DBS – Credit Crunch Busting Solutions

PR Log (Press Release) – Jan 03, 2009 – DBS Finance continues to see a rise in demand for loans and this continues to rise as we see more consumers looking for a competitive solution. As such we have expanded our website network to cover the most pressing terms being sought on the Internet to help as many loan seekers as possible. We are also expanding our lender network – even when some lenders are pulling out of the market – we continue to seek out new lenders with higher LTV offers in the diminishing equity market.

Figures from uSwitch.com, has found that lenders are continuing to increase their cost of personal loans with interest rates surging even though the bank of England are reducing rates.

In the last month alone, personal loans from Black Horse, part Lloyds TSB, have increased by up to nine percentage points, to 36.9% which is indicative of the credit effect.
Nationwide have also just announced that they will freeze any further interest rates cuts on their mortgages for clients with trackers – further indicative that banks are in dire need to recover cash and losses.
HSBC has announced that it will be offering discounts on many of its financial services and products as part of its annual January sale to help boost lending. Many people can enjoy half-price offers on current accounts as well as some three and six-month specials offers on HSBC's online high interest deposit bonds.  
Halifax Financial Services has advised shoppers to seek out the best bargains on financial products as they hit the January sales in shops.

The bank said that now is "the ideal time" for people to get on top of their finances, despite the tradition of spending over the festive period and during the January sales.
With an anticipated further drop in interest rates next week, taking the rates to the lowest in over 60 years in the UK now is the time to shop around for a loan bargain, negotiate your best rates and get the best deal for your future. Much of the technology now built in to DBS Finance and its network sites will help you achieve this objective far quicker and easier.
We utilise our technology to find the ideal loan product for you very quickly and our lending specialists will walk you through this process at every step of the way – you can even track your application online.

To read more or experience our site design and technology, simply visit www.dbsfinance.co.uk

Secured Loans, Homeowner Loans and Personal Loans from DBS Finance, we search the entire UK market and are backed by one of the largest UK brokers that find secured loan solutions tailored for UK homeowners. Decisions in 15 Minutes, Try us today.
Contact details:

Full Name: Ian Miles
Company name: DBS Finance
Street name: Fusion 2, 1100 Parkway
City name: Solent Business Park
Zip code: PO15 7AB
State: Hampshire
Country: United Kingdom
Phone: 0870 351 0010
Website: http://www.dbsfinance.co.uk