Archive for November, 2009
Store cards charge up to 31 per cent APR claims new research
UK shoppers are being warned against using expensive store cards as figures show worst offenders charge as much as 31 per cent APR, compared with 17 per cent on credit cards. The research by consumer group Which? criticized both the “unnecessarily high” rates of interest and the easy access to store cards. Its study suggested [...]
November 16, 2009
Tags: home loans, Loan calculator, loans, loans rates, UK loans rates Posted in: Uncategorized 
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Buy to let home loans mortgage market shows signs of recovery
The buy to let home loans mortgage market grew for the first time in two years during the third quarter, new figures show. A total of £2.1bn was advanced to investment landlords during the three months to the end of September, 10pc more than during the previous quarter, the Council of Mortgage Lenders said. But [...]
November 13, 2009
Tags: Credit Crunch, home loans, Loan calculator, sub prime loans Posted in: Uncategorized No Comments
Fixed rate home loans- best choices
Now is the right time to take the plunge with a longer term fixed rate home loan. To track or to fix, that is the question. Unfortunately it’s a mortgage question without a clear cut answer. It’s hardly surprising tracker mortgages are proving popular with borrowers right now when the rates on the most competitive [...]
November 12, 2009
Tags: home loans, loans rates, UK loans rates Posted in: Uncategorized No Comments
Money worries affects work performance
Eight out of ten people admit they feel anxious about their finances, with many saying their worries affect their performance at work. Around 5 per cent of people say they have taken time off work during the past 12 months because of their money worries, while seven out of 10 people admit they spend time [...]
November 11, 2009
Tags: Credit Crunch, home loans, recession, sub prime loans, uk recession Posted in: Uncategorized No Comments
Credit- how to make an application- without damaging your history
If you make an application for a loan or credit and are rejected, it can have a negative impact on your credit record. Here’s a useful new way to avoid that fate: If you’ve ever been turned down for a credit card or other financial product you’ve no doubt felt frustrated, confused or just plain [...]
November 10, 2009
Tags: Credit Crunch, UK loans rates, uk recession Posted in: Uncategorized No Comments
Bad credit card loans will soar
Bad credit card debt loans may reach as much as 9% of all outstanding balances by the end of next year, an accountancy firm has said. “Bad debts in the sector have reached historic highs,” according to PricewaterhouseCoopers (PwC). The figure stands at about 6% now. This comes despite a “cooling passion” for credit cards, [...]
November 9, 2009
Tags: Credit Crunch, home loans, loans, UK loans rates Posted in: Uncategorized No Comments
Bank of England prints another £25 billion
The Bank of England’s Monetary Policy Committee voted as expected to leave interest rates unchanged at 0.5%. However Quantitative Easing was expanded by £25 billion to take the programme to £200 billion of money created to buy debt. This was less than many expected and in the accompanying statement the Bank of England were slightly [...]
November 6, 2009
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Bank of England prints another £25bn in quantitative easing
The Bank of England’s monetary policy committee voted today to expand its vast programme to pump cash into the UK economy by £25bn, in a sign that it remains worried about the outlook in spite of incipient signs of recovery. The move to increase “quantitative easing” – creating money in order to boost spending – [...]
November 5, 2009
Tags: Bank of England, Credit Crunch, loans, Quantitative Easing, UK loans rates, uk recession Posted in: Uncategorized No Comments
US loans interest rates left unchanged
The Federal Reserve Board has kept US interest rates on hold at between 0% and 0.25%, as had been widely expected. Despite the US economy growing 3.5% in July to September – its first expansion since June 2008 – rates were left unchanged to further aid the recovery. The Fed reiterated its view that rates [...]
November 4, 2009
Tags: home loans, Interest Rates, loans, US loans rates, US mortgage rates Posted in: Uncategorized No Comments
10 warning signs of indebtedness
Do you have a debt problem- or do you think you’ve not got a debt problem – but then again, you may be in denial! Here’s how to tell: These days, most of us have some form of debt to deal with – whether it’s a loan, a credit card, or an overdraft. But the [...]
November 3, 2009
Tags: consolidate debt loans, Loan calculator, loans, refinancing rates, sub prime loans Posted in: Uncategorized No Comments
