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 […]
Tag: Lending
How to Avoid the Student Loan Trap in 3 Simple Steps
If there is one economic issue that remains perennially controversial in modern society, it is the cost of tuition and steadily the rising level of student debt. According to recent statistics, student loan debt rose by a staggering £12.6 billion last year, which represented an increase of 17% year-on-year. This […]
The Importance of Recognising Danger: 3 Common Business Issues that Ultimately Lead to Insolvency
In generic job interview terms, problem solving is almost always listed as one of the key professional skills. This makes perfect sense on some levels, as individuals with the capacity for analytical thought and composure under pressure are well placed to thrive within the business environment and evolve into senior […]