Student Loan Consolidation Info - Managing Your Money While You Are Getting Your Education

Managing your money now, while in school, will help you to lessen the amount you will have to borrow making the amount you have to pay back mush less as well. If you can spend some time now learning to handle your money now, you will be better off throughout your whole life.

Developing a realistic budget for the time while you are in school and also for after graduation. This will keep you from borrowing more than you need to finance your education. The less you borrow for your education the less you will have to pay back giving you a more secure financial future.

Learn to cut down on your living expenses and get them to the bare minimum. You are a student right now and will be able to afford a much nicer lifestyle after your career has started, but for now try to cut corners everywhere you can. Think about getting a roommate to cut your rent and other living expenses in half. Next time you want to see a movie think about the cost to rent one verses the cost to actually go to the movie theater. Pack your lunch whenever you can instead of eating out. This alone can save you a lot of money every week that you could be using toward your student debt load. Always try to be as thrifty as you can when it comes to spending money.

If you use a credit card for purchases, try to pay the balance in full each month as this will save you money in the long run because you won't have any interest charges added to your original amount charged.

The best way to manage your money is by establishing a budget and sticking with it. Always try to resist the urge of using a credit card or your student loan funds to pay for items that fall within your budget. Think about your purchases to make sure the item is something you really need before spending anything on it.

Try to work part-time while attending school to help pay for your daily expenses. Some courses of study offer a work-study program that allows you to study and get professional experience all the while earning the money you will need for the day to day things that come up.

Also try to remain enrolled in school for at least the minimum amount of time required to qualify for the deferment of your student loan whilst you are in school, this will free up money you can use for daily living expenses.

Ian Wilkie is a published expert author of many Student Loan Consolidation Informationis articles and owner of - http://www.mystudentloanconsolidationinformation.com your one-stop online resource for Student Loan Consolidation Info.

People 'Under Rising Financial Pressures'

About a quarter of Britons are struggling to keep up with repayments on mortgages and other debts, new research indicates.

A study carried out by KPMG reveals that 22 per cent of consumers - about seven million individuals - are developing problems with handling demands on their finances. In addition, it was indicated that over a fifth (22 per cent) of people are looking to borrow money to supplement their day-to-day living costs. Such consumers, the company revealed, are making use of loans and other types of credit to pay household bills, food costs and mortgage payments. It was also suggested some 11 million people believe that they are going to come under more pressure to keep up with repayments as the year progresses.

One way consumers may find that allows them to keep up with payments on various financial demands, however, is to take out a low-rate loan for debt consolidation purposes.

Research from the firm also revealed that about half of those surveyed believe that the social stigma attached to debt has decreased during the past decade. Meanwhile, an estimated 42 per cent claim that such a perception has fallen over the last five years, with about a quarter pointing towards a drop taking place in the last 12 months. Furthermore, just under half (48 per cent) of 18 to 24-year-olds who are between 10,000 pounds and 19,999 pounds in the red are happy to discuss debt with their friends. Conversely, less than a fifth of those over the age of 55 owing between 2,500 pounds and 4,999 pounds are willing to have such conversations with their peers.

Steve Treharne, partner and personal insolvency practitioner at KPMG, said: "Those people who have been robbing Peter to pay Paul, transferring balances from card to card, remortgaging and taking equity out of their property to pay off spiralling debt are fast running out of options. The credit crunch is already seeing credit card companies reducing limits and increasing their rejection rates for new customers.

"People who previously had access to competitive mortgage deals, despite being late with a couple of payments, are going to find it very difficult to find a deal. Combine all of this with increasing energy, council tax bills and petrol prices and you can see why we are predicting a record 130,000 personal insolvencies this year."

The KPMG partner went on to claim that as pressures on the over-indebted increase many may find their home will be repossessed as the "final straw". He added that in an attempt to avoid this happening consumers are looking towards the various methods of filing for insolvency, such as bankruptcy or an individual voluntary arrangement.

However, for those who have struggled with money in the past and are looking to avoid damage to a credit report that insolvency can bring a bad credit loan may prove to be of assistance. Earlier this year, a study by the Alliance Trust Research Centre revealed that Britain's financial wellbeing dropped by ten per cent between the third and fourth quarters of 2007 to reach 79.7. One of the lowest scores ever recorded, the institution claimed this was due to consumers struggling with increasing transport and food costs and facing a higher burden of debt than in previous years.

For such consumers a poor credit loan could provide financial assistance and help them get back on their feet quickly.

Mark Dawson writes for the Loan Arrangers. Where visitors can compare UK loans online, and apply for the lowest rate secured loans available to them. To read more articles from Mark go to http://news.loan-arrangers.co.uk

Those With Financial Concerns 'Should Take Action Now'

An increasing number of Britons are worried about their capacity to manage their money, new research shows.

In the Debt Index study carried out by MoneyExpert, it was revealed that 3.04 million consumers are currently extremely worried regarding their ability to control their finances. Overall, some one in three (33 per cent) adults who are in some form of personal debt are either "concerned" or "very concerned" about how they will manage with making repayments. The firm indicated that such debts may include UK personal loans, credit cards and mortgages, with the increase in money management concerns largely being attributed to the impact of spending over the festive period.

Findings from MoneyExpert also showed that cheap personal loans are becoming increasingly popular among Britons. During the last three months the proportion of consumers with such a loan has gone up by one percentage point to 28 per cent. Uptake of overdrafts was also indicated as rising.

Research from the firm additionally showed that 27 per cent of those with debts have gone on to increase the amount by which they are in the red during the last three months. Meanwhile, 2.03 million have seen their indebtedness rise by at least by 20 per cent during this period of time.

On the other hand, the number of Britons who are not worried about their debts was indicated as staying stable. Currently some 12.7 million consumers do not have concerns about their capacity to make repayments on loans, mortgages and other borrowing constraints, about the same number recorded three months ago. Meanwhile, just over a quarter (26 per cent) of people have reduced their levels of indebtedness.

Sean Gardner, chief executive of the firm, said: "The fact that one in three people who owe money are concerned or very concerned about their ability to manage their debts is worrying. The interest rate cuts in December 2007 and this month will help but it remains the case that borrowers have to take action themselves. The Christmas spending spree has undoubtedly had an effect and many who have increased their borrowing will probably clear their debts in the next few months. Anyone who is worried that they are struggling to keep on top of their debts is heading for serious trouble if they do not take action now."

The chief executive went on to claim that it is important consumers face any financial difficulties head on. He pointed out that transferring debts to more cost-effective products or taking out a UK consolidation loan were just two ways in which people can get to grips with money management concerns.

Indeed taking out a loan for the purposes of debt consolidation could be an effective way for many Britons to sort out their finances. By applying for a debt consolidation loan, borrowers may be able to merge numerous demands on their spending into a single low-cost repayment. This type of loan may be of particular help for those who have kept money difficulties concealed but are now looking to be open about such problems. Earlier this month, a spokesperson from the Consumer Credit Counselling Service stated that by being honest about difficulties with debt could be the first step for people to get into a more manageable financial position.

Tom Dawson writes for Essentially Home Loans where visitors can apply for cheap secured loans online, we also specialise in poor credit loans, and tenant loans for UK residents. Visit Today: http://www.essentiallyhomeloans.co.uk

Care Costs 'Are Big Financial Burdens' For Brits

The expense of keeping an elderly relative in care is on track to rise dramatically, according to recently-released figures.

According to a study released by Saga, it was claimed the typical cost of a four-year stay in a care facility is set to approximately double over the next 20 years. Currently standing at 112,312 pounds such fees are to hit at 223,476 pounds in two decade's time. The increase was attributed to inflationary rises - which are at a current rate of 2.5 per cent - and fees of care home, going up by 3.5 per cent.

For those consumers who are already struggling with their finances, such an increase in care costs could put pressure on their capacity to manage other demands on their spending. Such areas may well include personal loan repayments, credit and store cards, utility bills and mortgage costs.

The organisation went on to point out that paying for care may be the "biggest financial burden" many Britons face. Putting the figures into context, it stated that the average property currently costs 181,810 pounds - the equivalent of three years' care for a couple.

It was also claimed that many of those who are paying for the care of a loved one do not seek guidance from qualified financial advisers. As a result, the firm suggested that an unawareness of the various options which are available to them, such as state benefits, could result in "devastating" consequences should their relatives have to move out of a home that they feel settled in due to a lack of money to pay for care fees.

Commenting on the figures, Andrew Goodsell, chief executive of the Saga Group, stated: "Those faced with funding care now will already know the extent of that financial burden, however preparing for the future cost of care is an issue few people want to consider. With the cost of funding care expected to consistently increase above inflation, it's critical that those already paying for care, or those planning for the future ensure they take advice from a fully qualified adviser."

In addition, it was claimed that life expectancy levels are increasing, with the average 60-year-old woman expected to live for another 29 years. Meanwhile, a man of this age is set to be alive for a further 26 years. At the moment just under a fifth (17 per cent) of those over the age of 85 are in need of long-term care, although it was suggested that more consumers may require such support in the future.

Britons looking for a competitive way to fund keeping an elderly relative in a care home facility may wish to consider taking out a UK personal loan. By taking out this type of loan it is possible for borrowers to meet the expense for looking after a loved one quickly and effectively, leaving them with affordable low-rate monthly repayments to make.

