January 12th, 2012
Payday loan company Wonga caused quite a stir this afternoon when we were made aware of an article on their site which appeared to suggest they were actively targeting students to take out their loans.
Continue reading "Payday Loans For Students? OMG!" »
December 15th, 2011
The Student Loans Company has taken the unusual step of telephoning some of its customers to warn them they may be the victim of fraud.
Continue reading "Student Loans Company Fraud Phone Calls" »
September 19th, 2011
The BBC has designed a simple calculator to give students repaying loans under the new system an idea of how much it may cost them to pay off their student loans.
Continue reading "Student Loan Calculator" »
August 15th, 2011
According to GigaOM, short-term lender Wonga might be in the early stages of planning to launch on the stock market.
Continue reading "Wonga To Float On Stock Market?" »
November 30th, 2010
A brief look at the emerging industry of peer-to-peer lending in the UK
Continue reading "Peer-To-Peer Lending In The UK" »
November 3rd, 2010
lendwithcare.org offers an alternative to traditional charity, giving microloans to businesses in developing countries to help people out of poverty.
Continue reading "lendwithcare.org: Microloans To Help People Out Of Poverty" »
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" »
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)" »
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" »
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 your debts, where snowflaking …
Continue reading "Snowballing / Snowflaking Your Debts" »