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Adam Singleton's Articles in Credit

  • Britons lend £26bn to friends and family
    UK consumers have lent their friends and family an estimated £26 billion over the past year, but despite the good intentions these friendly loans can cause family feuds.
  • A merry Christmas and a skint New Year? Time to think again
    The meaning of Christmas is changing, with stress, overspending, debt and other worries including ethical concerns at the forefront of many people’s minds. Being sensible with cash and considering what you really want can save money and woe.
  • Making that switch: finding the best credit card
    In the same way as someone might compare prices between two high-street retailers for the same product in order to secure the cheapest price, it is now just as easy to compare credit card deals between different financial institutions. And with the average UK household debt now higher than ever, it would seem that switching cards has never been more prudent.
  • Debt consolidation loan on borrowed time?
    New powers extended to the OFT could sound the death knell for the Debt Consolidation Loan; the key will be how strictly the legislator interprets the amendments to the Consumer Credit Act.
  • Equity release schemes more widely available
    Going against the current market trend equity release lenders are easing their lending restrictions by including younger people in their lending criteria, and providing a route to lending that might have been denied certain borrowers.
  • Cash-strapped students offered baked bean loans
    In a bid to alleviate financial pressure, a baked bean producer has offered to help out students by supplying them with beans for their university years - although a bank loan might be the better option.
  • Can You Afford What You Want To Borrow?
    If you are considering getting a loan, it’s important to work out the figures before you make the leap.
  • Credit cards used to pay housing costs
    Recent research from leading UK housing charity Shelter has exposed that almost one million people are paying their mortgage or rent with high-interest credit cards, in a strategy that could pave the road to ruin for the card-holder.
  • Some debt solutions proving harder to get
    There is currently a dispute between the Insolvency industry and the banks concerning the granting of IVAs. But, against the backdrop of claim and counter-claim by the two parties, over-stretched borrowers are finding the going tough.
  • What does your credit card say about you?
    An American financial company recently surveyed credit card users and found that the type and design of the credit card in their wallet is not as important as the benefits they offer or the interest rate applied.
  • Looking for a loan? You're not alone.
    If you need to borrow some money, a personal loan may be the best option, and avoids risking your home or car.

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