/24-7PressRelease/ - LONDON, UK, June 14, 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/
---
Press release service and press release distribution provided by http://www.24-7pressrelease.com# # #
Read more Press Releases from Jeremy Elvin:Other Press Release Headlines:
