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Job Loss in the Pandemic

Throughout the last few months, the UK has seen a significant impact on employment rates due to the pandemic.

Classic Car Market: Is it the Right Time to Buy?

If you have a passion for classic cars, you will know that driving them around can be a valuable experience all in itself. But you can only enjoy washing and waxing your prestigious car for so long before you want to take it for a spin. Can you see the cycle you might be in? Well, the issue is for most classic and supercar owners, that you're scared of not getting as much value out of the car and be able to enjoy it at the same time. You sit at the breakfast table looking outside and parked on your driveway, which is a stack of cash but a work of art as well. So, what can you do about it? Or maybe you're a newcomer, looking to buy your first classic car?

The Best Financial Options For A Staycation

The overwhelming majority of people have decided that it's staycation season. Due to the lockdown and the pandemic, travelling abroad for your summer vacation is not something you should consider lightly. It's a serious time, and yet, people want to forget about their worries and have an excellent time out in the sun. But a staycation means you need to consider a few things. Will you be renting a caravan? Will you be taking a mobile trailer to whatever town or village you want to visit? Will you be staying in a cottage instead? What kind of things would you like to experience while you're exploring the hidden parts of your country? Most of all, how much will it cost? If you feel that you have to resort to penny-pinching or there's no vacation at all, you need to be more open-minded. Here's why:

What do our Customers Say about us?

While we can boast about our 30 years of leadership in the consumer credit and finance industry, we know that a lot more goes into providing fantastic customer service than years of experience. From affordable loans to an innovative process, we aim to make sure you get the best experience possible.

Personal Finance Trends Post Lockdown

Post Lockdown: Personal Finance Trends And The Challenges Of The Future

COVID-19 and the resulting lockdown has impacted the world in a variety of ways. This article discusses the impact on personal finance, small businesses, and the action individuals can take in this brave new world.

Short vs Long Term Loans

Differences between Short Term and Long Term Loans

People have financial needs. However, some come at times when people are not financially capable of fulfilling them, and that throws them into a financial crisis. Such are the times people resort to borrowing money to finance their needs. People will borrow money for different reasons and different periods.

Ways to borrow in a Crisis

Ways to Borrow Money in a Crisis

The global coronavirus pandemic is continuing to weigh down heavily on the purse strings of people, not just in the UK, but all over the world. The primary worry on everyone’s mind right now is how to survive through these harsh times because life as we know it is turned upside down. Many businesses have either closed down indefinitely or halted entirely. For this reason, a considerable percentage of workers in the UK are facing economic uncertainty as some are asked to take pay cuts, others are laid off while others just furloughed.

How to get a Loan On Your Prestige Car

Do you know how much money you can borrow against your supercar? Today, it’s possible for you to visit us and request for a Supercar, Classic, or Prestige Equity release. By doing this, you allow us to show you just how much money you can borrow against your car. If looking to free up funds for an investment opportunity or to make new purchases, and are short of ideas, now you know where and how to go about it!

Investment Ideas That Could Change Your Life

It is so important to have control of your financial situation these days, and this is something you need to start working on now. So many people don’t take the time to ensure they are financially comfortable, and this is something that people need to work on as much as possible. There are so many factors to keep in mind if you are serious about seizing control of finances, and one of the biggest things you need to get right these days is to have investments for the future. The world of investing is more accessible than ever before, and this is something you need to make sure you get sorted as much as possible. Preparing and planning for future financial well-being is becoming a greater focus for many people today, and the diversity of investment opportunities these days is helping to fuel this.

COVID-19: Keeping Your Car Road Ready

While many people are concerned with things like flour, eggs and toilet paper, there is something else that is worth more than a fleeting thought. The car that is currently sitting gathering dust (unless you are a frontline worker).

Coronavirus Impact on the Car Industry

Financial regulators have proposed a brand-new set of payment freezes to try and help those who are struggling to make their payments on payday loans, car finance deals and even buy now and pay later schemes. This all comes down to the coronavirus pandemic. It’s time to look under the hood to see if the car industry has been hit as badly as some people claim.

Everything You Need To Know About Loan Deferment During COVID-19

The world is poised in a bizarre position right now. COVID-19 has come along and disrupted life for just about everyone. This means that a lot of people are either temporarily without a job, furloughed, permanently let go, or have to face a pay cut. You are most likely in this situation, or this pandemic has at least disrupted you to the point where your income isn't as steady as it usually is.