A cheap personal loan may also be of assistance for consumers looking to get their finances back on track, although it may be advisable for prospective borrowers to be honest about their intentions. Earlier this year, research carried out by Abbey Loans indicated that 1.35 UK loans have been taken out in secret. Worth a total of 7.7 billion pounds, the average loan was indicated as standing at 5,720 pounds per person. Over half of such borrowers were shown to be using a loan to consolidate their debts.

Abbi Rouse writes for All About Loans where visitors can apply for a loan online and also focuses on adverse credit loans , and loans for consolidating debts for UK Homeowners. Visit today http://www.allaboutloans.co.uk

Financial Rethink 'Could Help With Money Management'

More consumers are looking to get to grips with their finances, a new study reveals.

Research conducted by Friends Provident indicates that a third of Britons are aiming to reanalyse their fiscal standing. It was suggested that the continued effects of the global credit crunch are pushing more individuals to see if they will be able to save money by switching to more cost-effective financial products. By revaluating the monetary offers and deals they have, some 75 per cent of people think that they can save money. Out of these respondents more than a fifth (23 per cent) state they could be more than 500 pounds better off. Findings from the firm also showed that 13 per cent of people are to cut up their credit cards to help get to grips with spending.

For those consumers looking for an effective way to handle plastic card debts and other financial demands, however, a low-rate loan for the purposes of debt consolidation may prove to be of assistance.

Meanwhile, creating a budget was revealed to be the main objective of those wanting to sort out their money management. Such consumers account for 41 per cent of people questioned. In addition, one in ten will be on the lookout for a job offering a higher rate of pay. The study also indicated that 14 per cent of consumers will spend less time and money on socialising and their hobbies in an attempt to reduce their expenditure.

Commenting on the figures, James Ward, director of marketing at Friends Provident, said: "The credit crunch is already impacting on consumers, both financially and psychologically. Our research found that 40 per cent of people are worrying more about their finances because of the credit crunch. The trick is to harness this heightened awareness and to do something positive, like overhauling your finances, budgeting effectively and investing your money in a way that makes it work smarter for your needs."

In an attempt to get to grips with their spending, the firm revealed that 7.5 million Britons will look to borrow money from a friend or family member. However, it was suggested that this may not be advisable, as 85 per cent of people state that lending cash to or from a loved one can put a strain on relations. They study also showed that 28 per cent of consumers never saw the money again which they gave out.

As such, getting a personal loan from a reputable financial services provider may help those concerned about their money management avoid falling out with their loved ones.

Whether they are looking to reduce their levels of debt or finance home improvement plans, applying for a loan may be of assistance to many Britons. However, before taking out such a product, it is advisable that consumers should make sure that they are getting a competitive rate of interest on their borrowing. Speaking last month, Cesarina Holm-Kander, financial columnist and Channel 4 television presenter, claimed that people should be proactive in ensuring that they are receiving the best possible monetary offers possible. She stated by sticking with uncompetitive deals, the typical household is wasting 5,000 pounds every year.

Steve Smith writes for 1 stop finance shop where visitors can apply for cheap secured loans and also focuses on quick personal loans and poor credit loans for UK residents. Visit today http://www.1stopfinanceshopuk.biz/

Homeowners 'Must Be Active In Avoiding Monetary Pressures'

Homeowners need to take steps to reduce pressure on their finances, an industry expert reports.

Pointing towards the Bank of England's recently released inflation report, David Kuo, head of personal finance at the Motley Fool, claims that the institution's warning that credit conditions are set to tighten "should set alarms ringing". And although many vulnerable first-time buyers, particularly those on interest-only mortgages, might wish to "hit the snooze button", they were urged should take the time to act now before they come under unmanageable monetary strain.

Citing a recent study by the Council of Mortgage Lenders, Mr Kuo pointed out that just over a quarter (28 per cent) of home loans taken out by those making their first steps on the property ladder during 2006 were interest-only mortgages. Such a figure, he claimed, is double the number of such products chosen in 2002. In addition, it was revealed that levels of first-time buyers applying for repayment mortgages fell from 88 per cent to 67 per cent in the five years leading up to 2006.

Those looking to get to grips with their finances, however, might wish to consider applying for a cheap low-rate loan now to help supplement their spending.

Commenting on the figures, he said: "The shift to interest-only mortgages is not unexpected, given the increasingly onerous cost of buying a first home. However, first-time buyers who have made this choice should try to reduce the size of their loan quickly. In future, lenders may tighten the credit-scoring criteria and choose to reduce the maximum loan-to-value. This will put borrowers who have taken out 90 per cent mortgages at risk, especially if the value of their homes decline sharply when they remortgage."

Mr Kuo added that one way in which homeowners could lessen the fiscal pressures which they come under in the months and years to come is to make extra payments on their mortgage now. It was suggested that the majority of money lenders will allow their customers, even ones with interest-only mortgages, to make overpayments. He pointed out that every time homeowners contribute 1,000 pounds above the minimum requirements, they will not only reduce their loan payments by this amount but will cut the amount of interest payable over a 25-year period by some 1,500 pounds.

Homeowners concerned about their capacity to make mortgage payments, however, may wish to take out a cheap loan now before credit conditions worsen further. Although this may represent an additional demand on their finances, by using a loan for consolidation purposes borrowers may be able to pay off a number of spending commitments quickly and effectively. This could leave them with more disposable income each month, which could allow them to make payments with greater ease.

And for people worried that they may miss making a mortgage repayment, a loan might be of great assistance. Recent research by price comparison website moneysupermarket indicated that those homeowners who are unable to meet such a demand, or find that they have a direct debit or cheques payment returned, could face fines of up to 50 pounds.

Steve Smith writes for 1 Stop Finance Shop. A one stop shop for all your loan requirements, from pay day loans, to secured homeowner loans, and cheap tenant loans. Visit today http://www.1stopfinanceshopuk.biz/

Bank Credit Card - How To Get One As Your Financial Back-Up?

It is important for college students to be able to pay for their tuition, books, fees and living expenses while they are attending post-secondary school. A student loan and a scholarship can cover most of the associated costs, but there are still other day to day expenses to consider. If an emergency occurs and the student needs extra cash, then they need a financial back-up plan. A bank credit card can help with these unforeseen expenses and it will also help them to build their credit score.

Credit Score Can Affect Your Bank Credit Card Application

If you have applied for unsecured credit cards or a bank credit card and have had no luck with those, you may be running into the same problem which many people with little or no credit scores face. You must have credit in order to achieve credit. This can be very frustrating for those who have either tarnish on their credit rating due to paying bills late, or don't have a credit history at all.

If having a credit card is your goal, then you need to start off small. There is a card for bad credit that many people utilize. It may require a deposit to assure the lender that funds are available to match the credit limit. Many people who have bad credit or no credit rating will utilize these cards, as a way to start or re-build credit scores. The downfall is being forced into paying high interest rates and a yearly membership fee that is often ridiculous. Use these as a last alternative.

If you are determined to have a credit card from your bank of choice, then you may want to consider asking your parent to co-sign the application with you. You will have the card in your name, but your parent's credit score will determine your interest rate and your credit card limit. This is a great way to get a 0 APR credit card and start to build your own credit rating.

Do Not Go For A Shopping Spree With Your Credit Card

Okay, you have obtained a bank credit card and now have the freedom to spend up to your credit limit. What comes next? Well, it should not be a shopping spree. This is the time to use some restraint. It can be thrilling the first time you hand over that piece of plastic to the store clerk, but you must always remember to use it wisely. With that small piece of plastic comes great responsibility. You will need to make your payments on time and always try to keep a minimum balance that you can pay off.

To receive more tips on rebuilding your Credit Score of your Bank Credit Card, visit http://www.studentloanexplained.com/Bank-Credit-Card.html
Keith Lee was once with more than $100,000 credit card debt, now using money from credit card company to make more money.

Consolidate Debts? Tips To Find The Best Debt Consolidation Loan

Many people benefit from debt consolidation loans, as these loans enable them to wrap up their more expensive credit and enjoy one lower interest, more convenient loan. Consolidation loans can prove to be a very effective means of debt management, and with a wide choice of consolidation loans available from a range of lenders you should be able to find the right consolidation loan for your needs and circumstances.

There are a number of things that you need to look at when looking for the right debt consolidation loan for your needs. Firstly you need to determine whether you need a secured or an unsecured debt consolidation loan. You will only be eligible for a secured debt consolidation loan if you are a homeowner, as these loans are secured against the home. If you have good credit but you are not a homeowner you will be able to look at unsecured debt consolidation loans. If you are a homeowner with good credit you will find that you are eligible for both secured and unsecured debt consolidation loans.

The Internet makes it very easy to compare different debt consolidation loans to find the right one for your needs, and whether you are looking or a secured or an unsecured consolidation loan there are a number of factors that you should check or compare. This includes:

What the eligibility requirements are: Before you apply for your debt consolidation loan you need to make sure that you are eligible. You should compare eligibility factors such as age, employment, and financial restrictions. You will also need to check whether there are any restrictions with regards to credit rating in the event that you have damaged credit.

What the borrowing limits are: You need to make sure that you have a chance of getting the amount of money that you need to consolidate all of your debts, so it is important to check the minimum and maximum borrowing limits. Do bear in mind, however, that the amount you will actually be able to borrow will depend on other factors too, such as your credit, income, and with secured consolidation loans your equity levels.

