Released on = June 12, 2007, 4:45 am

Press Release Author = Aisha Kacie

Industry =

Press Release Summary = Majority of consumers in the UK opt for store cards and not
unsecured loans just because the former ones are more convenient.

Press Release Body = London (online-unsecured-loans) June 6, 2007: Despite the
availability of cheap unsecured loans, majority of shoppers continue to use
expensive store cards for making purchases.

A study from a leading financial provider reveals that consumers around the UK are
valuing the convenience more than the price. Store cards provide all the convenience
and ease with which you can shop. Nearly 50 per cent of all borrowers across the UK
have store cards despite their expensive repayment rates.

Unsecured loans are not as convenient as store cards or credit cards but they
attract very less interest rate than theses plastic cards. The research highlights
how, despite good intentions, many people don\'t give careful thought about what kind
of monetary assistance is best for them.

Experts advocate the benefits of a low-rate personal loan as a possible alternative
to expensive cards. Switching to cheap unsecured loans can also help many borrowers
keep away from bad debt situations.

For additional information on the news that is the subject of this release (or for a
sample, copy or demo), contact Webmaster or visit
http://www.online-unsecured-loans.co.uk/


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

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