All Entries Tagged With: "secured loans"
Bad Credit Mortgage Demand Increases As London Tops The Consumer Bad Debt Table
Consumer bad debt continues to increase in the South East and in London City in particular. Bad credit mortgage figures aren’t even included in the statistics as they’re based solely on unsecured debt, according to a recent survey.
The largest indebted districts are the City of London with average consumer borrowing of £41,002! This is followed [...]
August 18, 2008 | badcredit | Comments 0
Huge Rise In Repossessions – Need For Bad Credit Arrears and CCJ Mortgages
Existing bad credit mortgages and an increase in mortgage arrears have resulted in the huge rise in repossessions to 18,900 in the first half of 2008.
The vast increase in cases of lenders repossessing property is very worrying. This figure is significantly higher than 13,400 in the second half of 2007 and extremely higher than the [...]
August 14, 2008 | badcredit | Comments 0