Payday loans `on the increase`
20 August 2010
A report by Consumer Focus has found that the number of people taking out `payday loans` has increased fourfold in the last four years.
... read more »
Credit card rates `getting further away from base rate`
20 August 2010
Average interest rates on credit cards are continuing to grow, despite the Bank of England`s base rate remaining at an all-time low, according to the Money Advice Trust.... read more »
Young people `afraid of debt`
19 August 2010
Two in three teenagers say they are `scared` at the prospect of getting into debt, according to a survey by MyVoucherCodes.co.uk.... read more »
Mortgage arrears and possessions down
19 August 2010
The latest figures from the Council of Mortgage Lenders (CML) show that the number of mortgages in arrears and the number of repossessions by first-charge mortgage lenders both dropped in the second quarter of 2010.
... read more »
Inflation: Bank writes to Chancellor again
18 August 2010
The Governor of the Bank of England, Mervyn King, has again had to write to the Chancellor to explain why inflation is so high.
... read more »
National debt to hit 90% of GDP within 3 years
18 August 2010
According to Moody`s, the credit rating agency, public debt in Britain will reach 90% of its GDP (Gross Domestic Product - a measure of economic activity) by 2013, ifaonline.co.uk reports.... read more »
The future of credit cards?
18 August 2010
Mophie, a mobile phone accessory company, has revealed a new gadget that turns iPhones into credit card readers, pocket-lint.com reports.
... read more »
Flood insurance - Govt investment a `must`
17 August 2010
As climate change adds to the risk of floods - and therefore to the cost of floods - the Government needs to invest in flood defences, according to the Association of British Insurers (ABI).
... read more »
Mortgage debt: changes ahead
17 August 2010
With the future of house prices uncertain and the FSA (Financial Services Authority) looking at ways of tightening lending rules, we`re likely to see changes to the way homeowners repay their mortgage debt.
... read more »
Smaller loans more expensive
17 August 2010
The average interest rate on a personal loan under £5,000 has hit a ten-year high, according to research from moneysupermarket.com, while the cost of larger loans is now falling from the highpoint reached in May.
... read more »
This is page 3 of 162