Borrowers warned against missing loan repayments

Posted by on May 13th, 2008 at 05:57am

Article Seeds wrote an interesting post today on
Here’s a quick excerpt
An increasing number of consumers are failing to make loan repayments, new figures have revealed. According to research carried out by MoneyExpert.com, more than 230,000 payments are missed every month - an average of 7,700 every day. Since the beginning of this year, a total of 1,389,000 repayments on personal loans were reported to have been missed. Overall, some three per cent of all loan borrowers were reported to have failed to have made a repayment during the last six months, an increa

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