London (Go4ukloans) March 29, 2007: Research by a leading comparison
site, uSwitch, reveals that women in the UK are getting increasingly reliant
on unsecured loan to support
their spending ways. The research states that women in the country
have unsecured loans that add up to a staggering twenty billion pounds.
The outstanding dues on the overdraft facilities are four and a half billion
pounds.According to one uSwitch official, this trend is primarily as a result
of easy accessibility to loans, store cards and credit cards, and underlines
the customers needs to be in control of their own finances.
The official further added: “By shopping around for the best
deals, taking advantage of 0% introductory rates and switching utility providers
to get the best available prices on household bills, women can still enjoy
the pleasure-rush of a new purchase, without racking up more unsecured debt.
It is all gain and no pain.”
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