23rd Sep '08 - Going Back To Uni? Try A Secured Loan
Posted on Tuesday, September 23rd, 2008 at 11:06am
Secured loans could take pressure off homeowners considering going back to university, after figures released by Abbey reveal that half of those questioned are prepared to sell their possessions.
Volunteering as a medical research subject is an option considered by five per cent of those studying for a degree, while union shops are worried that packed lunches will be favoured over food bought in university shops.
"Students more than ever will need to set themselves a strict budget and should ensure that they are shopping around for the best deals, this includes financial products such as the bank account they use," advises Abbey director of banking Steve Shore.
The economic crisis means that 22 per cent of the general public view selling their possessions - including on auction sites such as eBay - as a way to make money.
And Abbey found that 84 per cent of those in the UK are cutting back on non-essentials to save extra cash.
Secured loans can help students and other homeowners finance themselves, either through university or when paying for things including home renovations and holidays.
Volunteering as a medical research subject is an option considered by five per cent of those studying for a degree, while union shops are worried that packed lunches will be favoured over food bought in university shops.
"Students more than ever will need to set themselves a strict budget and should ensure that they are shopping around for the best deals, this includes financial products such as the bank account they use," advises Abbey director of banking Steve Shore.
The economic crisis means that 22 per cent of the general public view selling their possessions - including on auction sites such as eBay - as a way to make money.
And Abbey found that 84 per cent of those in the UK are cutting back on non-essentials to save extra cash.
Secured loans can help students and other homeowners finance themselves, either through university or when paying for things including home renovations and holidays.

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