Posted by Dawson Tom on November 20th, 2007 in Finance ·
With about a quarter of Britons moving house doing so over the Christmas season, consumers are being advised to be conscious of the impact that this can have on their finances, it has been suggested.
In the Movingimproving Index released by Alliance & Leicester, just under one in four (22 per cent) homemovers get the keys for a new property in the 12 weeks leading up to December 25th…
Posted by Dawson Tom on November 19th, 2007 in Finance ·
Britons’ financial difficulties are set to increase over the course of the coming months, an industry expert has reported.
According to Chris Tapp, director of Credit Action, the series of base rate rises actioned by the Bank of England since August last year has caused many people’s finances to come under more pressure as a result of the subsequent increase in interest rates attached to borrowing products such as personal loans and credit cards…
Posted by Dawson Tom on November 17th, 2007 in Finance ·
Older people in one southern town are increasingly struggling to manage their finances, it has been suggested.
According to the branch of Citizens Advice in Redhill, an increasing number of over-50s from the Surrey town are developing money management difficulties…
Posted by Dawson Tom on November 16th, 2007 in Finance ·
Consumers of all ages are facing a rise in financial difficulties, new figures indicate.
According to data published by the Alliance Trust, the official rate of inflation increased higher than expected to stand at 2.1 per cent over the course of October…
Posted by Dawson Tom on November 14th, 2007 in Finance ·
More than a million car purchases are set to be funded through a loan, a new set of figures indicates.
In research released by Sainsbury’s Car Loans, consumers are revealed to be on track to spend more money on motor vehicles…
Posted by Dawson Tom on November 14th, 2007 in Finance ·
An increasing number of consumers in Brighton and Hove are developing problems in managing their money, new figures show.
According to research conducted by the government, the Sussex city is currently in the midst of a credit crunch in which residents are finding themselves increasingly unable to afford to make repayments on personal loans, plastic cards and other types of borrowing…
Posted by Dawson Tom on November 10th, 2007 in Finance ·
Although secured loans and other forms of credit are becoming increasingly expensive borrowers can still find products with competitive rates of interest, it has been suggested.
According to Samantha Owens, head of personal finance at Moneyfacts, a number of lenders are either withdrawing some of their cheapest loans or are increasing the rates of interest applied to such borrowing…
Posted by Dawson Tom on November 9th, 2007 in Finance ·
Those living in Birmingham could be set to be in a more capable position to manage unsecured loans and other financial matters in later life, it has emerged.
The news comes as a number of bankruptcy officials have visited 20 secondary schools across the West Midlands city educating young people on how to handle their money…
Posted by Dawson Tom on November 9th, 2007 in Finance ·
Car owners in London would be well advised to ensure that their vehicles are secure at night following the latest crime statistics released by Admiral Insurance.
According to the firm, four districts within the capital have made it into the top ten car crime hotspots in the UK, having experienced higher levels of break-ins and thefts in the last 18 months…
Posted by Dawson Tom on November 8th, 2007 in Finance ·
An increasing number of Britons have found themselves coming under financial strain, a new report has revealed.
In research released by Moneyfacts, there have been 125 rate and fee increases on credit cards over the last two months, a figure which Esther James, credit card analyst, claims is "quite staggering"…