The historically low base rate of 0.5% has been with us for quite a while now. Speculation has been that this might have to increase towards the end of this year, however an article over the weekend floated the possibility of this rate being the new norm and not needing to rise until 2014.

For anyone with a mortgage that has reduced in line with the base rate reductions that could be incredibly good news. Not such good news for savers, but the majority of people reading this blog are borrowers or potential borrowers.

Whilst lower interest rates have largely been passed on to customers in the mortgage sector in the unsecured loan sector rates remain high. Lenders are still extremely risk averse, looking for reasons to turn down loans rather than approve them.

Even if you have a good credit history finance is not easy to get and for those with poor credit it has become near impossible, save for a few niche lenders. Bad credit unsecured loans do attract very high interest rates currently to reflect the increased risk taken by lenders.

When times are difficult and loans not easy to find the best advice is to shop around. Better still use a credit broker, like ourselves, to do the hard work for you. We have a number of lenders on our books who can offer unsecured credit and finance. This is the area we specialise in.

Getting a quote from us is as easy as completing our online enquiry form, sitting back with your feet up and waiting for us to call you with our best offer. It only takes a couple of minutes to enter your details.

We match the plan with the lowest interest rate, and therefore the lowest monthly repayments, to your individual circumstances. We don't waste any time and funds can be arranged quickly for those applicants that are approved. Don't forget, you only complete one form, it takes a couple of minutes and from this you have access to a number of quotes.

£1,460 billion - a staggeringly high number but that's the collective level of UK personal debt according to July's figures. Increased cost of living and the continuing effects of the credit crunch are cited as reasons for such a large level of personal debt.

And things are likely to get worse.....with a VAT increase on the horizon and large-scale job losses expected in the public sector following the latest budget. For many people debt problems need to be faced up to now before things get too late.

If you were to lose your job tomorrow how would you cope? Do you have any savings to fall back on to keep you going? If the worst were to happen how long could you keep paying the important bills (mortgage/rent, utilities) before it all gets too much?

Getting your finances in order is never a bad thing to do. Yes it might be difficult to face, particularly if you are struggling, but putting it off will only lead to more problems down the line. Making, and sticking to, a budget that you can afford will lead to a happier future, even if it means cutting back a little in the short term.

For professional debt advice get in touch with IVA Debt Problem who can help you restructure your debts and even write-off a large proportion of them. With their help even people struggling with debts in the tens of thousands of pounds can look forward to a brighter debt-free future.

If you prefer to take out a consolidation loan we can help you with that. Consolidating lots of smaller high-interest debts with a single lower-interest loan will lead to lower monthly repayments, making it easier to manage day-to-day.

A busy day of updating all of our websites with some interesting content, news and technical improvements.

Our debt calculator at IVA Debt Problem has been amended to include debt management, as well as IVAs and debt consolidation loans. Debt management can be your best option to get out of debt problems if you have debts of less than £10,000 or less than 3 creditors. Over this and an IVA tends to be a better option as it enables you to write off a larger portion of your debt.

The car loans blog has been updated with fresh articles relating to car loans, cars and motorsport. We are broadening the website from a dedicated car loan provider website to a more general car website that also provides car loans and finance. We are also looking into providing a car loan comparison service in the near future allowing visitors to compare car loans online and select the best deal for their circumstances.

We have started a new Word Press blog which will be used to deliver up-to-the-minute news and articles relating to our websites. The Word Press platform is actually capable of providing a fully featured website. We will be exploring all of the available features as we get used to it.

The Yes Business Loans blog continues to grow. Business loans are an increasing part of our finance business as banks criteria for acceptance remains very tight making it difficult to get business finance from a high street lender. That's where a broker has the edge, dealing with multiple lenders including specialist business loan providers.

The unsecured loan side of our business continues to attract visitors and applications. We have a number of avenues for unsecured lending giving us a very good chance of success with our unsecured loan apps. Give us a try if you are looking for an unsecured loan.

It is very easy to get lured into taking out new credit cards, store cards, credit agreements etc. and before you know it you have a number of small debts which add up to quite a sum. Often you take them out with the best intentions - making full repayment each month to avoid interest charges.

But it's not always easy to keep up the good work and you slip into making minimum repayments and the debts and monthly interest start to add up. The problem with this type of credit is that it usually attracts the highest interest rates, meaning that charges can quickly escalate.

If you have a number of small, high interest rate debts you could consider an unsecured debt consolidation loan. This is likely to be at a much lower interest rate and, if you take it out over a few years (say 5 or more) the monthly repayment should be much lower than servicing your existing debt.

Make sure you cancel and cut up all of your non-essential cards once they have been paid off to avoid future temptation. You could take a little extra cash with your consolidation loan which you can spend as you please.

For people with bigger debt problems there are other options which may be more appropriate such as an IVA or debt management. Our dedicated debt website, IVA Debt Problem, can help you with free debt advice and guide you down the right path.