TweetShareA price comparison firm has warned that UK consumers are being left out of pocket by fee-paying bank accounts. MoneyExpert is convinced that people who are making use of so-called packaged accounts are paying an average of £11.61 for the privilege but are getting very little in return. The incentives that are offered by banking [...]
Archive for March, 2008
Warning fired over fee-paying bank accounts
by News Team on March 20th, 2008
Mortgage borrowers urged to shop around
by News Team on March 19th, 2008
TweetShareAnyone considering taking on the serious debt management burden of a mortgage ought to shop around for the best deal available to them, according to one expert. Sue Anderson from the Council of Mortgage Lenders (CML) has made clear that researching the local property market and the relevant loan deals that are on offer is [...]
CAB report ‘worrying debt picture’
by News Team on March 19th, 2008
TweetShareCitizens Advice bureaux (CAB) around England and Wales have reported what the organisation has described as a “worrying picture” of growing debt problems in communities nationwide. Many thousands of families are struggling to become debt free and a poll of 75 per cent of all the CAB in England and Wales suggested that these facilities [...]
Credit card warning for holidaymakers
by News Team on March 19th, 2008
TweetShareHolidaymakers have been warned to familiarise themselves with any fees they might be charged for using their credit cards while outside the UK. The Nationwide Building Society has suggested that foreign currency loading fees will catch many people out and leave them with an increased level of credit card debt when they return to Britain. [...]
Banking woes ‘should be a wake up call’
by News Team on March 19th, 2008
TweetShareThe serious problems affecting banking groups in the US and in the UK should act as a wake up call to consumers across the country, it has been claimed. According to Callcredit, the recent collapse and emergency bail out of Bear Sterns should prompt people with debt management issues on both sides of the Atlantic [...]
Millions moving debts to one lender
by News Team on March 18th, 2008
TweetShareMillions of British consumers have moved their debts to a single lender over the course of the past few years, according to recent research. Figures compiled by MoneyExpert have shown that around 6.5 million people around the country have seen fit to use a debt consolidation loan in an effort to solve their personal finance [...]
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