On January 1st 2007 Scottish and Southern Energy will increase its gas prices 12.2 per cent and up its electricity costs 9.4 per cent. Eight days later British Gas is set to increase its online Click Energy tariff, moving it…
The Motley Fool survey also found that three per cent of shoppers go for the instant credit of a store card because of a pushy sales assistant, with women twice as easily persuaded as men. With higher interest rates than…
Continue reading the "Third of shoppers “sleepwalking” to debt danger" »
Even though divorce rates are falling, Norwich Union states in its report on the cost of splitting that the average couple has to fork out £28,000 when their marriage ends, twice the amount spent in 2003. Simon Quick of the…
In a move that will see IVAs self-regulated in a way similar to the Banking Code is, it should benefit users of the agreements even more. While many already trust reputable providers to help them clear debt through an IVA,…
According to Macmillan Cancer Support, one in seventeen of the people diagnosed with cancer lose their home, while one in six has difficulties meeting mortgage repayments or rent. Worst affected were the self-employed, with a ninth of them losing homes,…
Both uSwitch and the Motley Fool called for lower charges and for disgruntled customers to reclaim unlawful charges from their banks. However, David Kuo, head of personal finance at the Motley Fool, said that customers should still be financially educated,…
Continue reading the "Groups call for lower bank charges following investigation" »
Over the penultimate quarter of 2006, almost a third of under-thirties were forced to use their savings in order to meet the payments of unexpected bills, Birmingham Midshares claims. “Our latest findings make for worrying reading as we move into…
Following proposals by the Treasury’s cash machine taskforce, the government will include a “financial inclusion premium” into the rules for Britain’s network of ATMs. This should lead to 600 new free-of-charge cashpoints appearing in some of Britain’s poorest areas, hopefully…
Continue reading the "Citizens Advice: Free cash machines good for poor" »
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