More Consumers Considering Loans Around Valentine's Day

LONDON, March 12, 2012 /PRNewswire/ --

Loan applications spike each February as Valentine's Day nears according to research by one of the leading price comparison websites comparethemarket.com.

The figures showed that the website received an average of 20% more visits per day for loan comparisons in February compared to the previous month.With Valentine's Day on the calendar but the wallet running low, many consumers found thatloanswere the perfect solution to enable them to still make their grand romantic gestures.

Simon McCulloch, Director of Money at comparethemarket.com said: "Many people have found their budgets constrained under the current economic conditions, if you are choosing to take out a loan to pay for that romantic trip or engagement ring, it is worth visiting a price comparison website like comparethemarket.com to get a good deal on your repayments. We offer our customers an easy and quick way to compare loan providers and products, ensuring that they can find the right loan to suit their needs."

Specialising in more than just car insurance, comparethemarket.com provides customers with an easy way to find the right deal on a wide range of insurance and financial products including home insurance, van insurance, bike insurance, life insurance, pet insurance and credit cards.  It also offers comparisons for a range of household utilities including electricity, gas, phone, broadband and digital TV.

About comparethemarket.com

• comparethemarket.com was launched in 2006 and has grown rapidly over the past six years to become one of the UK's leading price comparison websites.  
• comparethemarket.com provides customers with an easy way to make the right choice for them on a wide range of products including motor, home, life, travel and pet insurance as well as utilities and money products such as, credit cards and loans.
• comparethemarket.com actively selects its brand partners, working with the best and most trusted organisations to ensure quality service to consumers.

comparethemarket.com is a trading name of BISL Limited.  BISL Limited is authorised and regulated by the Financial Services Authority. Registered Address: Pegasus House, Bakewell Road, Orton Southgate, Peterborough, PE2 6YS. Registered in England number 3231094.

SOURCE comparethemarket.com

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