What you need to know about loan interest rates

What you need to know about loan interest rates

When you are applying for a loan, one of the main factors that you need to consider is the interest rates that are offered. From logbook loans to payday loans; different rates are offered per lender and per loan type. Therefore, it is critical to understand how interest rates work so you can make sure the loan is affordable for you. With that being said, continue reading to discover everything that you need to know below.

How the Government's coronavirus loan scheme for businesses works

At the moment, a lot of people are worried about their financial future. The coronavirus has turned the nation upside down. Businesses are closed. We don’t know when they will open again. And, for a lot of business owners, they fear they may never be able to open their doors again due to severe financial pressure. If you fall into this category, the government has announced some measures to help you through this period. One of these measures is the Coronavirus Loan Scheme. Read on to discover everything you need to know about this and how it works.

A full proof loan during lockdown

Apply Exclusively Online. No Home Visit is Required!

If you’re looking for a loan on your vehicle and you want the most comprehensive and assured deal from a lender that’s reliable and fair, look no further than LoanOnYourCar.com. In these testing times, we’re here for you and continuing to offer a full range of services when you need them most, so don’t feel like you’re alone with no option to turn to.

Are Alternative Loans Right For You?

The Rise Of Alternative & Non-Bank Lending

The last twenty years will be looked back on as a watershed moment in the finance industry. The recession prompted financial institutions and traditional banks to rein in their lending practices.

How will Coronavirus affect your finances?

The coronavirus is a global pandemic, the likes of which we have never seen. In fact, it has resulted in an acute humanitarian crisis across much of the world. However, it is not just the disease that is problematic, but the economic hardship that many are expiring because of it.

Digitisation in Lending Market

The lending market is transforming in large and unprecedented ways as of late. One of the biggest agents of change in the market is digitisation. Digital technology is changing the ways that lenders offer better deals to their customers and using data to ensure that customers are getting loans better catered to them. Furthermore, digitisation is making the credit market much more flexible and much more convenient, allowing for green lending and greater loan security.

Loan and Income. A special relationship.

From time to time, it’s common to need something of a leg-up financially, and for those larger purchases that can’t so easily be made by dipping into savings or reining in spending for a month, there is often no choice but to seek a loan - but as anyone who has borrowed money recently knows, this is not something that can be done easily. Since the 2008 financial crisis, lending has been harder to access - for good reasons in many cases, as we shall see - and this has meant the need for more innovative approaches to the process.

Heavy Debt Load? Learn how to get out of debt!

When you’re in the depths of debt, it can sometimes seem like you’re closed in with no options to choose from. However, that’s far from the truth. So long as you’re willing to take action, there will always be a road out of debt. It might not be easy, it might require you to build a budget, and it might require you make further use of your credit, but when faced with a financial crisis, taking the hard way out is often better than the alternative of staying in debt.

Direct Lenders going Green

January 2016 saw the successful launch of the Green Finance Initiative. The initiative was conceived and set up by the City of London Corporation which is responsible for running Londons’s Square Mile.

Consumer confidence. How to borrow more efficiently.

Have you found yourself in the position whereby you need to borrow money? If so, there are various options that you have at your disposal. Consumer confidence in borrowing money is higher than ever before, and people have lots of viable options available in terms of consumer credit. Some of us are lucky enough to have friends or family members that can help. However, the rest of us need to resort to different measures. One of the most common options is to take out a payday loan. Nonetheless, if you assess your options further you will see that a logbook loan is a much better option.

Vehicle Equity Release, better than Logbook Loans

Logbook loans have long been considered a quick and easy way to get access to money when it's most needed. However, concerns about the methods used by logbook loan companies has led to a steady decline in their use, and alternative options are rapidly seeing logbook loans become the loan option that is best avoided.

How can I get a loan against my car?

When you have bad credit, it can be difficult to borrow money when you need it, but there are many situations where you might need a short or long-term loan. At LoanOnYourCar.com, we allow you to borrow against your vehicle’s equity, so there are no credit checks and no guarantor required. All you have to do is speak to one of our advisors for a quick service that’s free from hidden charges or fees.

