Loan News
Nemo implements Semafone to make telephone payments secure
Nemo Personal Finance Limited, the secured loans provider, has implemented technology from Semafone to ensure that customer payments by telephone are compliant with Payment Card Industry (PCI) security regulations.
How a DMP can help with problem debts
A debt management plan (DMP) is a common way of dealing with debts that are spiralling and causing you problems.
23% more homeowner loans taken out in 2012
2012 saw gross lending in secured loans surge to £351.9m, according to the latest Secured Loan Index. The increase exceeds the forecasts made in September’s Index, which predicted gross lending would reach £350m.
Clean up your credit profile in 2013
In the aftermath of Christmas 2012's debts, more than one in six people may be looking to consolidate their debts or take out new loans or credit cards this New Year, according to a recent poll from MoneySupermarket.
2012 sees unusual and high value assets used as collateral for loans
borro, UK leading personal asset lender, saw a host of unusual and high value assets come through the doors of its vaults in 2012 - to be used as collateral for loans.
2012 - The year of personal asset lending
The year of 2012 has seen many of the UK's wealthy ditch the banks, and turn to their assets for finance - unlocking the value of personal assets ranging from fine wine and prestige cars to fine art and antiques.
Borro’s bridging loans gain popularity in 2012
As the nation continues to seek alternative sources of finance, borro – UK personal asset lender - has seen a 64% rise in loans to clients for bridging purposes in 2012.
3 in 4 of those in debt say money worries are harming their health
Debt problems are affecting almost every aspect of people's lives, having a damaging impact on their work and home lives, family relationships and health, according to the results of a new Citizens Advice survey.
Brits turn to fine wine collections to access finance
People are using their fine wine collections to access finance, according to new analysis from borro, the UK personal asset lender. Since this period last year, borro has seen a 244% increase in loan value of vintage wine collections.
The Pros and Cons of an IVA
An Individual Voluntary Arrangement (IVA) is often an alternative to bankruptcy if you have unsecured debts with multiple creditors that you’re struggling to repay.
Fine art is latest form of finance for wealthy
Brits are turning to fine art and sculpture to access finance, according to analysis from borro, the UK personal asset lender. Since this period last year, borro has seen a 21.7% increase in the loan value of art.
Bank of Mum & Dad - Parents owed over £13 billion by their kids
British parents are currently owed more than £13 BILLION - by their own kids, a study has revealed.
Brits dive into dazzling diamond and gem collections for finance
borro, UK personal asset lender, has seen a stunning array of unique jewels and gems come through its vault doors, as more and more Brits use their valuable jewellery collections as collateral for finance.
The best things in debt advice are free
Research launched by Lloyds Banking Group and the Money Advice Trust has raised several concerns over the practice of struggling households being charged fees for debt management plans.
borro sees property related loan applications rise 183%
borro, UK personal asset lender, has seen a 183% rise in property related loan applications from customers from 2011 to 2012, with the average loan value against all property related loans currently standing at £19,500.