Just over ten years on from the collapse of Northern Rock, the chaos and financial crisis that followed will never be forgotten. In order to prevent a repeat incident there was a big clampdown on risky banking practices and improvement of lenders’ reserves. Lending has changed in many ways due […]
Search Results for "payday lending"
The concept of consumer borrowing has been a hot topic since the Great Recession, particularly as irresponsible lending was considered to be one of the prime triggers of the sub-prime mortgage collapse in the US. We have seen the levels of consumer confidence and borrowing rise gradually as the global […]
Being cash-strapped could be a tough situation to escape from. Such a situation becomes even more troublesome thinking that the next payday is just a few days away, but one has to deal with a sudden financial emergency. It could be a relative or a loved one who was involved […]
Ever since payday cash loans have become popular in Australia, it has helped countless workers. Because of its simple and seamless nature, these loans are the go-to solution for workers who become short in budget while waiting for the next pay check to come. Although not perfect, these loans are […]
Would you rather buy an avocado toast or a house? Well, depending on whom to ask. Millennials are more likely to choose avocado toast as the house is too expensive. However, this is not always the case. The avocado toast fight between Millennials and Baby Boomers has started after a […]
Six years after the start of the financial crisis and despite four years of continued economic growth, the credit market in the UK remains throttled. The major banks and other mainstream lenders continue to restrict the amount of money being lent out and it is often younger people who find […]
The results of the 2nd annual customer survey have just been released by online loan company Wonga South Africa. It's an exercise Wonga began here in South Africa 2 years ago, and one that new CEO Brett Van Aswegen intends to continue. Given the climate of the payday loan industry […]
Research Shows Free Money Advice Cuts Debt, Reduces Mental Health Issues and Makes People Sleep Better!
Lots of charities offer free money advice. Government supported charities and the CAB are all agencies that currently offer these services for free within the UK, but how useful are these services really? Do they tell you stuff you already know? Or are they really helpful? This blog focuses on […]