Rising petrol and diesel prices in June were the main factors responsible for a 2.9% annual rise in consumer prices, along with fewer discounts on clothing, The Guardian reports.

This was the highest year-on-year inflation increase since April last year and the June retail price index measure of inflation, which is used as the benchmark for many pay deals, also increased to 3.3% from 3.1% in May. However, wages, excluding bonuses, rose by only 0.9%, a rate that could not compensate for the fast increase in consumer prices and in real terms means that wages are falling. With bonuses included, wages rose by just 1.3% during the year. Continue reading “Fuel Prices Push Up Cost of Living” →

The starting point for a debt-free strategy is to devise a monthly budget that reflects reality and make sure you stick to it. This should include all regular income and expenditure as well as any bigger buys that you know in advance you need to make over a larger period, say a year, for items such as home repairs, a car or an appliance. Once your budget is ready, you can start curbing your expenses with the following tips and tricks. Continue reading “Cut Everyday Costs, Stay Out Of Debt” →

How much can I borrow?

Logbook Loans: Car Cash Point Logbook Loans range from £500 – £50,000.

Motor buy back schemes:
Motor buy back schemes offer customers loans from £500 – £10,000, however, if you only require a £500 loan and your car is worth £5000, you will need to sell the car in full in order to get the loan.

Pay day loans:
Typical loans are from £500 – £1,200 maximum.

How much does it cost?

Continue reading “Read our exclusive guide to Logbook Loans vs. Motor Buy Back Schemes vs. Payday Loans” →

During the past few years there has been a dramatic increase in the number of people facing financial difficulty. Regrettably, there has also been a growth in the number of small, opportunist and often unethical Logbook and Payday Loan companies. Such companies may offer a quick loan often using extortionate interest rates, high fees and unscrupulous tactics for dealing with late repayments. Continue reading “Not all Logbook Loan Companies are created Equal” →

The demand for immediate short term credit is growing rapidly and recent evidence from lenders indicates that approval rates for loans are at an all time low. It is argued that the low approval rates are due to a combination of the individual’s credit history and ability to repay and/or the suitability of the security. This suggests that there are still a significant number of individuals whose credit needs remain unfulfilled.

The newest and most promising method of securing an immediate cash loan for customers with bad credit history or even made bankrupt is a logbook loan. This type of secured lending has quickly become a popular choice among borrowers because of its low risk and available of an immediate cash loan. Continue reading “New Short Term Loans against Your Car” →

A log book loan is a type of secured loan. These loans are secured on your car or other vehicle. The borrower will look to release the cash from his or her car by using it as collateral. If they fail to repay the loan then the lender can seize and sell the car in order to get back whatever money they are still owed. This lessens the risk to the lender who is then happy to lend and issue the loans within 24 hours of application. The lender will retain the owners V5 Logbook for the duration of the loan until the customer has re-paid in accordance with the loan agreement. Continue reading “A guide to a Logbook Loan” →