Tuesday, March 25, 2008

Low Income Borrowers Pushed to Higher Rates

Business for lenders who specialise in lending to low income groups has increased as many high Street banks make it more difficult to borrow. About 7 million people in the U.K. have difficulties obtaining mainstream credit, according to the British Financial Services Authority.However, many Mortgage Lenders are reporting difficulties in borrowing enough money in the [...]

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[Source: Finance Blog]

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