The company backed the Bank of England's decision saying this will restore some faith to consumer doubts over the fragile state of the economy.
The company also said this is at least one positive that can be taken f r o m the downturn of the economy, and added that this ...
The latest insolvency figures released show personal debt is continuing to rise in the UK, with Q1 of 2010 the fifth consecutive quarter to do so. Official figures declared for the first three months of 2010 saw a 17.9% increase in the number of personal insolvencies in England and Wales ...
Payday Loan Company, Payday Express continue to help thin the number of identity fraudsters operating online with successful fraud prevention and prosecution.
Payday Express, one of the UK’s leading Payday Loans specialists maintains continued success in the war against online identity theft and fraud thanks to their steps taken to help ...
April 15th 2010
Categories:
Banks,
Debts,
Financial,
Financial Information,
Financial Services,
Home Equity,
Interest Rate,
Loans,
Money,
Mortgage,
Personal Finance
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Champion Finance, the Glasgow based finance broker, who have been arranging homeowner loans throughout the whole of the UK for twenty six years, now feel that a new glimmer of hope is being witnessed after what has been a very bleak time for the once so buoyant secured loans industry.
During the ...
Financial solutions company Think Money has welcomed a report from Moneysupermarket.com advising that credit card borrowers could significantly reduce their overall repayment term and the amount they pay by making more than the minimum payment.
Moneysupermarket claimed that the difference between the average interest earned on savings and the interest payable on ...
Leading UK payday loans company Payday Express has chosen to join forces with digital marketing agency Lakestar Media in order to build its online profile.
Established in 1999, Kent-based Payday Express provides a critical service to thousands of people across the UK every month. The firm offers fast access to cash loans, ...
April 1st 2010
Categories:
Checking & Savings,
Debts,
Financial,
Financial Information,
ISAs,
IVA,
Investment,
Loans,
Money,
Personal Finance,
Profits
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As billions of pounds of British savers money is being lost in ISA accounts, the government’s consumer watchdog Consumer Focus is due to launch an official complaint on the matter. The move which could potentially ‘shake up the ISA industry’ is a long time coming suggests Matt Spencer, founder of ...
According to recent data released by the Financial Ombudsman Service (FOS), banks are rejecting thousands of requests every month from customers looking for help with their finances.
The Financial Ombudsman Service, which is an independently run service that deals with complaints from consumers and businesses in the financial industry, revealed that ...
Savers must look for smart new ways to make the most out of their accumulated wealth in the midst of continual drops in saving rates. With easy access and notice accounts both dropping their rates in recent months, savers must act swiftly to ensure they make the most out of ...
March 16th 2010
Categories:
Banks,
Bonds,
CDs,
Checking & Savings,
Credit Cards,
Debit Cards,
Debts,
Financial,
Financial Education,
Financial Information,
Financial Management,
Financial Services,
Financial Solutions,
Home Equity,
IRA,
ISAs,
IVA,
Insurance,
Insurance Services,
Loans,
Money,
Mortgage,
Online Banking
No Comments
A new Government-run service is set to provide impartial financial advice for millions of UK citizens looking for help with money matters.
The service – called Moneymadeclear – was launched by Chancellor of the Exchequer Alistair Darling and will provide free consumer advice from independent financial experts.
Moneymadeclear gives people the chance ...
To make it easier for the customers to understand the competitive credit card and credit report market, Free-Credit-Reports.com has introduced a reliable and quick free credit report online service free of cost. A good credit history is very important when customer is looking to get a certain amount of money from ...
With bank rates predicted to stay low for the next 12 months, savers are in an increasingly tricky situation, according to personal finance website MoneyStand.co.uk.
As the Consumer Prices Index (CPI) is often greater than the savings account interest rates, MoneyStand.co.uk believes some individuals are actually poorer in real terms by ...
During tough economic times with rising levels of personal insolvency, one UK website is offering consumers reliable, factual and helpful money advice.
Personal Finance weblog MoneyStand.co.uk has been providing information and opinions on personal finance since January 2008. The blog was created for UK consumers facing common financial issues wanting honest, up ...
Responding to new research suggesting that more than half of over-50s in Britain carry non-mortgage debt, debt management company Gregory Pennington has warned of the risks of carrying debt while approaching retirement, adding that good debt management is essential for anyone with problem debts.
Research from Moneysupermarket.com found that more than half ...
Commenting on the Q3 2009 Credit Conditions Survey from the Bank of England, Debt Advisers Direct noted that the ongoing credit crunch was still restricting access to credit - and therefore to the debt consolidation loans that could help many people stay in better control of their finances. Nonetheless, the debt ...
Responding to a survey which found that two thirds of 18-24-year-olds frequently feel stressed or anxious - with money worries being cited as a main cause - insolvency specialists the IVA Advisory Centre said that anyone feeling anxious about their money problems should seek financial advice.
The company added that anyone ...
October 1st 2009
Categories:
Banks,
Bonds,
Currency,
Debts,
Financial,
Financial Information,
Forex,
Investment,
Money,
Stocks,
Trading
No Comments
Saxo Bank predicts that monetary stimuli and government deficits are likely to continue, fostering a "Japanization" of financial markets, whereby the market will see higher price-to-earnings ratios and lower yields on both corporate bonds and treasuries.
Chief Economist at SaxoBank, David Karsbøl, commented: "Because Western economies are more flexible and able to ...
This product 'tweak', although seemingly small, could cost personal loan customers an extra GBP322 in interest paid on a typical loan of GBP10,000. With UK consumers currently forking out GBP181 million in interest daily, this will only add to an already hefty bill.
As consumers struggle to manage their debts in ...
Responding to a new report claiming that debt levels amongst pensioners are increasing, debt management company Gregory Pennington said that finding the right debt solution is important for anyone struggling with debt, regardless of age.
The company added that in particular, anyone approaching retirement age with debts that they may not ...
Responding to a report that found that 24% of students in the UK expect to graduate with over £20,000 of debt, Debt Advisers Direct has advised students that with the right financial planning, the amount of debt they take on can be reduced.
The company added that students should avoid taking ...
