Personal Loans News

In order to do battle with the problems associated with harassing debt collectors and debt collection companies, the Fair Debt Collection Practices Act (also known as the FDCPA) was designed. The laws and regulations legislated by the Fair Debt Collection Practices Act not only shield consumers, but they also aid debt collection agencies as well by encouraging them to operate in a serious and professional manner when engaging in communication with supposed debtors.

Alright boys and girls you are staring foreclosure right in the face and now you need some practical mortgage foreclosure solutions to help you keep your happy home and make sure your lovely wife doesnt leave you for the mailman.

While many consumers may be feeling the squeeze during this difficult economic period, Money Facts has warned that they may find their finances constricted further as lenders batten down the hatches.

Key indicators suggest that the UK is on the brink of a recession, Bank of England governor Mervyn King has warned.

The Financial Services Authority (FSA) has fined a mortgage lender 1.12 million pounds after offering loans with attached clauses that sometimes left customers paying more interest on their mortgages.

It is important for those who have made monetary mistakes to learn their lessons.

Britons are experiencing an increase in the varying demands on their finances.

Instances of a certain type of fraud have increased by 157 per cent during the first six months of this year, Cifas has stated.

A new stunt designed to illustrate the extent of many Briton’s unwillingness to improve their financial situation has shown very few consumers on the streets of London and Manchester were willing to capitalise on the offer of a free five pound note.

Although the Bank of England’s monetary policy committee has cut the base rate of interest three times already this year, the average rates for unsecured personal loans continues to increase.