What sort of repayment periods are available: The repayment period that you choose with your debt consolidation loan will determine the amount of your monthly repayment. You should therefore check and see what the minimum and maximum repayment periods are.

What the interest rate is: You should check to see what the typical APR is, as this is the rate that most of the lender's customers are charged. Don't fall for the rates from trick, as you will most likely be charged a higher rate than the lowest one advertised.

Whether there are any set up charges applied or any early repayment fees: This is an issue that is more likely to arise with secured debt consolidation loans, and if you are opting for a secured loan it is a good idea to check whether there are any such fees in place.

Whether the lender is FSA authorised: You will enjoy valuable consumer protections against unfair practices by opting for an FSA authorised lender, so make sure that you check that the lender you opt for is FSA authorised for your own protection.

Joe Kenny writes for the financial comparison site http://www.onlystop.com/loans/ and also for the loan information portal, http://www.iloanapplication.com. Visit today to find a great personal finance offer.

What To Look For With A Payday Loan

A payday loan is a short term loan offered by a number of specialist lenders both on the high street and online. These loans do not involve any credit checks, but you will need to prove your employment, income, address, and bank account details. These loans are short term loans that are offered for a period of around one month, although you can sometimes extend the loan providing you pay the associated fees.

The borrowing limits available through any lender can vary but usually the maximum borrowing limit, depending on your circumstances and eligibility, is around $1000.

There are a number of factors to compare and check when you are looking to take out this type of loan. Amongst the areas to look at with payday loans and lender are:

What the borrowing limits are: The minimum and maximum borrowing limits can vary from one payday lender to another, and in order to determine which payday lender is going to be able to cater for you it is important to look at the different borrowing limits so that you have a better idea of whether you will be able to borrow the amount that you need.

What sort of paperwork is required: Most payday lenders will require proof of a number of things before they will consider you for a loan. This includes proof of employments, proof of your income, proof of your name and address, and proof that you have a bank account. Amongst the paperwork you may need to provide is a payslip, a bank statement, and a utility bill.

When the loan needs to be repaid: The loan term for this type of short term loan is usually twenty eight days, but this is something that you should check with the lenders, so that you know exactly when the loan has to be repaid. In most cases the lender will be able to give you an exact date when the loan needs to be repaid.

How the loan needs to be repaid: Depending on which lender you go through the loan may need to be repaid through a one off direct debit or standing order, or through post dated cheques to be left with the lender. You should check with the lender how repayment is required.

What the charges are: The fees for payday loans can vary, and are usually set at a flat fee per $100 borrowed. The average is around $10 per $100, but you should check this with the lender, as the fees can vary from one lender to another.

Whether you can roll over part or all of your loan: In the event that you cannot repay the loan at the end of the twenty eight days some lenders will allow you to roll over the loan to the following months. However, you will have to pay the interest charges again in order to do this.

When you will receive your money: Some payday lender can issue you with funds the same day, either in cash if you go to the high street or by transferring to your account with an Internet lender. Some offer funds for the next day. This is something that you should check with each of the lenders that you are considering.

Joe Kenny writes for http://www.Rebuild.org, visit today for some great payday loan offers here, http://www.rebuild.org/payday-loans.html or for UK residents, The UK Loan Store has some great fast cash loan offers here, http://www.ukpersonalloanstore.co.uk/payday_loans.html

Brits 'Should Reduce Utility Bill Pressures'

Homeowners need to be proactive in reducing pressures on their finances, an industry expert has reported.

According to Georgina Walsh, spokesperson for energywatch, following a series of price increases by major utilities providers now is an ideal time for homeowners to take steps in offsetting any additional strain on their spending. She claimed that moving supplier is "always a good idea", particularly for those who have never done so, as they may be set to secure the more competitive offers that companies advertise in an attempt to attract new custom.

Should homeowners face an increase in the cost of their energy bills, it is possible that they may encounter problems meeting other sources of financial demand. Such areas may include, for example, loans, credit cards and transport costs.

The energywatch expert also reported that those opting for an supplier which was not formed in their local area may be able to save money. As an example, she pointed out that those consumers who are living in London and have not switched may find that their original supplier was London Electricity - which is now a part of EDF Energy. Ms Walsh claimed that such people may see their energy bills be higher than for EDF customers living in other parts of the country. By moving provider, the representative pointed out that homeowners can "probably save at least 100 pounds", even if they remain on the same tariff. However, by moving to a different type of payment plan, it was suggested consumers could generate even more savings.

She said: "Your next biggest saving will be altering the way you pay - instead of getting your gas and electricity separately, go to one company for dual fuel, in other words gas and electricity from the same company. That will work out cheaper. An online deal will work out cheaper; direct debit, on the whole, will work out cheaper than paying quarterly; all these things we need to flag up ... You can't afford to be passive now. Combined [household] bills for gas and electricity average more than 1,000 pounds per year now."

Ms Walsh stated that if Britons were more proactive in changing energy supplier then companies would have greater incentive to offer competitive price plans. At the moment, she asserted, many firms do not have cost-effective deals as a result of "customer inertia", with only about half of consumers switching providers.

Her comments come as E.ON recently became the fifth of the six largest energy providers in Britain to raise its prices over the course of 2008, following suit with the likes of EDF Energy, British Gas, npower and Scottish Power who have all increased their costs by at least ten per cent.

Homeowners who are particularly worried that rising utility bill costs will put unmanageable strains on their finance, however, may wish to apply for a low cost consolidation loan. In taking out this type of loan, consumers may be able to merge numerous financial demands into a single low-rate monthly repayment. A cheap consolidation loan might be helpful for an increasing number of Britons, after a recent Chiltern study has showed the average consumer looking for help with their money management is some 26,344 pounds in the red.

Mark Dawson writes for Loan-Arrangers .co.uk where visitors can compare cheap loans online. Then apply for the best low rate loans and bad credit loans available. Visit today http://www.loan-arrangers.co.uk

Those Concerned About Secured Loan Payments 'Should Seek Advice'

People worried about meeting secured loan or mortgage repayments should seek help.

Such is the claim of Sue Edwards, head of consumer policy at Citizens Advice, who states that consumers concerned about their capacity to meet such demands on their spending should get guidance from a professional advisory service. Furthermore, she reported that there should be "tougher enforcement" in the regulation of mortgages and other forms of secured lending. Such a system, it was claimed, would provide a fairer environment than the "fragmented regime" of present.

Ms Edwards also pointed out that over the course of 2007 the advisory service dealt with more than 57,000 cases relating to people developing arrears with secured loans and mortgages. This figure, it was indicated, represents a rise of 11 per cent from 2006. Meanwhile, the level of repossessions has surged by more than a fifth (21 per cent) during the last year coming in at 27,100, about twice that recorded during 2005. However, it was put forward that as there are an increasing number of schemes rolled out targeting people who are at risk of repossession, the number of homeowners who are struggling with their finances could be higher than the Citizens Advice figures suggest.

After struggling to pay mortgages or secured loans, it may be possible that borrowers are developing difficulties with other sources of financial demand. Such areas could well include credit and store cards, personal loans, utility bills and council tax repayments.

She stated: "The findings of our December 2007 report on home ownership and debt, Set Up to Fail, showed that the current safety nets for homeowners on low incomes facing payment problems, such as income support for mortgage interest (ISMI), are completely inadequate. And these latest figures reinforce the need for much better quality and better value insurance products, for reform of ISMI and for a housing benefit for homeowners similar to the help with rent available to tenants on low incomes."

As such, the Citizens Advice head pointed out that all money lenders should be "reasonable" when dealing with those who are struggling with making repayments. At present, however, it was claimed that financial providers are not to always doing this and in some cases will choose not help their customers make affordable repayments on their loan or mortgages, instead hitting them with additional charges or taking them to court.

For people worried about their capacity to meet the demands on their finances that a mortgage or secured loan can entail, applying for a debt consolidation loan might prove to be of assistance. Taking out such a loan could allow borrowers to consolidate various spending commitments into a single payment, freeing up more cash each month.

In addition a cheap consolidation loan could be of help to people wishing to get their finances back on track after overspending during the Christmas period. Recently Moneyfacts pointed out that the first few months of the year present an ideal time for Britons facing up their debts to move from expensive financial products to more competitive deals.

Abbi Rouse writes for All About Loans where visitors can apply for UK self employed loans and also focuses on secured loans , and bad credit secured loans for UK homeowners. Visit Today: http://www.allaboutloans.co.uk

Beginning Of Year 'Popular Time' To Get Debt Consolidation Loans

The start of a year is the most popular time to apply for a personal loan, new research shows.

A study carried out by Halifax indicated that January is the month which sees the most UK personal loans taken out - at a rate which is almost double that recorded during other times of the year. In addition, findings from the financial services firm revealed that the proportion of loans applied for to consolidate other debts is at its highest at the beginning of the year. Once again January was pointed out as being the month where UK consolidation loans are the most sought after "by far".

Statistics from the company also indicated that younger Britons are likeliest to apply for a cheap consolidation loan. Those between the ages of 20 and 29 were shown to be likeliest to go for this type of borrowing, "closely followed" by 30 to 39-year-olds. Furthermore, men are expected to take out loans for debt consolidation more often than women, at all times of the year.

