they now have to seek debt advice to obtain a way to solve their debt problems. There are companies who offer debt advice such as Champion Finance who have many very good debt solutions available to help those in debt become debt free again. Debt solutions to help those with debt problems get rid of debt are debt consolidation, debt management or in more serious cses Trust Deeds can all be arranged.
Experts predict that remortgages and mortgages will be well down on their 2006 levels during 2010. It is to be hoped that these predictions are wrong as it would alao mean that the property market would be in a state of stagnation. The prediction regarding remortgages and mortgages is to a large exten t based on the fact that mortgage lending which includes both mortgages and remortgages fell by about one billion pounds from November 2008 compared to November 2009
At a time in the year when many people are stting by the fire side sleeping off the excesses of Christmas day having over indulged on turkey and Xmas spirit in the shape of Whisky, Brandy, Champagne, etc. Champion Finance has been working virtually non stop taking remortgage enquiries for clients seeking better remortgage interest rates or wanting to raise capital for debt consolidation. Let us hope that the increase in business continues and that 2010 will see an upsurge in remortgages, mortgages and secured loans. In addition to arranging mortgages, remortgages and homeowner loans Champion Finance also arrange debt advice and debt help to offer debt solutions to help their clients become debt free. Debt consolidation by means of consolidation loans are available in addition to debt managenment and Trust Deeds.
Champion Finance subscribe to the theory that customers always come first and with this in mind they will only be closed on Christmas Day And Boxing Day and thereafter will be open to arrange your secured loan, remortgage and mortgage enquiries.Debt help and debt advice whether in the form of debt consolidation, debt management , etc. are also available over the festive period. You can eir=ther phone 0800833396 or apply online at http://www.championfinance.com.
Champion Finance fully expects to see an upsurge in enquiries for debt advice and debt help of all kinds at the start of 2010 as the credit crunch continues to bite. Champion Finance who has been established since 1985 offer sympathetic debt advice and can offer a number of debt solutions to suit an individual’s need to make them debt free as soon as possible. Sometimes especially for homeowners debt consolidation in the shape of a consolidation loan can be the best debt solution, and at other times debt management may be the best way to achieve the best available debt relief.
Nomally by this time of year mortgages, remortgages, secured loan and debt advice enquiries really take a dip. However with only three days to go till Christmas day Champion Finance are still receiving enquiries. Unusually for this festive season these enquiries are not from homeowners making a vague enquiry especially for remortgages that they only want to pursue after New Year but are instead concrete enquiries that our clients want us to deal with before Christmas. This should put Champion Fiance in a strong position at the start of 2010 when remortgages, secured loans, and mortgages being applied for now will pay out in January. We also fully expect a surge of enquiries for debt advice and debt help at the start of next year.
Champion Finance are one of the longest established secured loan brokers n the UK, if not in fact THE longest established. They have been arranging secured loans for over a quarter of a century and have an excellent reputation for arranging homeowner loans in a friendly efficient manner. Secured loans can be used for almost any legitimate purpose including for debt consolidation.More recently they ventured into arranging remortgages and mortgages from the entire mortgage market, and offer the same professional service as they offer on the homeowner loan side of the business. Now also debt help and debt advice are available, and debt relief plans including debt management are being offered in the most sympathetic fashion. As Champion Finance offer all kinds of financial products there is no need for anyone to look elsewhere wheher they require a secured loan, a mortgage, a remortgage or a means to find debt solutions.