Don’t play into credit card providers’ hands
December 15, 2008
When it comes to the perfect customer credit card providers have a very firm idea of what they are looking for. Of course, they don’t want customers that are likely to fall behind with repayment of fail to pay their debt altogether, as this will leave the provider saddled with bad debt that they may [...]
Over £100 added to mortgage due to bank bailouts
December 15, 2008
According to a recent report over £100 a year has been added to every mortgage in the UK as a result of the cost of bailing out the Icelandic banks and the Bradford & Bingley earlier this year. The data comes from a senior official at the Building Societies’ Association, which claims that as a [...]
Outrage over Argos credit card rate
December 15, 2008
There has been recent outrage over a credit card that is linked to the High Street giant Argos, with consumers and officials angry over the extortionate rate of interest charged on the card at a time when many people may be replying on this type of finance in order to fund the expense of Christmas.
The [...]
Man claims bank account was closed in revenge by bank
December 12, 2008
A customer with the High Street Spanish owned bank, Abbey, claims that he had his bank account closed down by a member of staff out of revenge after he made a complaint over the rude service he received when contacting the call centre. He said that he felt justified in making the complaint after the [...]
Things that first time buyers need to consider
December 12, 2008
As a first time buyer in the current financial and economic climate there are a number of things that you need to consider before you make a definite decision with regards to whether to take the plunge or not.
Buying a property for the first time can be daunting and confusing at the best of times, [...]
Many using credit cards to pay bills and mortgage
December 12, 2008
According to a recent report many people are now using credit cards to make payments on bills and even on their mortgages, as the global credit crunch continues to make things financially difficult for many households. Tight credit conditions, rising living costs, and higher bills have all taken their toll on household finances, resulting in [...]
Loss of hundreds of estate agent members from property website
December 11, 2008
A leading property website has reported that around three hundred estate agents a month have been leaving the site, with around two thousand member estate agents having left the site so far. Right Move said that the slump in housing and the global credit crunch has resulted in many being unable to pay the membership [...]
Increased direct debits leaves energy firms sitting on billions
December 11, 2008
According to recent reports the UK’s energy giants may be sitting on billions of pounds worth of customers’ money, after increasing direct debits for energy usage without giving the customer a say and then reaping in the profits from interest over the winter period. British Gas was recently found to be hugely increasing customers’ direct [...]
Cutting back on the cost of Christmas purchases
December 11, 2008
As most of us are only too aware the costs associated with the festive season can really add up, and at a time when most families have faced a particularly tough year in terms of their finances the last thing that most want to do is spend what little money they do have all in [...]
Fraudulent mortgage brokers on the rise
December 10, 2008
Recently released figures have shown that over the past three years there has been an increase in the number of fraudulent mortgage lenders that in operating in the UK. An increasing number of turned to fraud over the past year since the global credit crunch made it more difficult for consumers to get finance, hence [...]


