Archive for October, 2008
Tuesday, October 28th, 2008
Finanacial campaigners have recently called upon the Treasury to stop Northern Rock from repossessing property so readily.
Charity group ‘Credit Action’ reported that the now nationalised lender was twice as likely to repossess homes than other lenders, and added that Northern Rock wasn’t being flexible enough in its approach to borrowers ...
Posted in Credit crunch, Debt, Personal Finance, Property Prices | 2 Comments »
Tuesday, October 28th, 2008
First, there has to be a valid legal reason for your mortgage lender to repossess your home. The most often cited reasons are mortgage arrears, failing to pay loans secured on your home and bankruptcy.
If a home owner doesn’t keep up with the mortgage repayments or a secured loan, the ...
Posted in Credit crunch, Debt, Personal Finance, Property Prices | No Comments »
Monday, October 27th, 2008
The Post Office™, one of the most trusted brands in the UK with over 350 years of history, offers loads of great financial products that save you money!
Benefits of the Post Office™ credit card include 0% on Balance transfers for the first 10 months, 0% on purchases and 0% commissions ...
Posted in Personal Finance | No Comments »
Sunday, October 26th, 2008
Literally making a drama out of the credit crunch crisis
It could easily be a real headline from any time over the past few months but anyone a website called ‘Crisis in the Credit System’ is in fact something rather different from what one might expect. Instead of yet more discussion ...
Posted in Credit crunch | No Comments »
Friday, October 24th, 2008
If theres one type of bill you can never avoid its your utility bill, gas and electric are just two things you need to keep warm and cook your meals.
You can't avoid these bills but you can significantly reduce them!
Reducing these utility bills just got a lot easier thanks to ...
Posted in Frugality | 2 Comments »
Tuesday, October 21st, 2008
UK Prime minister or (Sub Prime minister as he was called this week), Gordon Brown and his bushy eyebrowed sidekick the UK Chancellor Alistair Darling are to bring forward projects and spend the UK out of recession, they are planning to build more roads, schools and hospitals to get the ...
Posted in Credit crunch, Debt | 2 Comments »
Sunday, October 19th, 2008
Most of us are struggling to balance our finances at the moment, so here are ten tips for coping with debt.
Don’t ignore the situation – write down how much you owe and to whom. Add in all monthly repayments and then work out how much you need for food and ...
Posted in Debt | 1 Comment »
Thursday, October 16th, 2008
As the credit crunch bites on the high street, there’s one retailing group who aren’t concerned in the least; Pound and other ‘thrift’ shops. Bargain stores such as Poundland have seen profits more than double this yearWhile other businesses face job cuts and slow trade this Christmas, the 200 strong ...
Posted in Credit crunch | No Comments »
Tuesday, October 14th, 2008
The City’s financial market was in shock last week after the apparent suicide of a millionaire financier came after he apparently told colleagues he was ‘haunted by the pressures of dealing with the credit crunch.’
Banker Kirk Stephenson, who was married and had an eight-year-old son, jumped onto tracks and into ...
Posted in Credit crunch | No Comments »
Sunday, October 12th, 2008
Gordon Brown has told the petrol industry that the cuts in the price of oil should be passed on to UK consumers. The price of oil has recently plummeted from a high of $147 a barrel for US Light Crude during the summer to $82.24 at noon last Friday.
Gordon ...
Posted in Credit crunch | 2 Comments »