{"id":61760,"date":"2017-07-25T20:04:14","date_gmt":"2017-07-25T13:04:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/quarter-of-personal-loan-applicants-seeking-half-their-annual-salary\/"},"modified":"2017-07-25T20:21:05","modified_gmt":"2017-07-25T13:21:05","slug":"quarter-of-personal-loan-applicants-seeking-half-their-annual-salary","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/quarter-of-personal-loan-applicants-seeking-half-their-annual-salary\/","title":{"rendered":"Quarter of personal loan applicants 'seeking half their annual salary'"},"content":{"rendered":"


\nAnalysis of inquiries to MoneySuperMarket found that 10% of applicants wanted to borrow more than their annual incomeHouseholds in the UK are increasingly relying on borrowed money with one in four people seeking a loan applying for at least half of their annual income, according to new figures that will add to worries about Britain\u2019s mounting personal debt burden.The latest evidence of a rise in borrowing to fund new car purchases, holidays and to help clear older debts follows a stark warning from the Bank of England that lenders offering money on easy terms risked sparking a fresh financial crisis. Banks, credit card companies and car loan providers could be dicing with a \u201cspiral of complacency\u201d, the Bank\u2019s director for financial stability said on Monday. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Quarter of personal loan applicants ‘seeking half their annual salary’<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Analysis of inquiries to MoneySuperMarket found that 10% of applicants wanted to borrow more than...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-61760","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-g48","jetpack-related-posts":[{"id":8213,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/20-of-hdb-loan-applicants-asked-for-larger-loans\/","url_meta":{"origin":61760,"position":0},"title":"20% of HDB loan applicants asked for larger loans","date":"March 2, 2016","format":false,"excerpt":"\r \u00a0 There were about 200,000 qualified applications for an HDB Loan Eligibility (HLE) letter from 2012 to 2015, revealed National Development Minister Lawrence Wong during a parliamentary session on Tuesday (1 March), reported Channel NewsAsia. Flat buyers need to request for an HLE letter before they can obtain an\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110483,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lbs-available-for-flat-owners-with-outstanding-mortgage-loan-of-over-5000\/","url_meta":{"origin":61760,"position":1},"title":"LBS available for flat owners with outstanding mortgage loan of over $5,000","date":"September 4, 2019","format":false,"excerpt":"\r Flat owners with outstanding mortgage loans of more than $5,000 can now take up the LBS \u201cas long as the proceeds from the lease sale are sufficient to fully discharge the loan. The rule that requires Housing and Development Board (HDB) flat owners to have an outstanding loan of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59610,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/secret-tips-that-let-you-beat-the-credit-guard\/","url_meta":{"origin":61760,"position":2},"title":"Secret tips that let you beat the credit guard","date":"July 29, 2000","format":false,"excerpt":"\r If you've got a good job and no debts but have been turned down for a loan with no reason given then you need to read this. Patrick Collinson pulls away the veil over how banks assess youJobs & Money this week lifts the veil of secrecy wrapped around\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59554,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mps-and-charities-urge-car-leasers-to-publish-sub-prime-loan-figures\/","url_meta":{"origin":61760,"position":3},"title":"MPs and charities urge car leasers to publish sub-prime loan figures","date":"July 2, 2017","format":false,"excerpt":"\r Fears over lending grow as 85% of new cars are financed using loans but car leasing lacks industry-wide figures for arrears and defaultsMPs and debt charities have called on the car leasing industry to reveal the number of people in arrears and defaulting on loans, amid fears that consumer\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41829,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/single-and-eligible\/","url_meta":{"origin":61760,"position":4},"title":"Single and eligible","date":"January 25, 2017","format":false,"excerpt":"\r Established in 1990, the Joint Singles Scheme aims to help Singaporeans aged 35 and above to jointly purchase a flat. The longstanding HDB rule that singles below the age of 35 cannot own HDB flats is well known. But if you and a friend, sibling or partner are already\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8146,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/900-families-got-a-third-hdb-loan-in-2015\/","url_meta":{"origin":61760,"position":5},"title":"900 families got a third HDB loan in 2015","date":"March 15, 2016","format":false,"excerpt":"\r The HDB is willing to grant a third loan for exceptional cases, like when households find it tough to get a bank loan. The Housing and Development Board (HDB) granted a third housing loan to around 900 families last year, according to National Development Minister Lawrence Wong during a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/61760"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=61760"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/61760\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=61760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=61760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=61760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}