Figures from the price comparison firm show authorised overdraft charges have been increased by an average of 0.93 per cent over the course of the last six months and could be making debt management problems worse for consumers across the…
Continue reading the "Added overdraft rates ‘costing Brits £52m’" »
For the millions of Britons aiming to find a debt solution in the UK maintaining a repayment rate in line with the minimum demands is likely to lead to serious debt management problems, Mr Lewis suggests. Indeed, the MoneySavingsExpert,com spokesperson…
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With consumers across the country facing debt management problems, figures from uSwitch.com have shown that only one in eight Britons have secured the cheapest utilities deal they are entitled to. In fact, more than 12.5 million UK consumers are “paying…
Responding to the latest figures from the Council of Mortgage Lenders showing that home loans are at their most unaffordable since 1992, Ms Wilmott has moved to highlight the plight of Welsh families, who could be facing serious debt management…
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Christopher Dean from the Council of Mortgage Lenders (CML) insists that while introductory offers can be beneficial in the short term, homeowners can often have more pressure on their finances in years to come. “What [homebuyers] really need to do…
Continue reading the "Warning issued over headline mortgage rates" »
Mr Bexon asserts that for many people aiming to get a foot on the first rung of the housing ladder the financial pressures are now proving to be too strong and many are deterred from buying altogether. Meanwhile, the recent…
Continue reading the "First-time buyers ‘can’t keep up financially’" »
Experts from the money search engine have asserted that it is important for newly-graduated consumers to assess the potential benefits and drawbacks attached to different current account offerings before making a banking decision. Additionally, MoneyFacts advises graduates to create their…
Howard Archer, chief UK and European economist at Global Insight, suggests that inflation pressures, which are assessed by the rate-setting monetary policy committee, will lead to the cost of borrowing being increased during 2007. And with millions of British people…
Continue reading the "Expert issues interest rate warning" »
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