Fundublog Loans - Everything one needs to know

Increasing numbers of hard-pressed homeowners and tenants are turning to personal loans and credit cards to fund their housing costs.

More than 4 million households have taken out a personal loan or credit card to cover their mortgage or rental costs in the past year, according to a survey by comparison service Moneysupermarket.com.

Tim Moss, head of loans and debt at Moneysupermarket.com, said: “It’s a very serious situation when you have people turning to a short-term solution to fund a long-term product. Read more
Courtesy: business.timesonline.co.uk

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