Christmas Shopping on ‘Super Saturday’ is likely to beat ‘Black Friday’ in 2018
Many people wait until the weekend before Christmas to do most of their Christmas shopping. This may be down to convenience of finally being off work for a few days or weeks, or it may be down to disorganisation. Whatever the reason, this coming Saturday (22nd of December) is set to be the biggest spending day of the year, even outdoing Black Friday which is famously the biggest day for
Read MoreDoes a guarantor have any rights?
If you become a guarantor you might think that you are signing your life away - and you may be wondering if you have any rights. The answer is yes and no. For starters, being a guarantor means that you have an obligation to cover any payments that are not made by the main beneficiary. So if you have agreed to co-sign a loan agreement with a family member or
Read MoreAmigo Loans Reports 40% Rise in Profits
Guarantor loan market leader, Amigo Loans, posted a 40% increase in profits this year, despite a 1.15% fall in share price at 262p. The Bournemouth based lender floated on the stock exchange earlier this year with a £1.3 billion valuation which pocketed £327 million for the founders of the company. The firm has since raised £150 million in the form of securitisation, taking their loan book into a
Read MoreBlack Friday Statistics
The Black Friday frenzy is upon us! Whilst the 'holiday' used to be a way for American companies to see their profits to go from the red into the black after Thanksgiving, the discounting day has become a worldwide phenomena and the UK has jumped on the bandwagon. Here are some quick stats on Black Friday for you: Expected spending to be £7 billion this year, up from £4.5
Read MoreArchbishop Welby Fails To Get Momentum For Loans Alternative
Britain's Archbishop of Canterbury, Justin Welby, has failed to get momentum in his war against 'high cost loans.' The regularly outspoken minister has always spoken openly about his war against high cost loans such as payday loans and other forms of high cost-credit. The Archbishop received a recent surge to his campaign against high cost lending when the market leader's Wonga, recent announced its administration. This comes falling an
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