Neil Chandler, head of Halifax Unsecured Personal Loans, claimed: "For many people, the start of the year is a time to get personal finances in order - transferring debt from more expensive products such as store cards or other loans.

Our research shows that this is certainly the case, with the number of loans taken out for debt consolidation increasing. Using an unsecured personal loan for debt consolidation means you have just one fixed monthly payment for all your debts making it easier for people to manage their finances."

The Halifax expert also pointed out that "more and more people" are now choosing to organise their money by weighing up various financial offers and schemes using a price comparison website and applying for goods via the internet.

He stated that taking out monetary products through the web, which could include online loans, can be done at any time of the day and is quick to do. "This convenience and greater access to the internet means that this trend is set to continue," Mr Chandler said.

For people concerned about their capacity to manage their money as 2008 progresses, applying for a consolidation loan could be of assistance. In taking out this type of loan, borrowers can converge a number of constraints on their spending, for instance credit and store cards, mortgage repayments, utility bills and any previous loans, into a single low-cost repayment, which could leave them with more disposable income at the end of the month.

A debt consolidation loan could be of help to younger Britons after a recent Halifax study indicated that those between the age of 20 and 29 are struggling with money management. According to the Yorkshire-based financial services provider, the typical person in this demographic is more than 6,330 pounds in the red through UK loans, overdrafts, plastic cards and other types of borrowing, the Daily Mail reports. With an average salary of around 14,000 pounds young people who are in debt think that it will take them about four and a half years to get back into the black.

For consumers looking for an effective way to get into a positive financial situation, a low cost debt consolidation loan could be of assistance.

Steve Smith writes for 1 Stop Finance Shop, a one stop, Personal UK Loans Shop, with information on adverse credit loans and cheap debt consolidation available on site. Visit today http://www.1stopfinanceshopuk.biz/

Personal Loans 'Competitive Way Of Buying A New Car'

Opting for showroom finance deals ahead of a cheap UK loan may see Britons lose out when buying a car, new research indicates.

A study carried out by uSwitch reveals that drivers are on track to waste a total of 174 million pounds in signing up to garage payment options when buying a new '08' registration car next month. It was reported that 224,644 new cars will be purchased this way in March. Research from the price comparison website also shows that more than 2.4 million cars were sold over the course of last year, with about a fifth (19 per cent) of these transactions taking place in March. However, it was claimed that by opting for a low-rate personal loan instead of a forecourt finance deal motorists could save some 1,084 pounds.

In addition, the study highlighted the significant amount that can be saved in opting for a best-buy loan to fund a purchase of a VW Golf - one of the best-selling cars in Britain. With this model costing 11,411 pounds on the road and a ten per cent deposit already made, uSwitch stated that those borrowing 10,270 pounds to assist with their buying will pay 9.4 per cent in annual interest by choosing a motor finance deal offered by Carselect. Such a move, it was purported, would cost borrowers 2,162 pounds in interest over the course of three years. However, by getting a UK personal loan from Moneyback Bank, which is reported to offer one of the most competitive deals on the market, consumers would have a typical interest rate of 6.7 per cent, seeing them pay 1,068 pounds in interest. In turn this would result in a saving of 1,094 pounds.

Commenting on the findings, Mike Naylor, personal finance manager at uSwitch, said: "Brand new cars are already a big expense but consumers can unwittingly inflate the purchase price by up to 1,100 pounds by choosing the wrong finance deal. However, there is a simple win-win solution. Finding a competitive loan and having the money ready to buy the car immediately will not only ensure that people get cheaper finance but it also gives them more bargaining power to get the best purchase price. Just because a car dealer can offer you a good deal on a new car, it doesn't always mean that they will offer the best deal to finance it."

Mr Naylor also advised those looking to purchase a car to take the time to investigate all the finance options available, pointing out that some dealers charge up to 11.8 per cent in interest on their deals with cheap personal loan rates often available to those with a good credit history. Furthermore, he recommended motorists to be conscious of how depreciation can affect the value of a car.

As such, drivers looking for a competitive way to fund getting a car may wish to apply for a low cost personal loan. In opting for this type of borrowing consumers may find that they are left with affordable low-rate repayments to make each month. Last year research carried out by the price comparison firm indicated that by opting for uncompetitive finance deals, motorists could waste a total of 228 million pounds. Nick White, director of financial services, claimed that not only is choosing a personal loan cheaper for consumers but by getting the money before going to the showroom borrowers will have more power to buy the car of their dreams.

Abbi Rouse writes for All About Loans. Visist us today to apply for secured UK loans, low cost personal loans, and loans for tenants. Visit today http://www.allaboutloans.co.uk

Online Car Loans Can Reduce Stress

Finding a car loan online is becoming very popular in recent years. It offers consumers an easy way to comparison shop for car financing that can be done from the comfort of your own home.

When you use an online car loan service you are also in a much better bargaining position then going to your traditional car dealership. With your car financing arrangements already in place you are seen as a cash consumer. You are aware of how much you can spend and will not be pushed into a higher price range from the salesperson.

If you are not using the Internet when researching cars, you really should. By using the Internet you have access to all the information you need in terms of year, price and mileage of the car you wish to purchase? What is surprising is that these same people walk into the dealership and toss their savings right out the window.

Most customers walk into the dealership and must speak with the finance manager to obtain auto financing. These people assume they will qualify for the lowest rate right at the dealership. What they do not know is that brick and mortar dealership with all of the inventory and staff costs big bucks to maintain and they are paying these bills some how.

Reduce The Stress
Finding a car loan online takes much of the stress from the car buying process.

Here are two other tips people are using to save them time and help to make the most out of their car buying experience:
1. Purchase your car online. Go to Autotrader and find out what others in your city or province are paying for the vehicle you want. Then contact the car dealers online with your contact information to receive a few quotes via the phone or your email.
2. Use a car buying service. Some services found online will take the work out of finding the car for you. These services are often free and you only need to go to the dealership to pickup the car. Most times they will deliver the car for you if you want to stay completely out of the buying experience. This is not recommended because most people will want to see the car first before committing to purchase.

Online Auto Loan Quote
You can learn more about Online Car Loans and get a free car loan or car purchase quote by visiting websites that specialize in providing online car financing.

Sean Patrick works with http://www.ontariocarfinancingloans.ca, one of the country's top automotive financing web sites providing car loan deals, articles, reports used cars and research.

Men 'Splashing Valentine's Day Cash'

Britons - and in particular men - are set to have splashed the cash on their loved ones today, new research shows.

In a study carried out by Alliance & Leicester, it was revealed that more than half (53 per cent) of people believe Valentine's Day has become too much about the buying and receiving of gifts. However, with this in mind the country is to spend over 1 billion pounds on presents for the occasion.

Research from the financial services firm also showed more than a third (37 per cent) of men expect that they will spend more money on their partner than their other half will splash out on them. Meanwhile, 36 per cent of males will leave getting a gift to the very last minute, getting something a day or two before Valentine's Day arrives.

It was also revealed that spending in florists by male Alliance & Leicester debit cardholders during February 14th 2007 was six times above a normal day. Figures from the financial services firm also indicated that debit card transactions by all customers in restaurants over last Valentine's weekend (February 14th to 17th) was up by 36 per cent in comparison to a normal three-day period.

For those looking for a competitive way to fund buying a present for a loved one, taking out a loan might prove to be of assistance. This may be particularly helpful for people who want to get a particularly extravagant gift such as jewellery or a luxurious holiday.

Commenting on the figures, Emma Walkley, senior current account manager for the financial services provider, said: "Although people say Valentine's Day has been spoilt by over-commercialisation, spending patterns show that we still make an effort to celebrate it in some way. Last year's figures showed a rush of romance in the days leading up to the 14th February and the weekend after. This year is likely to show a similar trend, with florists seeming to be the salvation for those men who have forgotten that Valentine's Day is upon us and need a last-minute purchase, or who struggle finding interesting and imaginative presents."

Meanwhile, citing findings by Opinium Research it was shown that the typical Briton will spend 35 pounds on February 14th. Overall, spending on debit cards during last Valentine's weekend on the likes of flowers and jewellery was up by 60 per cent, in comparison to the preceding week.

Whether splashing out on a loved one for a last-minute Valentine's gift or simply wanting to get spending under control as 2008 progresses, applying for a low-rate loan could prove to be of assistance. Recently, Richard Al-Dabbagh, personal loans manager at Alliance & Leicester, stated that getting a personal loan provides an effective way for borrowers to sort out money management and have a "flying start to the new year". Upon getting a personal loan, it was claimed, borrowers may be able to fund making a major purchase such as a car or dream holiday. He also pointed out that loans often present a more cost-effective option in terms of the amount of interest payable in comparison to credit or store cards.

Mark Dawson writes for Loan-Arrangers .co.uk where visitors can compare UK loans online. Then apply for one of our cheap low cost loans or bad credit personal loans. Visit our site today http://www.loan-arrangers.co.uk

'It Is Important' Car Buyers Get Best Loan Rate Possible

Prospective car buyers are becoming increasingly aware as to the effect that such a purchase can have on their finances, new research indicates.

