06/01/2010 by bill.

Want to start afresh this year, but don’t fancy the high loan rates on the High Street? If you want to cut up the credit cards for good, invest in a new motor, or even want to give your home a fresh look, why not try Zopa? If you have a good credit rating, the lending and borrowing marketplace can offer you some of the best personal loan rates around.

More than 300,000 people have joined the UK’s only social lending website, and with rates up to 40% cheaper than the High Street banks, it’s clear why. Plus, you’re borrowing from real people, not lining the pockets of the banks.

And if your circumstances change and you want to pay off your loan early, no problem! There are no early repayment charges so you can repay as much as you want, when you like. Why be penalised for paying off your debts?

Get your free, no obligation quote (that won’t affect your credit rating) here!

See moneyjungle.net for more about managing your personal finances in 2010.

Posted in Personal loans, Finance | Print | No Comments »

24/04/2009 by bill.

Following the budget announcement of the car scrappage scheme, several manauafacturers are already advertising deals. The scheme means that you can get £2000 allowance when you trade in a car that is at least 10 years old for a new one. The government contributes £1000 and the car manuafacturer the other £1000 and not all manufacturers are expected to join the scheme because of this requirement.

However, it is clear that other manufacturers are not only promoting the sheme but offering additional discounts or attractive finance deals as well.

By the way, don’t be tempted to rush out to buy an old banger to trade in, the trade in vehicle has to have been registered in your name for 12 months and the scheme is due to end in March 2010.

So is now the time to buy a new car? Well there are deals to be had but many drivers may feel that buying a nearly new secondhand car represents better value by avoiding the big first year depreciation. It also depends on the cost of financing your new car. Dealers may have attractive offers but you may get a better deal by arranging your own finance. Click here for advice on selecting the right personal loan for you. Or see the moneyjungle.net business directory for links to personal loan providers.

Posted in Car scrappage scheme, Personal loans, Personal Finance | Print | No Comments »

15/12/2008 by bill.

Sometimes you may just need access to a relatively small loan over a short time period. One type of loan is the Payday loan giving you access to your salary early. Payday loans may appear attractive but the interest rates charged can be extremely high, possibly in excess of 1000%! You will generally be much better off speaking to your bank about a short term overdraft facility or even seeking out your local credit union.

Wonga is a ground-breaking online lender operating in the UK. By offering small, short-term cash advances, Wonga provides consumers with instant money whenever they need it – 24 hours a day, 365 day a year.

The Wonga product is simple - It takes only minutes to complete the online application. If accepted, you then receive up to £750 into your bank account within minutes! Wonga has a consumer credit licence from the Office of Fair Trading (OFT)

Click here for more about instant loans from Wonga.

For more information about the types of personal loan available see moneyjungle.net

Posted in Loans, Personal loans, Personal Finance | Print | 1 Comment »

01/03/2008 by bill.

Many people have paid for expensive payment protection insurance when taking out loans, mortgages or credit cards, only to find that a claim is turned because of exclusion clauses in the small print. PPI can add anything up to 50% to the cost of loans.

It may be that the terms were not fully explained or that the cover was unsuitable for your individual circumstances. Anyone who feels that they were mis-sold PPI should complain and seek compensation.

The first thing to do is to contact the company that sold you the policy and give them a chance to respond. If you are not satisfied your next port of call is the Financial Ombudsman Service. The Financial Ombudsman Service website includes helpful information and a fact sheet you can download. See also guidance on the FSA Money Made Clear website.

For more information and advice on credit and debt see moneyjungle.net.

Posted in Personal loans, Mortgages, Credit and Debt | Print | No Comments »

29/01/2008 by bill.

Following the success of the moneyjungle.net mortgage finder service launched in 2007, we are pleased to offer the new moneyjungle.net loans finder service.

The moneyjungle.net personal loans page offers information about the types of loans available and how to find the one for you. As with any personal financial decision, we recommend seeking expert advice in selecting the most appropriate loan for your circumstances. Money Jungle does not offer individual financial advice but we can now connect you with an impartial, FSA qualified adviser.

Click here and complete a simple form and an adviser will call you back to discuss loan options tailored to your needs.

Posted in Personal loans, Credit and Debt, Personal Finance | Print | No Comments »