Why Car Equity Release is better than a Logbook Loan

Logbook loans are a high-risk way to get fast cash when you need it. Outdated legal frameworks make them a dangerous option for those struggling with finances. Car equity loans are an alternative option that could ease the financial strain while delivering lower interest rates and easier repayment methods.

How to Finance a Wedding, Our Top Tips

Take Control of your Wedding Budget

The dress, the ring, the cake, the venue, the food; if there’s one thing for certain, it’s that weddings don’t come cheap. When you consider the fact that the average cost of such an event is a breathtaking £30,000, you’ll find it no surprise that most engaged couples budget for years in order to be able to afford their big day. It’s either that or start married life saddled with massive amounts of debt.

How to Best Finance a Major Purchase

There are many things that cannot simply be purchased on a whim. In fact, it is often better to save up for better quality products that will last you longer and work better in the long run. Though they come with a hefty price tag, the reality is that they will cost less than a cheaper alternative that you need to buy again and again.

How can I get a loan with bad credit?

If you have bad credit, there are still options available when you need a loan. Borrowing against your car, also known as a vehicle equity release, allows you to take out a loan without a credit check, which means your credit rating is unaffected. LoanOnYourCar.com allow you to borrow amounts from £500 to £100k, with favourable interest rates.

Household Bills: How Shopping Around Can Save You Money

Save Money on Household Bills

Have you ever wondered how you can save more money on your household bills? If so, then it’s high time you stopped wondering and started shopping around.

Top 10 Biggest Assets People Purchase

Make the most of your Money

Banks are now offering an exceedingly low amount of money in exchange for your savings, which means a trend is growing whereby individuals are investing their money in assets which have the potential to earn more money, or simply to increase in value. In an ever-changing world, many can seek peace of mind by knowing that they have invested in an asset that will increase their capital and help maintain their lifestyle.

Can Switching to an Electric Car Save Money?

Switching to an electric car can save you money in the long term, but until the price of an electric car comes down it's going to take a few years of ownership before you see real savings.

How Will Leaving the EU Affect Your Finances?

How Brexit might change the Cost of Living

It’s been all over the news for years now, and yet Brexit has come to be so muddled in party politics and misinformation that it can be difficult to know exactly how leaving the EU will affect your personal finances. Add to this confusion the fact that, three months off, it’s still unclear which way the pendulum will swing, there’s little wonder why more and more people are searching the internet to see how exactly Brexit might change their financial health or affect their cashflow. This article takes a look at this complex issue, mapping out some of the facts, and some of the unknowns.

Is Your Pension Big Enough?

Saving for retirement is something that everyone is aware of, but many people don’t worry about it until later on in life. Having a pension ready for retirement is vital, not only for security and peace of mind for the future but for the quality of life you could receive when you do retire. A lot of people are still unsure about the amount of pension they need.

Ways to Pay Off Your Overdraft and Credit Cards

Clear your debts effectively

The problem with overdrafts and credit cards are that they are akin to a mystical illusion of debt, as it’s almost like if you can’t see them they are not real. But this couldn’t be further from the truth as if you allow these kinds of debts to rack up, you could find yourself in serious financial trouble.

Best Ways to Invest in the Stock Market

The stock market is a way to get big, fast. It is also a great way to become broke in the blink of an eye. There is a reason why those who work professionally on wall street as stockbrokers retire so early; it’s because they burn themselves out. A professional stockbroker is on the job 24/7 and has little time to do anything else. This has caused a hard-party lifestyle that is unsustainable and dangerous, and they’re the ones who work for a company and have a degree in the subject.

What should you consider when buying a second-hand car?

11 things to consider when buying a second-hand car

Budget, Test Drive, Research on Model, Check Cars History, Collision Damage, Pre-Purchase Inspection, Online Reviews, Assess Running Costs, Negotiating Price, Timing of Purchase, Purchase Process.

What are the Alternatives to Short-Term Pay Day Loans?

Bills and unexpected costs don’t care what day of the month it is. They don’t care if you’re days or weeks away from your next payday. They come as they please and in many cases, they kick us when we’re already down when we do.

The Importance of Setting Financial Goals

Like with any other worthwhile activity, when it comes to the task of building your wealth, you’re going to have to take it seriously. Your money isn’t going to grow if you have a lackadaisical attitude or take a careless approach to earning and saving. Therefore, you have to devote your time and effort to the cause if you really want to see your bank account flourish.