In its Deal on Wheels report, AA Personal Loans points out that a fifth of Britons are planning to buy a car over the course of the next 12 months. Such a figure represents a fall of five percentage points from the one in four consumers who were looking to do this in the same study carried out last year. Findings from the firm also showed that the typical purchaser is now set to spend 8,851 pounds on a vehicle, down from the 9,827 pounds recorded six months ago.

Research from the firm also indicated Scottish people are most looking to buy a car in the next 12 months. More than a quarter (28 per cent) of consumers from the region are planning to make such a purchase this year, in comparison to 17 per cent of Britons living in both the south of the country and Wales and the Midlands.

In an attempt to perhaps avoid overspending, the financial services provider pointed out that an increasing proportion of Britons are buying second-hand cars. Over the past six months, those looking to purchase a model which is less than three years old has gone up from 36 per cent to 45 per cent.

For an effective way to finance buying a car, whether it is a new model or second-hand, a competitively-priced UK personal loan may be of assistance.

Additionally, men were shown to be more likely than women to get a car over the duration of 2008. However, it was pointed out that 15 per cent fewer males now plan to purchase a new automobile, compared to six months ago. Meanwhile, the proportion of men choosing to get a second-hand model has surged by a third to account for 48 per cent. Although levels of females who are likely to buy a new car has stayed consistent, those wanting a used car which is less than three years old has gone up to 42 per cent.

Mark Huggins, head of AA Personal Loans, stated that it is increasingly important that motorists take financial considerations onboard when buying a vehicle. He said: "Faced with rising costs including fuel - for example the cost of unleaded petrol is now 102.8 pence per litre compared with 87.5 pence this time last year - car buyers seem to be shopping around for a more economical way of buying a reliable car. A third of buyers finance their car purchase with a loan, so it's important they shop around for the best loan rate, too."

One way prospective car buyers may wish to fund their purchase is by taking out a cheap loan. In opting for a cheap personal loan ahead of a forecourt finance deal it is possible that consumers will be able to make repayments on their borrowing at an affordable level and have more bargaining power to get the vehicle of their dreams. Meanwhile, Sainsbury's Bank revealed last year that by not haggling on the price of a second-hand car Britons could be losing out on thousands of pounds.

Tom Dawson is the Editor in Chief for Essentially Home Loans where visitors can apply for cheap loans online. We also specialise in debt consolidation loans, and secured loans. Visit our site today http://www.essentiallyhomeloans.co.uk

Credit Card - Should Student Apply For One?

Anyone who has ever been to a retail or department store knows how easy it is to apply for a credit card. Sales people offer the 10% off the purchase price to lure customers into applying. Credit card companies want you to save your cash and use their MasterCard or Visa credit cards. It is a buy now and pay later world. For those who have recently turned eighteen, this can seem like a tremendous power, especially if cash is tight due to school.

Instant approval credit cards may be a godsend when you find yourself in desperate need of school supplies or in need of the basic essentials. However, far too often the ability to easily apply and get one can lead to massive financial problems. Student credit card debt is out of control. Students are inundated with bank credit cards, MasterCard or Visa credit card offers and many do not consider the ramifications of how easy it is to abuse their use.

No one doubts that college is expensive. Tuition, room, board and associated fees can wipe out savings very quickly. You, as a student, may have such an immense class schedule that makes working part time impossible. This is especially difficult if you are involved in school activities, such as sports or academic organizations. Most parents cannot afford to pay for all the extra expenses a student incurs, not to mention if there are off campus expenses and luxuries wanted.

Don't Fall Into Credit Card Debt

It is important to remember that when you apply for a credit card and have received it, you have agreed to the lender's terms. Only use the line of credit as an emergency source of funds should you find yourself in need. You do not want to find yourself with maxed out cards and no way to meet the monthly minimum payments. Pay attention to the fine print and the interest rates.

Apply for a credit card and use it when you absolutely must. Do not continuously apply for those college student credit cards just because you can save 10% off your purchase. Eventually, you will have to pay back the balance and you may not have the funds available should a real emergency happen. Try to remember that going out with your friends for a night on the town does not qualify as an emergency!

Be Financial Responsible with Your Credit Card

On the other hand, while you want to have a good credit rating, each credit card you apply for goes against your credit score and can begin lowering it dramatically. There is a delicate balance between improving your rating and seriously hurting your credit score. Be smart, build credit ratings, use your credit wisely and you will learn how to be financially responsible.

To learn about the pitfalls of Credit Card or Student Credit Card Debt, visit http://www.studentloanexplained.com/Apply-For-A-Credit-Card.html
Keith Lee enjoys making money from using money from the banks.

Student Loan Consolidation Info - Keeping Student Loan Information Organized

As soon as you sign a promissory note for a student loan, you will need to get organized so that information can be easily found in the future. Plan on having a place for every piece of correspondence that comes in along with all of your original loan documents. This way you can refer to those papers at any given time to see what you have agreed to pay back.

Start with an easy to use record keeping system where you can keep all of your loan documents and other correspondence you receive from the financial institution as well as your school. You can even purchase a book or software on personal finance to get you on the right track. No matter what you use, make sure you have a single file for every different loan you have to keep the items separated and easy to find. Keep all of your student loan information organized right from the start. You will most likely need to refer to the original documents once the loan repayment period starts.

What should I keep?

You should keep important documents like your student loan applications, the promissory notes, your disbursement and disclosure statements along with any notices you receive regarding loan transfers. Keep copies of any correspondence from your student loan lender, the loan holder and service provider, and also keep any information from your financial aid office. Also keep current address and contact information for these as well. It is wise to keep all of your contact information current and up-to-date at all times for quick and easy reference. Record the times and dates of the calls you make along with a quick summary of the discussion. Also be sure to jot down the name of the person you are talking to in the event you need clarification later.

When setting up your system for staying organized, make sure you are comfortable using it. Make sure it is an easy system to maintain from the beginning of you signing the promissory note to the time the debt is paid in full. It is also recommended to store your records in a fire-proof box that locks to keep it safe in the event of a theft or a fire. Remember to keep all of your student loan documents until all the educational loans you have are completely paid off, you never know when you might need them.

Ian Wilkie is a published expert author of many Student Loan Consolidation Informationis articles and owner of - http://www.mystudentloanconsolidationinformation.com your one-stop online resource for Student Loan Consolidation Info.

People 'Concentrating On Reducing Debts'

Millions of Britons are taking steps to reduce pressure on their finances, new research shows.

In a study carried out by MoneyExpert, it was revealed that 5.9 million consumers have switched credit card deals over the last six months of 2007 in an attempt to get their debts under control. Such a figure represents an increase of 394,000 compared to the first half of the year. From July to December, 13 per cent of cardholders made such a change, up by a single percentage point during the time between January and June.

Findings from the price comparison website revealed that young Britons have been struggling the most with their finances. Over the last six months about one out of six (17 per cent) consumers between the ages of 25 and 34 have moved credit card provider in an attempt to reduce spending pressures and take advantage of zero per cent balance transfer offers.

And in taking such steps to reduce monetary pressures on their plastic cards it might be possible that borrowers could be able to meet other sources of financial demand with greater ease. Such areas may include loans, household bills, council tax repayments and transport costs.

Commenting on the figures, Sean Gardner, chief executive of MoneyExpert, said: "The increase in credit card switching means that people are concentrating more on reducing debts and are less concerned about other product areas. And with bills increasing across the board it wouldn't be a surprise to see further rises in credit card switching in the next six months as consumers struggle to cope. Credit card companies still offer lengthy zero per cent deals - some as long as 15 months - which means that so-called 'rate tarts' will be here to stay."

Although he claimed that "almost certainly" everybody will be able to save money by switching deals, the MoneyExpert executive warned those who consistently shift debt around and do not take steps to actually make repayments. He claimed that such consumers are in danger of spending more money elsewhere and actually increasing their level of indebtedness. In addition, Mr Gardner advised people to take the time to ensure that they are getting the best deal possible on their borrowing.

Those looking to get to grips with their spending more effectively, however, might wish to consider applying for a cheap consolidation loan. Taking out a consolidation loan could allow borrowers to merge a range of financial pressures, which may include store and credit card debts, other loans and outstanding mortgage and utility bill payments, into one low-cost fixed repayment. And by opting for this type of cheap loan, borrowers may able to manage their money with greater ease as they will have fixed regular repayments to make. Furthermore they will not face a rise in interest costs once the zero per cent offer expires as may be the case with credit cards.

A debt consolidation loan could be of particular use to Britons from Yorkshire and Humberside after research by uSwitch indicated that the average person in the area is in debt to the tune of 7,484 pounds. Consumers living in the south-east and east were also revealed to be struggling with money. Overall, the price comparison firm indicated that one in three consumers do not have any money left in their bank account by the end of each month.

Tom Dawson is the Editor in Chief for Essentially Home Loans where visitors can apply for cheap loans online. We also specialise in loans for debt consolidation, and cheap personal loans. Visit our site today http://www.essentiallyhomeloans.co.uk

Consumers Should 'Take Control' Of Finances

Monetary pressures could hamper Valentine's Day spending for many people, new research suggests.

A study by uSwitch reveals that some eight per cent of Britons - around three million - cannot afford to splash out on gifts for February 14th. Statistics released by the price comparison website also shows that the average consumer will splash out 23 pounds on their significant other. Meanwhile, men are set to spend twice as much as women. Males, the price comparison website indicated, will have an average expenditure of 30 pounds, in comparison to 15 pounds by females.

