Posted by | Category Blog | Date 25 April 2018

Trends in Digital Banking

We saw a financial crisis in the United Kingdom in the first decade of the 21st Century.  This crisis led to the rigorous regulation of the banking industry by central banks and government authorities which we see today. The banks were instituting over-complex systems which aimed to integrate the needs of old-fashioned business models and catering to the mores of the existing regulations.As a result, plenty of investment

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Posted by | Category Blog | Date 17 April 2018

Case Study: Dan and His Garage Business

This is a real case study from a client that was funded through Guarantor Loan Comparison. The name of the individual has been changed for confidential purposes.After working for 14 years in his Uncles Bob's Garage, first as an Apprentice and more recently as the Floor Manager, Dan decided to go it alone.He spoke to his Uncle about his plans, specifying that he would work out of area

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Posted by | Category Blog | Date 11 April 2018

Benefits of Credit Cards

Sometimes referred to as a “necessary evil” is the credit card. Credit cards are seen to have a bad reputation by some – it seems that if someone finds themselves in debt or over-extended, the finger is always pointed at credit cards. It is correct that credit cards can be a reason for someone finding themselves in debt, but there are many other reasons why a person can find themselves

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Posted by | Category Blog | Date 10 April 2018

Tanya’s credit record did not stop her expanding her business

This is a real case study from a client that was funded through Guarantor Loan Comparison. The name of the individual has been changed for confidential purposes.We all like a happy ending, don’t we?. Well, when Tanya (aged 26) approached one of our guarantor lenders for a loan to expand her business she thought it unlikely.She was self employed, had several late payments, a judgement from a few

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Posted by | Category Blog | Date 04 April 2018

Opinion Piece: The Payday Myth

Payday loans are expensive with APR’s in the 000’s, the lenders involved prey on the poor and there isn’t a place for them in the UK lending space. This is what the likes of the Daily Mail (see below) would have you believe. But is that fact or just a headline grabbing story to feed readers prejudices? Personally I think there are two sides to every story, and whilst I am

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