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How much would you like to borrow?	Over how many years?

Purpose of loan?	Current residential status?

What is your monthly income? (including any benefits)	Your employment status?

You qualify for two types of loan. Select either:

	Homeowner Loan Is secured on your home. Rates depend on your circumstances; usually lower than an unsecured loan and often more flexible.
	Unsecured Loan Not secured on your home. May not qualify you for the best rates. Applying to a number of lenders may affect your credit score.

Estimated value of your property?

Your current mortgage balance?

Where will you buy your car?

What is the total value of money you owe to companies?

Do you owe money to 3 or more companies?

YesNo

What is your monthly rent/mortgage payment?

Your living arrangements?

Your date of birth?

Do you have adverse credit?
(if yes, we can still help)

YesNo

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

First name:	Last name:

Phone number:	Alternate phone number:

E-mail address:


First line of current address:	Current postcode:

Based on your requirements we have selected the FSA regulated broker Broker Name to help you with your enquiry. Please click 'Search' to confirm that you are happy for them to contact you by telephone/e-mail.

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Loan rates rise despite base cuts

Average interest rates on unsecured loans of £5,000 and £7,500 have risen by as much as one per cent over the last six months, new research from MoneyExpert.com has found.

The rate increases have come despite the Bank of England trying to give lenders confidence in the market by cutting rates three times over the same period.

Sean Gardner, founder of the website, said: "The unsecured loans market is almost mirroring the mortgage market where the issue is not so much rates but availability - whether or not lenders will let you have the cash."

He commented that people with good credit records can still find competitive deals, but he advised them to do their research before applying for a loan.

According to the research, the company with the highest interest rates for a loan of £5,000 was Citi Financial Loan, with 29.9 per cent.

In related news, Mervyn King, governor of the Bank of England, recently commented that as consumer inflation continues to rise, "the nice decade is behind us".

2008-04-10