Taking out a personal loan can be a useful financial tool for many individuals, offering a lump sum of money that can be used for various purposes. However, like any financial decision, there are both advantages and disadvantages to consider before applying for a personal loan. In this article, we’ll explore the pros and cons […]
A student loan is basically a form of unsecured loan designed to assist students to pay for college education and all the related fees, including living expenses, books and other supplies, and other educational expenses. In the US, most students receive grants or scholarships to assist them in paying for their education. However, many students […]
With many university fees at £9,000 a year, higher education in the UK can be a frightening financial prospect. It is all too easy to build up huge debts when you are still young and learning your way through life; the average student debt in the UK currently stands at £26,000. So, how can you […]
BORROWERS could pay as little as 3.8% in interest for a personal loan in the coming weeks, as rates continue to improve. Last week Sainsbury’s bank announced a new deal of 3.9% APR over three years for those borrowing between £7,500 and £15,000. This followed HSBC’s launch the previous week of a 3.9% deal for […]
Increasing competition is driving growth in the personal loan market, but borrowers are being warned that they may not qualify for the low interest rates that are being advertised.