Military Loans - 11 Million Consumers In Danger Of Being Ref...

Military Loans -
11 Million Consumers In Danger Of Being Ref...

As more and more lenders have adopted the risk-based pricing model, it has become even more important for consumers to use comparison tools such as online calculators to help them decipher the deals available, work out their repayments and decide upon the loan that best suits their circumstances. The uSwitch.com loans calculator is the only comparison site that compares all personal loans and shows which providers use risk-based lending criteria."The features of uSwitch.com's Loans Comparison Calculator include:* The uSwitch.com Loans Calculator enables consumers to compare all unsecured personal loans* on the market to find the one that best suits their individual needs.* The uSwitch.com Loans Calculator has the ability to calculate and illustrate loan repayments for loans that operate an introductory rate' APR system.* The uSwitch.com Loans Calculator has a risk-based pricing flag that alerts consumers to those lenders that employ risk-based pricing.* The consumer can view the loans in their results table either with or without PPI.* The uSwitch.com Loans calculator enables the consumer to compare loan features and benefits as well as financial costs/ savings.Paul Schofield concludes: "The launch of our Loans Comparison Calculator has been driven by consumer demand and feedback from our existing customers. With consumer debt at an all time high and many people struggling to pay bills, we envisage the launch of this service will help people manage their finances more effectively, by offering an unbiased, simple and clear comparison tool which presents a complete picture of the loans market."For more information visit www.uSwitch.com/loans
or call 0800 093 06 07For further information contact
* Jennifer Evans, uSwitch.com, on 0207 802 2923 or e-mail protected from spam bots* Beverley Aujla, Lansons Communications, on 020 7 294 3683 or e-mail protected from spam bots
* Ellie Stanton, Lansons Communications, on 0207 294 3633 or e-mail protected from spam botsNotes to editors:
*Research carried out by ICM on behalf of uSwitch.com. ICM Research interviewed a random selection of 1008 adults aged 18+ by telephone between 14-15 May 2004. Interviews were conducted across the country and the results have been weighted to the profile of all adults. uSwitch.com is a free, impartial online and phone-based comparison and switching service which helps consumers compare prices on gas, electricity, home telephone, digital television, credit cards and loans. Our aim is to help customers take advantage of the best tariffs and services on offer from every supplier. T