New year could be the right time for secured loans
28/12/2007Consumers considering a secured loan or debt consolidation have been advised this week that new year is the best time to get on top of their finances.
A spokesman for Thomas Charles & Co (TC&C), said this week that consumers should be acting now to get finances in order and that the beginning of the year is the best time to evaluate their debt.
James Falla, director of TC&C, said that following Christmas it can often be difficult to get spending under control but that psychologically it was the right time to "turn over a new leaf".
"If people are going to start sorting their finances out, this is absolutely the right time to be doing it," he added.
According to recent research from the group, around 15 per cent of consumers in the UK are in debt of over £10,000 and that overall men are more indebted than women.
Many people find that a secured loan or debt consolidation loan can be an easy way to get their finances under control.
 © Adfero Ltd
<< Back to News page
|