According to recently released figures homeowners in the UK have reduced their overall mortgage debt by an impressive £8 billion, even though the financial crisis continues and the country is plunged into recession.
Although it may seem that Christmas is long gone, it has actually only been a couple of months since the festive season and New Year, and sadly many people are still reeling from the financial repercussions of the period, having spent far more than they intended to, and often having put the cost of the [...]
It can be very tempting for those with a high level of debt and financial commitment to simply try and ignore their financial worries once difficulties set in. Many people think that burying in their heads in the sand and trying to ignore financial worries means that they will not get stressed over the situation, [...]
According to a recent report the effects of the global credit crunch have gone much further than simply making it more difficult to get finance in the UK. Industry officials claim that many consumers are now committing higher levels of fraud on finance applications as a result of the credit crunch, as they think that [...]
It was in the summer of last year when most of us heard the expression ‘global credit crunch’ for the first time. At that time few of us knew just what a dominating force the credit crunch would be in the world of finance, but over eight months later this phenomenon continues to wreak havoc [...]
Credit cards make access to loaned funds, or credit, really, really, simple. The ease with which people can borrow money with credit cards is both their huge advantage and their huge disadvantage.
This is a very good question to be asking your self before taking out any type of loan or making any financial commitments. Debt consolidation loans are becoming increasingly popular with consumers in today’s over indebted market place. They are often available to those with poor credit histories and other borrowers who are considered high [...]
Obtaining a credit card can be a great financial tool. It is more convenient to use and carry than cash, and offers valuable consumer protections under federal law.