It is also revealed that just over one million consumers will splurge between 101 pounds and 200 pounds this February 14th. Meanwhile, 300,000 Britons are to "really push the love boat out", spending between 201 pounds and 400 pounds. And while many Britons will not go away for Valentine's Day, an estimated 31 per cent are to head abroad for a romantic excursion.

Those looking for a competitive way to finance the Valentine's Day present of a lifetime or a holiday abroad may wish to consider getting a cheap UK loan.

Furthermore the biggest spenders appear to be from London and the West Midlands. An estimated eight and seven per cent of consumers living in such regions respectively are to splash out more than 100 pounds. Research from the firm also indicated that young people are likely to spend the most money in the build-up to the big day. Consumers between the ages of 18 and 24 are set to splash out an average of 39 pounds. In comparison, more than half (52 per cent) of the over-55s plan on not spending a penny, with the typical expenditure for those in this age group coming in at 15 pounds.

Ann Robinson, director of consumer policy for uSwitch, said: "Valentine's Day is traditionally a time to splash some cash, but with consumers tightening their belts this year romance may be in for a rocky ride. However, even in cash-strapped times I'd be surprised if there are very many people who would actually prefer to be huddled under an umbrella in Southend than sunning themselves on the beach in Dubai. While it is great news that consumers are reining in on spending, they are in danger of missing a trick. Consumers can spend more of their hard-earned salaries on the nicer things in life, such as treating their loved one, if they take control of their finances."

She pointed out that by taking the time to get the most competitive deals on various financial products and offers consumers could save up to 1,500 pounds. Such a figure, it was suggested, should be more than capable of helping people to bring back some romance into their lives.

Whether it is to help finance Valentine's Day gift expenditure or supplement spending over 2008 as a whole, a low-rate loan could prove to be of assistance. Earlier this month, it was suggested that the availability of cheaper loans is increasing after Moneyfacts pointed out that the first few weeks of this year had seen a number of lenders reduce rates on personal loans. Among those implementing cuts were Alliance & Leicester which had cut the amount of interest on a UK personal loan of between 2,500 pounds and 4,999 pounds from 14.9 per cent to 12.9 per cent. Meanwhile, Barclays has lowered interest on loans of 5,000 pounds to 7,499 pounds by three percentage points to 9.9 per cent.

Abbi Rouse is Editor in Chief for All About Loans. Our visitors have access to homeowner loans of all types: From self employed loans to bad credit tenant loans. Visit today http://www.allaboutloans.co.uk/

Suggestions on Financing Your Plastic Surgery

In the not too distant past, it was the wealthy and the celebrities who could afford to pay to have plastic surgery procedures performed.

However, the price of plastic surgical procedures has become more reasonable, and financing options have become readily available to pay for plastic surgery as well. If you want a breast augmentation or rhinoplasty, you now have many options to choose from to pay for it.

Unless your procedure is deemed to be "medically necessary," most insurance companies will not pay for any of the costs.

Thankfully, today many financial companies realize the need for loans designed especially for people who want to have cosmetic treatment or dental work performed.

Rather than have to charge a surgery to a high interest credit card like you would have in the past, many financial institutions now offer what are referred to as "medical loans."

With a medical loan you can easily finance the cost of your tummy tuck or liposuction, and make payments on it over time. And, unlike credit cards, the interest rate on a medical loan is usually at a very reasonable rate as long as you have decent credit scores at the time you apply for the loan.

Medical loans from financial companies are generally available for amounts between $1,000 and $25,000 and usually offer terms of payback over 24 to 60 months.
Some people have a hard time justifying the financing of their plastic surgery. However, it is often helpful to think of it as an investment in yourself and your physical and emotional wellbeing.

For example, if your house needs new paint and if you couldn't afford the bill all at once, then you would put it on a credit card. This allows you to maintain your house when it's needed, and make payments on the work that was done.

Similarly, financing allows you to have the work done to improve the look and feel of your body and then pay it off over time, rather than having to come up with a large amount of money all at once which can be hard to do.

If you need assistance in paying for your face lift or tummy tuck, the first place you should start is at your plastic surgeon's office. Many physicians' offices can help guide you to reputable finance companies who offer medical loans. Some physician's offices are partnered with finance companies and are therefore able to offer you a favorable rate.

If you would prefer not to work with a bank or financing company, many clinics can work with you directly to offer you a payment plan. The exact payment options depend on the plastic surgery clinic you choose to use and how much debt they are willing to take on from their patients.

No matter which financing option you choose, make sure that before you ever sign anything promising to pay, you completely understand the terms of repayment and the exact costs of the loan. If the interest rate or payments are too high for you to be comfortable with, shop around and find yourself a better deal.

Financing plastic surgery can be a great way to get the medical care you need or want and to spread the cost out over time to make it more affordable for you. By working with your plastic surgery clinic you can find the best financing terms available to you.

In Boston MA, cosmetic surgery financing offers you a real option to invest in your body and lifestyle. One board certified Boston cosmetic surgeon who understands this, offers pricing guidelines, financing options and consultation scheduling online at http://www.drmossthebeautyboss.com/.

Debt Consolidation Loans In The UK

There are a lot of rules and regulations involved if you want to apply for a debt consolidation loan in the UK. There are some which are taken for granted like you must be a home-owner living in the UK and over the age of 18 although in some instance the minimum age is now 20 years old.

There also needs to be equity left in your property. So if your home is worth 180,000 pounds and you have 180,000 pounds mortgage on that property then you will not be able to get a debt consolidation loan on the property. A debt consolidation loan is really another name for a secured loan the name coming from the fact that the loan is secured on the property.

These loans can also be called second charge loans as they are the second charge on your home the first charge being your mortgage. So you cannot take out a secured loan unless you have a mortgage on the property.

Some people try to consolidate debt by taking out an unsecured loan however it can be difficult to obtain a loan that is not secured if you have a lot of outstanding debt. Also you will be charged a very high rate because the lender does not have the security they have with a secured loan.

Most people apply for a debt consolidation loan to pay off all there existing bills. It means that they will now only have one smaller bill which is fixed and direct debit from your bank so it puts you back in control of your finances. There is one vital point to remember however about taking out a debt consolidation loan.

Your loan will pay off all your bills and some of them might be very high interest rates and you will be paying a lot less every month. However the reason you are paying less is because the debt consolidation loan can be spread over twenty five years so although you're monthly payments are drastically reduced now, over the long term you could be paying more.

This is seen as one of the main drawbacks with this type of loan in the UK, and some financial experts say that they are expensive in the long term. However for some people they have offered a lifeline and gave them control of their finances again.

The problems have occurred when people take out a loan to consolidate their debt and now have one nice small payment. However they are now left with a lot more money every month and they start to overspend again, and because they have already one secured loan they do not have enough equity in their property to take out another secured loan so they cannot consolidate their finances.

If homeowners in the UK that have the opportunity to consolidate their debt use it properly and not overspend whenever they receive their loan it can be very advantageous. The control they have over their finances gives them great opportunity to start saving and it's also possible to pay off their loans early however there might be a redemption penalty.

If you consolidate your debt using a secured loan it is also possible to take out insurance on the loan so your monthly repayments will be paid if you are made redundant or if you are sick. When you apply for a secured loan you can ask to have this insurance in your quote. However it is advisable to shop around as these prices can vary a lot.

You are at no point under any obligation to take out insurance with your loan and you should always make sure that you are quotes with and without loan insurance.

In summary you can take out a secured loan for the purpose of debt consolidation and although they can be more expensive in the long run if they are used properly they can get you back in control of your finances. If you start running up more debts after you have taken out your loan then you might not have enough equity in your property to consolidate any further debts.

Shaun Parker is a leading financial expert with many years of experience in the loans industry. Find out more about consolidation loans at http://www.ukwebloans.co.uk

Secured Homeowner Loans and Their Benefits

All loans come under one of two umbrellas, and these umbrellas are secured or unsecured loans. A secured loan is a loan that is secured against an asset, which is usually the home, and therefore is only available to homeowners. You will usually need to have some level of equity in your home to get a secured loan, although some lenders will offer finance to those with little or no equity. In order to calculate your equity levels you simply deduct the amount of any outstanding mortgage or other secured loans from the market value of your home, and the remaining balance is your equity.

Secured loans offer a number of valuable benefits to borrowers, making them an effective and affordable borrowing solution to fund a wide range of purposes. One of the main benefits of a secured loan is that you can enjoy a low rate loan to fund purposes including debt consolidation, home improvements, purchasing a car, paying for a holiday, funding a wedding, and more. Even those with bad credit can often get a secured loan if they are homeowners even if they have faced difficulties getting an unsecured loan because of their credit.

There are a number of other benefits offered by secured loans. For example, you can enjoy greater borrowing power with a secured loan compared to an unsecured loan, although the exact amount that you can borrow will usually depend on the level of equity in your home. You will also be able to enjoy longer repayment periods than you would get with an unsecured loan, which means that you can spread your loan over a longer period, and therefore cut back on the amount that you have to repay each month.

A secured loan is an effective and affordable way to borrow money if you are a homeowner, but you need to remember that the terms of borrowing can vary from one lender to another. It is therefore important that you compare different secured loans and look at areas such as the typical APR, the repayment period offered, any exclusions or restrictions, and any hidden fees. You should also make sure that you get at least several quotes before you make any commitment, as the cost of a secured loan can vary from pone lender to another.

