Holidaymakers `wasting cash` on credit card charges
4 August 2010
According to research from Post Office Credit Card, UK holidaymakers are set to waste over £60m on charges for using their credit cards overseas throughout the remainder of this year, headlinemoney.co.uk reports.... read more »
Age and insurance - one in five over-65s turned down
4 August 2010
Finding an insurance deal can get more difficult - and more expensive - with age, an article in The Telegraph reports.... read more »
Debt in June - latest BoE figures
3 August 2010
In June, consumers collectively repaid more unsecured debt than they took on, the Bank of England`s latest `Lending to Individuals` figures tell us.
... read more »
Credit card borrowing up in June
3 August 2010
Net credit card borrowing increased by £0.1bn in June, despite an overall fall in net consumer credit that month, according to the latest `Lending to individuals` report from the Bank of England. ... read more »
Lenders anticipate `spike` in home loans
3 August 2010
Financial advisers expect a 7.2% quarter-on-quarter increase in home loans during the third quarter of this year, according to Paragon Mortgages` Financial Adviser Confidence Tracker (FACT) survey. ... read more »
Holidaymakers take on debt to pay for travels
2 August 2010
New figures published by insolvency trade body R3 have shown that over 2 million (2,329,500) holidaymakers have taken on (on average) over £1,000 of debt to pay for their travels.... read more »
`Free cash` warning to bank account customers
2 August 2010
The Financial Ombudsman Service, a free service set up to settle complaints between consumers and financial businesses, has warned bank account customers that they are `unlikely to be allowed to keep money mistakenly credited to their bank account`, the BBC reports.... read more »
81% of Brits changing shopping habits to cut costs
2 August 2010
Over four fifths (81%) of British shoppers have changed the way they shop in an attempt to reduce their costs, according to banking group Santander. ... read more »
Mortgage market could remain quiet into autumn
2 August 2010
The Council of Mortgage Lenders (CML) says that the mortgage market is likely to stay quiet into autumn this year, after gross lending figures from the Bank of England fell slightly short of expectations. ... read more »
Consumers focused on repaying debt in June
30 July 2010
Borrowers repaid more consumer credit than they took out in June, according to the latest `Lending to individuals` report from the Bank of England. ... read more »
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