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Is secured on your home. Rates depend on your circumstances; usually lower than an unsecured loan and often more flexible.

Not secured on your home. May not qualify you for the best rates. Applying to a number of lenders may affect your credit score.
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Based on your information we recommend you speak to a personal debt adviser.

They will offer you advice on:
  • Whether a loan is your best option
  • Consolidating your debts
  • Reducing the amount you owe
  • How to freeze your interest payments
  • Protecting you from creditors

 
 
 
 
 

 
 

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British debt culture


There is a debt culture in Britain that needs to be solved before the country gets back into shape, it has been claimed by the Conservative Party. George Osbourne, shadow chancellor, said that there is a "problem" and that people in the UK are "addicted" to debt, reports the Daily Express. He stated that the impact of the credit climate has meant that consumers are starting to realise the dangers of borrowing, possibly on credit cards. "We are seeing the consequences of that as the credit crunch hits and everyone is finding it more and more difficult with the rising cost of living," he commented at an awards ceremony. A number of individuals are responsible when borrowing, he suggested, but there is a minority that will be in trouble because of financial woes. This week, a survey from Scottish Widows found that British men compare themselves most to Ian Beale from the programme Eastenders as they are tight with money.

2008-07-03
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