You should remember that whilst there are many benefits to taking out a secured loan there is a downside to consider as well. A secured loan is secured against your home, and therefore if you default on your repayments you could be putting your home at risk. Also, if you take out a secured loan for close to the limit of your equity levels and then house prices fall you could find yourself tied into negative equity.

As long as you bear the negatives as well as the positives of a secured loan in mind if you decide to take out this type of loan you should be able to enjoy affordable and convenient borrowing with this type of loan, making the most of the equity levels in your property.

Joe Kenny writes for the financial comparison site http://www.onlystop.com and also for the loan information portal, http://www.iloanapplication.com. Visit today to find a great personal finance offer.

The Curse of the First-Time Buyer (Part 1)

There are just some things in life that are a recipe for disaster and going shopping without money in your pocket is one of them. You are almost guaranteed to find something to buy that you absolutely fall in love with: Shoes, clothing, handbags, sportswear, cars, gadgets and whatever else manages to get your greed-glands working overtime!

So why, oh why, would we put ourselves through this same kind of masochistic torture when buying our dream home? It's madness enough when buying "small ticket" items but a house (or flat), are we really that crazy? Well, yes. We still do it. "FTB Excitement" takes over the very best of us.

But it doesn't take much for the euphoria to disappear and to make way for something else. You see, the First-Time Buyer (FTB) is just so excited at the prospect of owning a little piece of land and home to call their own. Unlike the seasoned, more cynical, home buyer, it understandably takes fewer viewings for a FTB to lay eyes on the place that is "the one for them". They just know it. They can see it, feel it, touch it, taste it.

Nevertheless, you can still guess what the FTB has gone and done, can't you? Oh yes, they've committed mortal home-buying sin number one:

"Thou shalt not go looking for a home until you have a Mortgage in Principle because you WILL fall in love with something. GUARANTEED!"

And that is when the "Curse of the First-Time Buyer" descends upon them! That property, their dream home for 165,500 Pounds, has been sent to test them. Lenders have all stood around their moneypots and decreed not to lend them any more than 150,000 Pounds. Oh yes ... the curse has fallen upon another unsuspecting FTB !

As bizarre as all of this sounds, there really is no need for any First-Time Buyer to put themselves through the pain and torment of finding a house or flat that they love without having the money in their pocket first. (Or as close as you can be to having the money that is.)

Have a mortgage agreed in principle before you start your house-finding journey. Get it in writing. Get a bank, building society or mortgage adviser to produce a Key Facts Illustratration (KFI) for you. Using one of those "How much can I borrow?" website forms is insufficient. Asking for just your annual salary and the property's value is literally scratching the surface. You need something far stronger than that to bargain with.

And there's no need to worry : you're not making a full-blown application for a mortgage. That's why it's called "Key Facts" because it's only the information that both you and the lender need to know at this stage in your relationship.

According to the FSA's "Mortgage Conduct of Business" book, this is how you can avoid the "FTB Curse". (Well, they don't quite mention the curse but you know what we mean!)

"The principle [of providing an Illustration] is that the customer should make an informed decision to apply for a regulated mortgage contract. This means that he must be given sufficient information, specific to his case, to be able to make that decision."

If you or someone you know are seriously in the marketplace for your first home, then go and get your illustration now. They can be produced quickly enough by a reputable adviser. More than anything else, though, you know you are in the strongest possible position to negotiate with the Seller. You've gone shopping with money in your pocket!

Mark Matheson MSc is a partner at Opening Doors Finance, a UK company specialising in Secured Loans and Remortgage information. Find out at http://securedloans.odfinance.co.uk how they help you to secure both your expenses and your income. Or, alternatively, at www.odsecuredloans.co.uk.

Why A Home Equity Line Of Credit Makes Sense For Your Home Remodeling Needs

Making some changes around your home is a great way to help you enjoy your home even more. There is so much you could do to improve the living space, the kitchen, bathroom, or even add a garage or a new sunroom. Each of these costs money, and one of the most practical ways to finance your next project is by getting a home equity line of credit (HELOC). Here are some common sense reasons why this could be the best way for you to go.

Open An Account

A home equity line of credit will enable you to get an account with a credit limit. This will be established by the lender and will be based on your credit score, current indebtedness, amount of equity available, and your ability to pay back the loan. You will be given access to this line of credit by either a credit card or as a checking account.

Get One Loan - Many Purposes

The money in your account is yours to use however you want. If you have more than one home renovation project and are not sure of the total costs involved, then this is the simplest way to go about it. Or, if you want to do several things with the money - but not all at once, then, again, this is the perfect solution to those needs.

Out of the money your receive, you could do things like:

Home renovations
Consolidate Debt
Cover medical expenses
Take a vacation or trip
College education
Buy a car or boat
Have emergency money

If you wanted, you could even do more than one of these things.

A home equity line of credit is usually an adjustable rate loan. This means that after a fixed rate period, the rates will change on a regular basis. The rate is based on the market rate and a margin.

Pay Interest Only On Portion You Use

One thing that makes a HELOC such a good investment is that you only pay interest on the money that you actually take out of the account. This makes it ideal for more than one project, and gives you the privilege of saving money on the portion you are not yet using.

In many cases, you have an option as to how you want to pay on your home equity line of credit. You could pay only the interest each month during the draw period. This period of time gives you a specified time in which you are allowed to take out more money. Another option is to make fully amortizing payments. This payment amount will be calculated monthly in order to keep up with how much you take out.

Different Amortization Methods - Pay Attention

Lenders have different ways to amortize their HELOC products when the draw period closes. You will need to know the method they will use to avoid surprises. One of these is to calculate fully amortizing payments and give you the balance of the 30 years to pay it off. Another way is to require a balloon payment at the end of the draw period. This means that you will probably need to refinance it. Some newer products simply roll the money over again to make it available to you - even without applying for it.

Whichever home equity line of credit you choose, be sure that you do some shopping to find a good deal. HELOC's vary quite a bit among lenders, and so do their terms. Be sure you find out about the margin rates and how it amortizes.

Joe Kenny writes for http://www.rebuild.org/, visit today for some home equity loan offers here, http://www.rebuild.org/home-equity-loan.html or visit the UK Loan Store for some great homeowner loans here, http://www.ukpersonalloanstore.co.uk/home_loans_doc.html

Getting A Personal Loan When It's Difficult

First of all you can always get a personal loan. The question is, what are you willing to live with, provide or gamble with in order to acquire this personal loan?

There are all kinds of fraudulent loan services out there that try to pull you in with their sweet promises of guaranteed loans even if you have bad credit, or if you have been turned down in the past.

Many don't tell you, or try not to tell you that they will charge you an arm and a leg in interest on your loan. Basically, anyone who offers a loan for people with poor credit could be looking for those people with economic problems so the lender can charge higher interest rates and excessive fees.

If you have credit problems, a little time of searching beforehand can help you get approved, and can save you a lot of money in interest charges. It really doesn't take that much longer to find out what the lender wants and then you take care of the problem beforehand.

Try to get your debt to available credit card ration under 50 percent. If you have several credit card payments, try to take one of your cards and pay it off, even if you have to make a smaller payment monthly.

Just be sure to make at least all of the monthly minimum payments to keep everything current. Also, a good point is not to cancel a credit card after you pay it off. Keep it active and charge a little here and there and pay it off each month.

The next tip is regarding your credit score. Before applying for any type of loan, ask the lender what credit bureau they use. For example, if you are buying a car, find out what lenders the dealer uses and what credit bureaus.

If you need a personal loan from a bank or credit union ask the institution which credit bureau they use. Then find out what the lowest score these banks, or institutions will accept.

Next you need to obtain a copy of your credit report and your score and check to make sure everything is correct.

Suppose that you have a low credit score due to problems you may have had in the past. Talk to the lender and see if they would do "hard cases." If not, don't apply and continue to look for another lender.

At least you will now know why you are having such a difficult time in obtaining a personal loan and will be able to start working on your credit status to improve it.

Court helps people to learn about bad credit student loans. You can read more of his work by visiting: http://whalehookloans.com.

What Does A Short Sale On Your Mortgage Mean

The real estate market has hit on some tough times. You may find yourself among the millions of homeowners whose homes have become more worrisome than happy. The short sale of a house is a good method that can help people who are unable to make their monthly payments and need a way out.

A short sale is an agreement by a lender to take less than the principal owed as payment on a loan. The advantage to the lender is that by doing this they can avoid the expense of a foreclosure. Also, the lender really does not want your home, he wants your money.

When a borrower is in default on a mortgage they not only owe the bank payments but also may owe late fees, property inspection fees, attorney fees, etc. This can add up quickly to eat up all the equity the borrower had in the property.

With a foreclosure, the lender can lose up to 40 percent of the mortgage amount because of the extra costs involved with foreclosing on property; attorney fees, court costs, lost interest, eviction costs, property maintenance costs, and selling costs. It is sometimes in the best interest also for the lender to accept the short sale.

In order to be eligible for a short sale a borrower must prove that they are unable to pay their loan and that a foreclosure is pending. The borrower must find a buyer for their house at a price, which is comparable to the market in the area.

