UK Top 10 For ‘Poor Credit Loans’

UK Top 10 For ‘Poor Credit Loans’










Newton Abbot, Devon, UK (PRWEB) October 26, 2008

London and Birmingham are Britain’s two big debt hot spots when it comes to loans for people with poor credit.

They top a league table of demand for ‘bad credit loans’, according to a new report from unsecured loans specialist Credit Problems No Problem (http://www.creditproblemsnoproblem.co.uk).

Debt experts at Credit Problems No Problem have compiled a top 10 of locations for poor credit loans based on the numbers of applications received from across the UK:

1st – London

2nd – Birmingham

3rd – Sheffield

4th – Northern Ireland

5th – Cardiff

6th – Swansea

7th – Manchester

8th – Portsmouth

9th (joint) – Liverpool and Nottingham.

As the Credit Crunch gets worse, Credit Problems No Problem is seeing growing demand for fast unsecured loans from families across the UK.

Debt consolidation, home improvements, holidays and weddings are the most popular reasons cited by people with adverse credit seeking easy unsecured loans.

The new research from Credit Problems No Problem reveals that:

Northerners and Midlanders are collectively three times more likely than Southerners to apply for an unsecured loan for debt consolidation
Southerners are 50 per cent more than likely than Northerners to need an unsecured loan to finance home improvements
one-third more Northerners than Southerners require an unsecured loan to help them purchase their car.

However, some cash-strapped families are having to apply for unsecured tenant loans simply to pay their rent arrears.

“Borrowers are applying to us from across the UK but our research clearly demonstrates that there are concentrations of demand in London, the Midlands, North West and Wales,” said a spokesman for Credit Problems No Problem, which helps people with credit histories impaired by CCJs and defaults to source simple, fuss-free unsecured loans.

Credit Problems No Problem holds a Consumer Credit Licence issued by the Office of Fair Trading. The company is also covered by the Financial Ombudsman.

Credit Problems No Problem is also registered with the Information Commissioner’s Office for Data Protection.

For rapid help, phone 0800 412 5634 or visit http://www.creditproblemsnoproblem.co.uk

Notes For Editors

http://www.creditproblemsnoproblem.co.uk

Credit Problems No Problem Ltd

TBC House

Cavalier Road

Newton Abbot

TQ12 6TZ

United Kingdom

Tel: 0800 412 5634

Credit Problems No Problem was formed in 2003, bringing together a team of specialists that together offers 26 years of expertise to help applicants gain the unsecured loans they need.

From its UK head office in Devon, Credit Problems No Problem operates across Britain, sourcing loans for people with bad credit.

Credit Problems No Problem holds a Consumer Credit Licence issued by the Office of Fair Trading. The company is also covered by the Financial Ombudsman.

Credit Problems No Problem is also registered with the Information Commissioner’s Office for Data Protection.

No fuss service – guaranteed.

October 2008

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One Response to “UK Top 10 For ‘Poor Credit Loans’”

  1. Werner Woodard says:

    ehmm i think this blog very famous ..

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