Archive for March, 2007

Apacs: More household bills than ever before

by on March 1st, 2007

TweetShareWhile consumers may now receive bills for services such as mobile phone lines and satellite television, research from UK payments association Apacs reveals that the way people pay their bills is also changing. Although there has been a growth in automated and online payments, those who have previously missed credit card payments, had County Court [...]

Posted in Personal Debt | No Comments »

FOS ‘focuses’ on complaints over lending

by on March 1st, 2007

TweetShareWithin the realm of banking and credit-related issues, the FOS has confirmed that a large number of complaints focus on the alleged unfairness of a lender’s decision not to provide funds, or the provision of funds when it wasn’t apparent the customer could not afford the loan. According to the organisation, these two issues underpin [...]

Posted in Personal Debt | No Comments »

Interest rates ‘taking their toll’

by on March 1st, 2007

TweetShareAccording to Fionnuala Earley, chief economist of Nationwide, despite the absence of a further rate rise in February, recent interest rate rises are causing a reduction in interest from prospective homebuyers. With house prices rising to £174,706 in February there may be an unwillingness of many homeowners to take on significant levels of debt. “While [...]

Posted in Houses and Mortgages | No Comments »

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