This could also impact people’s ability to pay their mortgage, which is especially worrying considering many believe that UK house prices have long been inflated.As a result, as reported by to see if debt consolidation might be beneficial for you.We have other borrowing options, such as overdrafts, credit cards, and additional loans for our existing mortgage customers.Learn more about our borrowing options Fixed repayments for the life of your loan Your loan repayment will be taken each month by Direct Debit on a day specified by you between the 1st and 28th of the month. There’s no doubt that, for the majority of us, if we could choose to live a life without debt, then that’s obviously the route that we’d choose. As wages stagnate in the UK, more and more people are having to turn to credit cards and loans just to be able to get through the month.While debt has always been the cause of much chagrin, things could be about to get far, far worse for households who currently rely on credit to pay their expenses.A 1|2|3 World customer is someone who holds one of our 1|2|3 current accounts or the 1|2|3 Credit Card (including additional 1|2|3 Credit Card holders). Customers must meet the eligibility for each product & 1|2|3 World Offer.Santander Select and Private customers also have access to 1|2|3 World Offers.
You need to consider the interest rates you're currently paying and compare these with the options here, taking into consideration any other product benefits you may lose.Use Send Me the Link to send yourself our mobile apps, videos, guides, & factsheets Send me the link allows you to send yourself links for our mobile apps, videos, guides, & factsheets which can help you with your Online & Mobile Banking needs. To view these documents, you may need to download Adobe Reader.Pre-Contractual Explanation We've provided a summary below of the important information that's contained in the Pre-Contractual Explanation. It's a fixed sum of money borrowed from us which is repaid in equal, fixed, monthly instalments over an agreed term.Even if you just have a small, seemingly manageable debt, the UK is on the verge of tumbling into a serious problem with debt — so it’s time to take your management of your finances seriously.The one group who will benefit from an interest rate rise is savers.This is good news for savers, who will make more on the money they have set aside, but very bad news indeed for anyone who is paying back debts.