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New Type Of Customer Encountering Crisis’s With Secured Loans And Mortgages Debt advice experts have seen an increase in the numbers of middle class people wanting financial help rise by up to 500 per cent, as middle Britain suffers an overwhelming debt crisis. Archbishop Speaks Out About Rising Loan And Mortgage Costs For Young People The Archbishop of Canterbury has called for action to help young people in Britain who are struggling with excessive debts, whilst also raising concerns about the growing wealth gap between the rich and the poor in the UK. Banks Raise Interest Rates On Loans Despite Base Rate Cuts It appears that banks are pushing up the cost of personal loans to help boost their profit margins, despite a decision by the Bank of England to cut the base rate on three occasions. Rates For Secured Loans Closing On Personal Loans The average rates for secured loans are beginning to get closer to the rates offered for unsecured personal loans according to research carried out by Moneyexpert.com. Borrowers Warned Over PPI On Loans, As Banks Further Increase Lending Rates New research from financial information company, Moneyfacts, has shown that borrowers are to face rising repayment terms on their personal loans which will leave many people with a financial headache.

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