- Friday, October 30, 2009, 14:57
- Credit Cards, Debt Management
A new watchdog has been been created to look out for the interests of borrowers and monitor the actions of lenders when a new Lending Code is launched on the 1st November.
The Lending Standards Board is an independent body, co-sponsored by the British Bankers Association, the Building Societies ...
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- Friday, October 30, 2009, 14:50
- Personal Finance
New research from Halifax has revealed that half of householders fail to protect their home from fire damage, with 46% admitting that they have not installed a smoke alarm.
Over 2,000 Halifax fire damage claims last year, costing almost £19m in total to repair, with an average cost per claim of around £8,000. Yet the report, which has been released in preparation for Fire Safety Week ...
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- Thursday, October 29, 2009, 11:57
- Household Finances
A new report from PayPal has revealed that 94% of people in the countryside now shop online.
The online payment provider's report, entitled "Online Retail: the new consumer demands", suggests that online shopping could prove to be the lifeline rural communities need, as up to 33 village shops are predicted to close every month over the ...
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- Thursday, October 29, 2009, 11:34
- Credit Cards, Debt Management, Featured
Yesterday, the Government announced proposals to ensure that
credit and store card companies give people a fairer deal. One of the changes proposed was a change to 'negative payment hierarchies' which see the cheapest debt paid off first. The Government also proposes that minimum monthly repayments should be increased to help people
pay ...
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- Wednesday, October 28, 2009, 15:05
- Personal Finance
Last week HM Treasury confirmed that the banking industry had met comfortably its shared goal with the Government to halve the number of UK households without
bank accounts.
Now, the latest figures released today from the British Bankers Association (BBA) reveal that 107,000 post office accessible accounts were opened in the second quarter of this year and 21,000 existing accounts upgraded.
The partnership agreement between HBOS ...
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- Wednesday, October 28, 2009, 15:04
- Featured
The September data from Land Registry's flagship
House Price Index shows a rising market with a monthly house price rise of 0.9%, up from 0.5% in August. The annual drop of 5.6%, up from a low of minus 16.3% in February, takes the average house price in England and Wales ...
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- Tuesday, October 27, 2009, 13:18
- Featured, Loans
Despite a rocky start, it seems the Government's car scrappage scheme is succeeding in its mission to stimulate the motor vehicle market in the UK.
The UK car scrappage scheme was announced in the Budget speech on April 22nd, and allows owners of cars and small vans registered before 31st August 1999 to trade ...
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- Tuesday, October 27, 2009, 13:00
- Household Finances
Since the
recession kicked in, chances are you've buy on visits to the cinema and instead elected to snuggle up at home where the viewing is altogether cheaper.
Well according to to new research by Abbey Savings, this decision to stay at home during their entertainment and leisure time is widespread, ...
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- Monday, October 26, 2009, 13:19
- Credit Cards, Debt Management, Featured
Almost two-thirds of
credit card users don't understand that their cheapest debt is paid off first, according to new research from moneysupermarket.com.
The report suggests that Britain's credit card borrowers feel ‘angry' and ‘cheated' by the repayments hierarchy, that sees debt with the lowest interest rate cleared first, before funds are directed to ...
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- Monday, October 26, 2009, 13:18
- Debt Management, Mortgages
The average UK homeowner spends over £1,000 on home security, but just one in three people protect
mortgage payments, according to new research from
insurer LV=.
In an online poll of 2,007 British adults, LV= found that burglary is seen as the number one threat to the home, picked by two-thirds of those surveyed (65%), compared with almost half of people (49%) citing mortgage ...
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