Posts from August, 2008

29th Aug '08 - We?ve Got to Stay Together ? For the Sake of the Money

Posted on Friday, August 29th, 2008 at 5:27pm
Would you be happy to stay with a partner who was driving you mad just for the sake of cheaper bills?

Well, one survey suggests some of us might.

Research by online bank cahoot has found 12.4 million people in the UK would be reluctant to split up with their current boyfriend or girlfriend for fear they would not manage financially.

Men were the most unwilling to end a relationship during the credit crunch, with 30 per cent saying they intended to stay with their partner at least until the economic climate improved, compared to 25 per cent of women.

Maybe, they should just consider a loan?

29th Aug '08 - Bank of Mum and Dad Runs Dry

Posted on Friday, August 29th, 2008 at 3:55pm
New research suggests it might be time to stop sponging off the bank of mum and dad.

A survey by Chelsea Building Society reveals 30 per cent of people say the credit crunch means they are no longer able to bail out family members who find themselves in financial strife.

Although 54 per cent happily provide accommodation free of charge and 51 per cent say they will take the kids while a family member goes out to work, they are no longer able to dole out handouts.

Maybe the time has come to approach an official loan provider?

Bank of Mum & Dad Runs Dry

Posted on Wednesday, August 27th, 2008 at 2:48pm

New research suggests it might be time to stop sponging off the bank of mum and dad.

A survey by Chelsea Building Society reveals 30 per cent of people say the credit crunch means they are no longer able to bail out family members who find themselves in financial strife.

Although 54 per cent happily provide accommodation free of charge and 51 per cent say they will take the kids while a family member goes out to work, they are no longer able to dole out handouts.

Maybe the time has come to approach an official loan provider?

Gotta Stay Together for the Sake of Money

Posted on Wednesday, August 20th, 2008 at 2:51pm

Would you be happy to stay with a partner who was driving you mad just for the sake of cheaper bills?

Well, one survey suggests some of us might.

Research by online bank cahoot has found 12.4 million people in the UK would be reluctant to split up with their current boyfriend or girlfriend for fear they would not manage financially.

Maybe, they should just consider a loan?

Taking the Plunge

Posted on Wednesday, August 13th, 2008 at 5:00pm

I’m lucky I bought my first gaff when I did, a couple of years ago before this whole credit crunch thing kicked in. What with it now being near impossible to get a first mortgage, I’d have no chance today and would probably still be pouring my money down the drain by renting if I hadn’t take the leap.

It’s no surprise really that approvals for mortgage loans have more than halved over the last year. I bet I’m not the only one letting out a sigh of relief after deciding to take the plunge a few years back.

No Escaping That Student Loan :-(

Posted on Wednesday, August 06th, 2008 at 4:29pm

I always thought that if I went bankrupt my student loan would get scrubbed. But, as I’ve just found out, that’s not the way it works. I’ve also just discovered that fleeing abroad for a few years won’t get me out of paying back all the money I blew on kebabs and cheap cider.

So it looks like those evil monthly payments to the Student Loans Company are going to have to carry on being taken out of my pay packet for a few more years yet. Not fair.


15.9% APR Typical variable

WARNING: THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. LOANS ARE SECURED ON YOUR HOME. ALL LOANS SUBJECT TO STATUS.