Coronavirus: United Kingdom, facing worst recession on record, sees GDP drop 20.4% in Q2

The UK has seen its economy, hit by the coronavirus crisis, suffer a "record" contraction of 20.4% in the second quarter, and is officially facing its worst recession on record, agency figures show National Statistics (ONS), published Wednesday 12 August. 
Economists consider that a country enters a technical recession when it accumulates two consecutive quarters of contraction in its economy. According to the ONS, most of the contraction, which began to be felt in March, occurred in April, an entire month of containment and almost total cessation of activity in the country, which saw production collapsed by 20%.

With a very early recovery in construction sites and manufacturing activity, gross domestic product (GDP) rebounded in May by 2.4% (revised figure), followed by an acceleration in June (+8.7 %) thanks in particular to the reopening of all shops. This is the biggest contraction in the UK economy since the ONS began these quarterly statistics in 1955, he said…

Personal Loan for emergency, home improvement, consolidating debt

During uncertain economic times many people can find themselves faced with a situation where they could use some financial assistance. Whether it be for an emergency, home improvement, consolidating debt or even a family vacation – a personal loan can be a safe and reliable way to meet your financial needs.

What Are Personal Loans?  Broadly defined, a personal loan is a type of installment loan, which means that it is repaid over time with a set number of scheduled payments. It can generally be utilized for any purpose whatsoever, from car repair, to credit card debt consolidation. These loans are available from traditional brick-and-mortar banks as well as newer online lending institutions.

Personal Loan


PersonalLoans.com provides an easy and convenient way for consumers to be connected with a personal loan through their network of lenders and lending partners. Thier online service can enable you to get a loan of between $1,000 and $35,000, right from your home or office, or even on the go through your mobile device. They help people looking to borrow for any number of reasons, whether it be for a home improvement project, a payday loan, debt consolidation, bad credit, medical expense, or anything else. In addition, some lending partners in their network may offer lines of credit.

Though their simple online process is designed to connect their clients to potential lenders or lending partners, they do not function as a lender ourselves. They connect consumers seeking fast, hassle-free financial assistance with skilled, reputable lenders or lending partners who can provide it, and they do this without charging any fees to their customers.

Through PersonalLoans.com, you can get needed loan funds quickly, in as little as just one business day. You don’t have to pay back these funds quickly, however, as the repayment time frame ranges from 90 days to 72 months depending on the terms of your loan. For shorter-terms loans offered, such as installment loans, the repayment time frame may be less than six months. They offer a short online loan request form for you to fill out at your leisure. And with only a few basic eligibility criteria for borrowers to meet, they make it simple for you to qualify for loan assistance. Once you submit your loan request they immediately go to work, searching their network of lenders and lending partners for a loan offer for you.

If a loan offer is found, then they redirect you to the lender or lending partner’s offer page containing the details of the loan. You may have to fill out some additional information once you get to your lender or lending partner’s website so please follow the instructions carefully. If you are approved for the loan and accept the terms of the loan, then your funds will be deposited directly into your checking account as soon as the next business day. You don’t have to worry about any pricey hidden charges, set-up fees or membership fees with their service.