Then they must write an explanation of the situation. Financial information will be requested. Finally if the deal is accepted the lender will write off the unpaid debt.

When the lender reviews all of the necessary papers required they may or may not approve the short sale. If they do not approve, they will proceed with the foreclosure. If they do agree to the short sale you will close on the sale of your property and the lender will take the loss.

The borrower is still not off the hook. The lender has the options to try to collect the shortage and may require the borrower to sign a note to repay the shortage. They may also file a collection for the amount of the shortage.

This is something that an attorney with expertise in this area of real estate needs to be consulted. Also, the IRS may come after the borrowers for income taxes on the amount of the shortage. If the shortage was forgiven, the lender will report the shortage as income to the IRS and the IRS will collect taxes on this amount.

Court helps people to learn about college student loans. You can read more of his work by visiting: http://whalehookloans.com.

The Best Way To Get Car Loans

As a general rule, people do not purchase their cars to keep them for a lifetime. With this mindset it has led to a rigorous growth in the loan industry. The customer is "in the drivers seat" as to say and the lenders compete with each other to attract them.

This is the reason why we find the many companies coming up with new packages and deals almost every day. There are some false practices that are exercised by unscrupulous loan providers who aim to make money at any cost.

A borrower has to be on guard and step very carefully while dealing with the lenders so it does not end up to be a costly affair. Here are some simple steps that might help you when selecting a loan.

The first requirement to get the best loan is to research. This means a complete study of rate, terms and conditions offered by the lenders and most importantly by the company's reputation should be checked out in detail.

Secondly, a good rate of interest can be yours by making a larger down payment. This again offers a three-way benefit to the borrower. First, as you will pay a major part of the price of the vehicle as the down payment, it will lower the interest amount payable and provide a long-term savings to the borrower.

And the last suggestion is to choose the suitable term between the two options. If you prefer a low rate, you can choose a longer term of repayment. Or on the other hand, selecting a shorter term will be beneficial in spite of high interest rates if you want to own the car in the least possible time.

Most companies today usually use technical terminology in their policies that often confuse a nonprofessional not in their industry. A good online auto loan lender will provide you with assistance and advice to understand the terms and policies to help you identify with your payment policy.

Today online shopping is the most preferred way of dealing, as it is advantageous in many ways. Finance institutions working online are able to provide cheaper loans as compared to other lenders because they save money not spent on personnel. They are quick and the dealing is hassle free.

Keep in mind that you are the person purchasing the car and financing the loan so hold your ground and stay determined until you get what you want. After all of the paperwork has been signed, it will only be you from there on out and only you that pays the monthly payment.

Court helps people to learn about student loans. You can read more of his work by visiting: http://whalehookloans.com.

College Consolidation Loan Can Help

Need for Education Loan: Getting through college can be tough, and it is really hard on students and their families financially. Almost any career choice now requires at least a four year degree. This translates to thousands of dollars in college loans, even if you qualify for a full Federal Pell Grant, since the grants do not cover the total cost of college. consolidate debt loans can be a wise idea. In the end, it can take the average student up to ten years in their chosen field to pay off their education debt.

College Consolidation Loan Can Help: A college consolidation loan can help when trying to pay off this enormous sum. First, many of the college consolidation loans allow for a deferment, which allows you to get into your career and making money before you have to start repaying the loan. Additionally, you can sometimes get a lower interest rate or a fixed rate by consolidating your college loans. This can work for either students or for parents that have taken out college loans for their children. So consolidate debt loans may be the answer.

Preparing for a College Consolidation Loan: There are a few things that you need to do and consider before shopping around for a college consolidation loan. The first thing that you need to do is make a list of all of your college loans. This list should include the lender, the loan amount, and the interest rate. If the interest rate is variable, note this as well. When your list is complete, calculate the total amount that you will be repaying if you do not consolidate the loans. This gives you a basis for comparison when you begin shopping around for a college consolidation loan.

Calling the Lender: In many cases, all of the college loans will be with one lender. This is because schools tend to contract with certain lenders, and those lenders are used when students apply for financial aid. So, as long as you do all of your schooling at the same college or university, all of your college loans will be through the same lender. If so, this is the first place to start in getting a college consolidation loan. Contact the lender and find out if consolidation is offered, and if so, how much you might save by consolidating. Get other information as well, such as interest rates available, whether or not you can get a fixed rate, and if deferments are available. Do not agree to anything at this point and just get the information! You may find a better deal elsewhere.

Dealing with Telemarketers: Whenever you finish school and your college loans become payable, you will begin to receive tons of phone calls from various college consolidation loan companies. Do not fear them, and take their calls. Get all of the information from them when they first call you, and get contact information in case you decide to go with their company. Basically, this is a good thing. Instead of spending hours searching for and calling college consolidation loan companies, they are coming to you! Just make sure that you are not pushed into anything without getting all of the details and comparing them to other companies as well as the original lender.Try to consolidate debt loans to ease your burden and simplify your debts.

Students troubled with their financial debts, Check your options at http://www.Lingwellness.com and multiple debts payments at:
http://www.Lingwellness.com/collegeconsolidationloan.php
http://www.Lingwellness.com/consolidatedebtloans.php

Geting A Personal Loan

First of all you can always get a personal loan. The question is, what are you willing to live with, provide or gamble with in order to acquire this personal loan?

There are all kinds of fraudulent loan services out there that try to pull you in with their sweet promises of guaranteed loans even if you have bad credit, or if you have been turned down in the past.

Many don't tell you, or try not to tell you that they will charge you an arm and a leg in interest on your loan. Basically, anyone who offers a loan for people with poor credit could be looking for those people with economic problems so the lender can charge higher interest rates and excessive fees.

If you have credit problems, a little time of searching beforehand can help you get approved, and can save you a lot of money in interest charges. It really doesn't take that much longer to find out what the lender wants and then you take care of the problem beforehand.

Try to get your debt to available credit card ration under 50 percent. If you have several credit card payments, try to take one of your cards and pay it off, even if you have to make a smaller payment monthly.

Just be sure to make at least all of the monthly minimum payments to keep everything current. Also, a good point is not to cancel a credit card after you pay it off. Keep it active and charge a little here and there and pay it off each month.

The next tip is regarding your credit score. Before applying for any type of loan, ask the lender what credit bureau they use. For example, if you are buying a car, find out what lenders the dealer uses and what credit bureaus.

If you need a personal loan from a bank or credit union ask the institution which credit bureau they use. Then find out what the lowest score these banks, or institutions will accept.

Next you need to obtain a copy of your credit report and your score and check to make sure everything is correct.

Suppose that you have a low credit score due to problems you may have had in the past. Talk to the lender and see if they would do "hard cases." If not, don't apply and continue to look for another lender.

At least you will now know why you are having such a difficult time in obtaining a personal loan and will be able to start working on your credit status to improve it.

Court helps people to learn about student loan consolidation programs. You can read more of his work by visiting: http://whalehookloans.com.

How To Turn Your Home Equity To Your Profit

One way to develop a real profit from the equity in your home is to use it for other profitable purposes. Purposes, that is, that are more profitable than what it will cost - obviously. With all of that potential cash sitting around, you may have the means to begin making some real profit through investing. Here are a few ways you can do this.

Invest In Stocks

Instead of letting the cash you have in equity just collect dust, why not let it collect interest for you? If you are stock savvy, and know your way around the stock market, this could be for you. While you will be paying low interest rates toward your home equity loan once you get it, familiarity with the market will enable you to make worthwhile and profitable investments. The profit can greatly exceed the interest you pay on a home equity loan. By creating a solid portfolio, which means not investing it all into one stock, you can create a strong safety net for your investments.

Investing in stock, however, is not for everyone. Serious losses are possible if you are not experienced in the market, or do not get advice to help you make wise investment decisions.

Invest In Other Property

Another possible use of your home equity would be to buy another piece of property. Use some of your home equity loan money as a down payment and some of it for the renovations it needs. You can buy another house for the purpose of selling it at a higher price (flipping), or, buy property with the intent of renting it out for a long-term investment.

You will want to be careful here to make sure that you can afford to make the monthly payments if you cannot sell it right away (or do not have renters). It can get you into serious trouble financially, but making sure you become informed as to how to best go about it can reduce the risk. This tactic can get you started in real estate investments.

Invest In Your Own Business

You can use a home equity loan to get started in your own business. It can provide you with needed startup money for equipment, promotion, hiring a secretary or other employees, and you can be on your way. Be sure to keep a cash reserve, though, because you may need it. Starting a business and making it successful are two different things. Make sure that you maintain enough income to handle your monthly payments on your home and your new home equity loan.

Invest In Your Own Home

One way to increase the amount of equity you have is to perform some renovations or additions on your own home. This increases your home's value and will give you more equity to work with - as soon as you build it. Be sure to check with a Realtor first, though, because not all projects will increase the value of your home.

With any investment you make, it is always necessary to get the lowest interest rate that you can on your home equity loan. Make sure your credit report is accurate and that you take other steps to reduce your debt. This will enable you to get the most for your money. Also, be sure to shop around for the best deal.

Joe Kenny writes for http://www.rebuild.org/, visit today for some home equity loan offers here, http://www.rebuild.org/home-equity-loan.html or visit the UK Loan Store for some great homeowner loans here, http://www.ukpersonalloanstore.co.uk/home_loans_doc.html