Archive for June, 2008

Card rates ‘higher than in 2006′

Thursday, June 19th, 2008 Posted in News | Comments Off

The rates on credit cards have risen since the last time the Bank of England base rate was at five per cent, it has been claimed.Defaqto.com said that the average ... Read more..

Brits ‘addicted to debt’

Thursday, June 19th, 2008 Posted in News | Comments Off

The British obsession with debt needs to be solved if the country is to move forward in the future, it has been claimed.According to the Conservative Party, there is a ... Read more..

Credit card payments should be ‘prioritised’

Thursday, June 19th, 2008 Posted in News | Comments Off

Consumers need to prioritise repayments in order to avoid increasing levels of debt, according to a leading financial services website.As the UK's credit card debt continues to rise, the chief ... Read more..

Good credit rating ‘vital’

Wednesday, June 18th, 2008 Posted in News | Comments Off

Consumers should ensure that they have a strong credit rating, according to Richard Brown, the chief executive of Moneynet.co.uk.In the present economic conditions, most lenders will be largely unwilling to ... Read more..

Homeowners ‘concerned about flooding’

Wednesday, June 18th, 2008 Posted in News | Comments Off

A high number of people believe that more could be done to try and prevent flooding similar to that seen on a large scale last year, according to a new ... Read more..

Market ‘will take years to improve’

Wednesday, June 18th, 2008 Posted in News | Comments Off

The UK housing market might not recover from the current economic slowdown for up to four years, experts have predicted.Over 60 per cent of Society of Business Economists members who ... Read more..

Credit checks ‘not stringent enough’

Tuesday, June 17th, 2008 Posted in News | Comments Off

The lenient credit strategy of service providers could be bad news for both them and consumers in the future, it has been suggested.According to uSwitch.com, 84 per cent of those ... Read more..

UK homes ‘dip in value’

Tuesday, June 17th, 2008 Posted in News | Comments Off

The value of homes in the UK has dipped by about £300 billion since the market peaked almost two years ago, it has been claimed.According to Zoopla.co.uk, the collective value ... Read more..

Midlands’ consumers ‘hit by debt’

Tuesday, June 17th, 2008 Posted in News | Comments Off

Consumers in the Midlands will eventually be hit by the collective debt they have amassed, it has been suggested.New president of the Birmingham and West Midlands Society of Chartered Accountants ... Read more..

UK men ‘are like Ian Beale’

Monday, June 16th, 2008 Posted in News | Comments Off

British men are comparing themselves to Ian Beale when it comes to money, according to a new survey released by Scottish Widows.In total, 20 per cent of those polled by ... Read more..

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