Loans for Young People
Since 2008 the number of young adults that return to live with their parents after starting work has risen sharply. With extremely high property prices and mortgages for first time buyers almost impossible to get, becoming a homeowner in Britain is not easy. This is a disadvantage for lots of people that want to get credit because most lenders are not prepared to offer loans to tenants and people living with parents - you usually have to be a homeowner to be considered for a loan.
However, specialist lenders like Everyday Loans do offer any purpose loans to people living with parents or in rented accommodation. You do not need to be a homeowner to be considered by Everyday Loans - all you need is to be over 18 years old, have a steady income and a credit history that shows that you keep up with your payments most of the time. Unsecured loans are available for any purpose, whether it's for a car, wedding or to consolidate credit and store cards.