The UK has been in a recession for over a year now. There is no sign of the recession going away any time soon and the reality is, more and more people are faced with having bad credit. Homes are being repossessed at an alarming rate and those who still have a hold on their [...]
Ever since the UK first began to feel the serious effects of the credit crisis, sometime in late 2007, the financial landscape has significantly changed. With banks like Northern Rock, Halifax and RBS all falling victim to the rippling effects of the global crisis lenders have tightened up their criteria to who they will lend [...]
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