Credit card users have been warned that many of the foremost providers in the UK do not clear the most expensive forms of debt first. Research by Moneysupermarket.com has found that the order of payment patterns used by financial service…
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The number of people committing to take on a mortgage loan fell by around 22 per cent in December of last year, according to the latest figures from the Council of Mortgage Lenders (CML). Around 62,000 mortgage loan deals were…
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As much as 70 per cent of all credit card users in the UK could be throwing their money away by failing to shop around for a good deal, according to an investigation by the Office of Fair Trading (OFT).…
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The Bank of England should have lowered its base rate of interest by more than the quarter-point it did this month, it has been claimed. According to the online mortgage comparison firm mform.co.uk, many of the people who are struggling…
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British homeowners want long-term fixed-rate mortgage deals to limit the possibility of facing unmanageable debt levels, according to recent research. With millions of people struggling to become debt free across the UK, fixed-rate mortgage deals are vastly more popular with…
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The repossession rate among UK consumers with serious debt management problems is set to increase, according to the Council of Mortgage Lenders (CML). Around 13,500 homes were repossessed during the second half of last year and the council anticipates that…
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The Bank of England has opted to cut the base rate of interest by a quarter-point to 5.25 per cent, it has been announced. With millions of people struggling to become debt free around the country, the reduction of the…
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January saw a rush among British consumers to secure a good deal on a debt consolidation loan, according to a report from Halifax. The financial services firm has claimed that the first month of the year is by far the…
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