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Secured Loan for Home Improvements

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A secured loan is usually secured against the value of your home. So, one of the best ways to get together some cash for home improvements is to take out a secured loan against the home you are planning to improve.
By improving the home, you should be adding value to it – the lender will be reassured by this fact so there is usually little to stand in the way of being granted a home improvement loan.

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May 31, 2008 at 12:55 pm | Secured Loan | No comment

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Bankruptcy is Not An Escape

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Some people think that declaring themselves bankrupt is a great fall-back plan whilst they carelessly continue running up unmanageable levels of debt.
There’s nothing great about it, so don’t be fooled. You stand to lose EVERYTHING other than what you are wearing, and some of that too.
It’s far less traumatic to face up to your situation as early as possible and seek help from a personal loan adviser. They will often arrange a debt consolidation loan, which can be a real lifeline to help you overcome your seemingly impossible situation.
Don’t fool yourself – get help and sort it out before you risk losing everything you own.

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May 29, 2008 at 3:56 pm | Debt Consolidation | No comment

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Bridging Loans’s Diary

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I saw some really nice shoes I wanted to buy today. Only thing was, I couldn’t afford to buy them until I’d sold the ones I bought last week. I was confident Sandra would buy them, but I hadn’t actually made the sale.
Luckily, I managed to arrange a sort of bridging loan with Trisha – she was kind enough to lend me the money to buy the new shoes until I could sell the old shoes and pay her back. Fantastic, I thought.

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May 28, 2008 at 4:34 pm | Bridging Finance | No comment

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Debt Consolidation Boy Band

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A debt consolidation company is reportedly behind the creation of a new boy band, called “ConSolid8″.

ConSolid8 consists of 8 members, aged between 17 and 23, who have been hand-picked for the group in a ‘Pop Idol’ style auditioning process.
A spokesperson for the consolidation loan company, who is not prepared to be named at this stage, said: “The idea is to reach out to young people, who are becoming increasingly in need of debt help. We want to make them aware of the options out there, as it is no longer the case that most people are in their thirties before they get into financial problems and need to seek debt consolidation“.
The band is due to be unveiled some time later this year.

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May 26, 2008 at 8:22 am | Debt Consolidation | No comment

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What’s a Bridging Loan, Then?

People often ask me, “Just what is a bridging loan, then?”
No, really they do. In fairness, it’s usually when I’m wearing my T-shirt that says on it “Ask me what a bridging loan is”, so you’ll see it’s not actually that unusual.
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I always respond by saying:
“A bridging loan, often referred to as ‘bridging finance’, is simply a no-nonsense loan taken out to bridge the financial gap between the sale of an existing property and the purchase of new one.”
People go home more knowledgeable than they were that morning, and I go home feeling happy because my choice of T-shirt afforded me another chance to give a little bit back to the world. Everyone’s a winner.

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May 24, 2008 at 10:39 am | Bridging Finance | No comment

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