Archive for August, 2008

Brits “very worried” about bills

by on August 31st, 2008

TweetShareThe rising cost of household bills is causing British consumers to become “very worried”, according to Prudential. Director of lifetime mortgages at Prudential Keith Haggart said most people surveyed by the company said they had not been affected by the credit crunch. However, he added: “But there were other questions in there about petrol prices [...]

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Young people urged to save

by on August 30th, 2008

TweetShareStudents are not the only young people who may struggle with financial matters – and perhaps, ultimately, debt – a finance information provider has said. Many teenagers are about to embark on a career or take on part-time work and are beginning to learn money and debt management for themselves. Moneyfacts, however, has suggested switching [...]

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Credit crunch may be holding couples together

by on August 30th, 2008

TweetShareCouples who may otherwise be considering splitting are staying together to share the financial burden, according to cahoot. Research from the online bank found more than a quarter of British people (27 per cent) are less likely to leave their partner because of the economic climate. This equates to 12.4 million people who are scared [...]

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Female divorced pensioners ‘to benefit’ from changes

by on August 30th, 2008

TweetShareIn the same week that cahoot claimed more couples are staying together to prevent economic difficulties, Standard Life has said divorced women may take advantage of changes to pension rules. Currently, pension members can take benefits from the age of 50 and withdraw 25 per cent as a lump sum, whereas the member’s partner, if [...]

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Wrong car loan could cause debt problems

by on August 30th, 2008

TweetShareA money information website has urged people to shop around for car finance. Moneyfacts has said those looking for new 58 plate vehicles – available from next week – have a number of loans with varying rates of interest to choose from. The advice could also benefit people who want a loan to buy and [...]

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Save to prevent a DIY debt

by on August 30th, 2008

TweetShareWhile insurance is often advised to protect against debt management problems arising from damage to homes, property owners may also want to consider how they may pay for home improvements. According to research from Halifax, 80 per cent of people who took on home improvements the past year financed them with savings, which indicates many [...]

Posted in Houses and Mortgages | No Comments »

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