Released on = November 24, 2006, 3:44 am

Press Release Author = http://www.loans-bazaar.co.uk

Industry = Financial

Press Release Summary = Research reveals that one person out of ten in UK is
planning to use credit, such as personal loan, both secured and unsecured, to raise
funds for Christmas shopping. Of these people, four in ten will use credits for less
than 25 per cent of their overall spending.

Press Release Body = London (loans-bazaar) 23 November 2006: Though UK consumers
save their hard earned money for Christmas purchasing, a good number of them will
use credits, such as personal loans, both secured and unsecured to raise fund for
Christmas shopping.

Research carried out recently reveals that one out of ten people in UK are planning
to use credit options like personal loans; both secured and unsecured, to finance
their Christmas shopping. It is also estimated that 25 per cent of their spending
will be covered by borrowed money.

Market expert expressed their views that this is was a big increase on last year
when the equivalent figure was three in ten and meant people were spending less on
credit than last year. They also added that there was a better budgeting trend and
the Christmas credit situation was looking \"pretty positive".

For additional information on the news that is the subject of his press release or
(for a copy, demo, or ample) contact web master or visit www.loans-bazaar.co.uk


Web Site = http://www.loans-bazaar.co.uk

Contact Details = 11 Parade House
UK