The many faces of personal loans, but which is right for you?

Choose the right loan for you

Loans are accepted every day for a wide variety of reasons for people from every walk of life, but not all loans are the same. There are several different types of loan with varying terms of repayment, different rates of interest and not all loans are available to everyone. Choosing the right loan for your situation could open the door to the next stage of your life or, at the very least, make a difference in your quality of life. However, it’s a decision which needs to be made with caution as the wrong choice could cause you serious financial problems in the future. If you’re confused about all the different types of loans which are available and unsure which is right for you, this guide will help you understand the differences.

Breaking the taboo of talking about money

Money can be a bit of an overwhelming subject for some people, let alone talking about it openly with friends and family. There is a reluctance to open up and speak about financial statuses and challenges, known as the ‘money talk taboo.’ Money tops the list of uncomfortable subjects, beating out many other touchy subjects, including religion, politics, health and weight, and love life.

Are You Earning What You’re Worth?

Get to Know your salary range

Trying to measure your worth is a tricky question because how can anyone really know their value compared to the next person. However, whether you’re looking for a new job or looking to start discussions for a pay rise, knowing where your salary lies can be valuable information to know.

What's the Future for Cash

Physical vs Digital Cash

Thanks to technology, there are now a plethora of different ways to pay for the things that you want and need in life. Debit cards, credit cards, contactless cards, mobile payments, and, most recently, cryptocurrencies. One thing you’re not short on in today’s tech-driven world is choice.

How to Make Your Salary Go Further!

Living from payday to payday is not sustainable. It is stressful, dangerous, and does nothing to support your future. You need to reconfigure your spending habits and even consider making drastic changes – like moving to a cheaper flat, if possible – so that you can have money at the end of the month to put away into savings. Until you can do that you are not living well, and one day an unexpected bill or job loss will come your way and throw your house of cards to the wind.

How A Logbook Loan or Vehicle Equity Release Can Help In A Financial Emergency

Life can sometimes throw up the unexpected. No matter how financially stable things may seem, sometimes, crises can occur that can, unfortunately, leave you out of pocket. Nobody likes an unexpected bill coming through their door, and even worse, is to find yourself in a situation where you are unable to pay for it!

Ideas to Entertain the Kids During the Holidays

Cheap and Fun days out with your family

The summer holidays and fast approaching, which for many parents, can be a cause for concern. Six weeks can be a long time to keep your children entertained, especially when you don’t have the funds to take them to Disneyland Paris. There are, however, many inexpensive days out, but also easy ways to generate money for a fun-filled holiday. Remember, your kids will love spending time with you and their friends, more than having lots of money spent on them. Here are examples of cheap days out and ideas to keep your little ones entertained during the upcoming holidays.

Money Saving Date Nights That You’ll Both Love

Over the years, your relationship will have been through many great things; you could have bought your first house together, got married, and had children, but it also might have seen many struggles, including financial. This financial strain can affect any good relationship, and as a result, you will have had to sacrifice a lot of things that make the two of you happy. Help is at hand with our guide to money-saving date nights!

How You Can Save Money on Car Insurance

It’s illegal to drive without being properly insured, and for good reason. Regardless of whether you were the victim or the perpetrator in an accident, your insurance will cover you and that way, even if you were hit by someone who was uninsured, your vehicle and expenses will still be paid for in full, having insurance is non-negotiable, but that doesn’t mean you can't negotiate on the price.

There are plenty of ways that you can save money on your car insurance, but you’ll need to start working on a strategy and putting the steps into action today.

How to Raise Money for Unexpected Expenses

Life is far from predictable. Though some unpredictability is great, others, like an unexpected expense, will always hit you when you’re down. Not being able to accommodate this expense can easily put you into debt or put your health at risk. If your boiler breaks down, for example, and you don’t have the money to repair it, what do you do? Following this guide, you will be able to secure yourself better financially and know where to turn to for emergency cash.

If you own your own home, then you cannot just call up your landlord and request that they fix it. It is you who is responsible for the repair, or worse, the replacement. So how do you accommodate unexpected costs like that? How can you improve your finances and acquire money when you already seem at the end of your rope? Unless you have already done all you can to reduce your expenses, chances are the answers are in your spending habits.