Unwanted interest has come from sources including industry regulator, the Competition Commission (CC), following an Office of Fair Trading (OFT) investigation which was in turn sparked by a super-complaint lodged by the National Consumer Council (NCC). Doorstep loans offer small short-term loans to people who are on low incomes or without access to bank accounts, [...]
Archive for July, 2010
Disadvantages of a Home Equity Loan
July 18th, 2010
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A home equity loan is money that can be borrowed from homeowners using the equity in their home. With this type of loan, a homeowner is able to borrow up to $100,000 against the value of their home. The interest on a home equity loan is tax deductible. There are two types of home equity [...]
