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‘Excellent Progress’ Made In Financial Inclusion

Progress is being made towards promoting financial inclusion, it has been claimed.Speaking earlier today, chairman of the ATM Working Group John McFall and Kitty Ussher, chair of the treasury select committee, have announced that some 337 new free-to-use cash machines are in operation in low-income areas across Britain. Meanwhile, 206 further locations have been earmarked [...]

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Lack Of Insurance ‘May Put Homeowners At Financial Risk’

Millions of consumers could be placing themselves at financial risk, it has been suggested.According to the Fair Investment Company, many Britons may discover that the expensive gifts that they received over the Christmas period may not be covered by their insurance policy.As a consequence, homeowners could face financial difficulties should they be a victim of [...]

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Financial Freedom Not Reached Until Mid 50’s

Britons are not obtaining financial freedom until they get into their mid-50s, new research has indicated.Released today, Birmingham Midshires' Life 2 report shows that it is not until they reach 55 that consumers are free from various "pressing financial strains" such as paying mortgages and personal loans and supporting their children. According to the findings, [...]

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How to Take Out a Faxless Payday Loan

Lots of people are now taking out what is known as a payday loan but you might have seen that there is one called a "faxless payday loan." So how does this differ from regular fax payday loans? It's pretty simple really, when you take out a faxless payday loan you aren't required [...]

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Student Loans and Financial Hardships

There are times in everyone's lives when finances become tight and it becomes difficult to make ends meet. Most student loan lenders are aware of this and have options available to you during times of financial hardship. Deferment and forebearance options may be available to you depending upon your circumstances.DefermentDerferment refers to postponing [...]

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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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UK On Track For ‘Financial Hangover’

The nation is set for a 'financial hangover' as the end of the year approaches, according to the publication of a new report.A recent study released by Lloyds TSB indicates that over half of Britons (59 per cent) believe that they are on track to exceed their intended spending over the festive season. And with [...]

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Consumers Under ‘Needless’ Financial Pressure

Many Britons are putting themselves under unnecessary financial pressure, new research indicates.In a study conducted by the Motley Fool, the typical consumer is reported to have about two or three credit cards, with a fifth of these borrowers carrying over 1,137 pounds in debt each month. The findings also revealed that some Britons are leaving [...]

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