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Borrowers Less Willing To ‘Stretch Themselves Financially’

Homeowners are coming under increased financial pressure, new figures indicate.According to a study released by the Council of Mortgage Lenders (CML), payments made on mortgage interest over the course of October reached the highest peak recorded for more than 15 years. During the month, first-time buyers contributed just over a fifth (20.6 per cent) of [...]

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Five Keys To Effective Debt Consolidation

There are many debt consolidation programs out there. Many simply want to take some more of your hard-earned money and may simply provide you with a minimum of services. Here are some things you can do to help yourself out of potentially tight financial situations and come out better for it. Even more important, a [...]

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Tourists Face Extortionate Charges

Millions of Britons set to go abroad this summer may face financial problems before the implementation of caps on mobile phones costs, a price comparison website has claimed.According to moneysupermarket, some six million tourists travelling to the United States and Europe over the course of July could have their attempts at debt management squeezed as [...]

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People Falling Behind With Payments ‘Hit With Punitive And Unjust Charges’

Those borrowers who get into arrears by missing mortgage repayments may find that doing so may set them back by "more than they think", according to the publication of new statistics.In research carried out by moneysupermarket, those who get into arrears by not meeting a loan lender's monthly demand for a mortgage payment or having [...]

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\’Huge Step\’ Made In Financial Inclusion

Earlier this week, the Treasury announced that the implementation of hundreds of non-fee charging automated teller machines (ATM) throughout Britain is set to benefit more than one million people - in particular those on low incomes. The scheme, which will see some 600 fee-free ATMs installed, could well help some of the most financially vulnerable [...]

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