Expert Finance Predictions for 2010: Kevin Mountford, moneysupermarket.com
January 5th, 2010
Kevin Mountford, head of banking at price comparison website moneysupermarket.com, gives his personal finance predictions for 2010.
Continue reading "Expert Finance Predictions for 2010: Kevin Mountford, moneysupermarket.com" »
TXTLoan: Small, Quick Loans By Text Message (Just 994% APR)
December 1st, 2009
TXTLoan is offering loans of £100 which you’ll receive in to your bank account “within minutes”. The amount you’ll have to pay back is £110, which must be paid back within 7 days. Because of the short pay back period, the APR works out to be whopping 994%.
Continue reading "TXTLoan: Small, Quick Loans By Text Message (Just 994% APR)" »
Student Loans Getting Cheaper
January 21st, 2009
There’s some good news for graduates who have student loans taken out since 1998 – interest rates charged on the loans are dropping thanks to the recent Bank of England rate cuts.
Continue reading "Student Loans Getting Cheaper" »
Snowballing / Snowflaking Your Debts
May 5th, 2008
I recently came across the term snowflaking – a method for repaying your debts – which I’d never come across before, so I thought it, and the related snowballing method, warranted a little investigation.
To explain snowflaking we first need to understand the concept of snowballing …
Continue reading "Snowballing / Snowflaking Your Debts" »
Student Loans Get More Expensive: Should You Repay?
November 29th, 2007
We’ve discussed the decision to leave or pay off your student loans before, and although the answer generally used to be “it’s the cheapest debt you’ll ever get into, don’t repay it until you’re forced to”, things have changed recently.
The interest rate on student loans, which used to be …
Continue reading "Student Loans Get More Expensive: Should You Repay?" »
More on Repaying Your Student Loan
July 11th, 2007
Brad Ford made a great point on my previous post about whether to pay off your student loan or not:
Without factoring in risk, paying off the student loan is an easy decision. Unfortunately, life is not without risk. Two months after you pay down the loan, you absolutely
…
Continue reading "More on Repaying Your Student Loan" »
Student Loans: Pay or Delay?
July 10th, 2007
Like many, I left university with some debt. I’m probably one of the lucky ones though, as it wasn’t a huge amount, compared with the average figures that students are accumulating these days, plus all of my debt was in student loans – no overdrafts, credit cards etc.
I’ve been …
Continue reading "Student Loans: Pay or Delay?" »
Wonga: A new way to get small loans
July 1st, 2007
Wonga is a relatively new service which promises that it will give you access to “the fastest, most convenient and best value small loans available in the UK”.
With Wonga, you’re able to take out loans of between £200 and £1,000, …
Continue reading "Wonga: A new way to get small loans" »
Cutting Out The Loan Middleman: Zopa
April 20th, 2007
Simple Pound has a good write-up on how Zopa works which is worth a read.
Continue reading "Cutting Out The Loan Middleman: Zopa" »
We Don’t Trust Our Banks
April 17th, 2007
A recent survey by Fool.co.uk highlighted how we do not trust our banks with our money.
Continue reading "We Don’t Trust Our Banks" »
