It is unfortunately true that a lot of us within the United Kingdom are really feeling the pinch of the credit crunch and the pennies just don't seem to want to mount up for anything at all. If you are trying to get enough money together to make that special purchase such as for a new car, a caravan or that amazing holiday with family, there is still a way to finance it without choosing one of the un rewarding loans in the bank shop window.
Even though it is probably hard to believe the financial experts are convincing us that there are still some decent and fair loans on offer, it's just you will have to look a little longer and harder and perhaps at come less well known names instead of the high street banks and building societies we are more used to. Some of the more famous banks are charging a shocking 12% more than the most competitive loan offers out there!
Did you know that with a lot of big banks only 66% of people get the rating of interest and APR that's advertised on the posters? The rest will be offered either more or less than advertised depending on their individual situations and financial history. So, due to this, it's often even worth seeing what these banks will offer if there is no other option if you have a good credit rating.
If you manage to get a great deal be sure to only take out the amount you need, and to work out how much that is in advance so you are not left in the lurch either way of having too little or too much. It is always important that you make sure you are going to be able to comfortably make all the repayments each month, as you simply won't enjoy your new "toy" if you are always worrying about how to pay for it!
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