Finance and Credit Professional

With financial conditions set to worsen over 2008, consumers need to take steps to safeguard their finances, an industry expert has warned.According to Angela Knight, chief executive of the British Bankers' Association (BBA), people must be careful with how they manage their money during the next 12 months. She also pointed out that Britons should [...]

Those consumers living in Warwickshire who are in the midst of financial difficulties are being urged to avoid borrowing from one unscrupulous loan lender, it has emerged.According to the county's Citizens Advice branch, residents - and in particular those on low incomes who will find their spending squeezed as the festive season approaches - are [...]

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 [...]

British borrowers could save over 1 billion pounds in interest by switching to a cheaper personal loan, new research indicates.In findings by uSwitch, it was revealed that by transferring expensive borrowing to cheap loans mid-term, consumers could be a total of 1.25 billion pounds better off. According to the price comparison website, those who opt [...]

Parents may find pressure on their finances is being compounded due to the cost of funding their child's extra curricular activities, new figures indicate.Research carried out by Alliance

Last month's slowing in mortgage lending could spell bad news for borrowers, one firm has claimed.Price comparison service moneysupermarket has asserted that the mortgage industry is shrinking - meaning that lenders are looking elsewhere to cut costs and increase profits, including in lending such as personal loans.The company was reacting to the latest figures from [...]

New homeowners are finding it difficult to fund improvements to their property after they move in, fresh research indicates.According to new data from insurer More Than, as many as three in five (60 per cent) homeowners find it difficult to fund renovations having moved into a home due to the high cost of property. However, [...]

With the clocks going back and the signs of winter undoubtedly setting in, the call of warmer climes is getting increasingly pressing for a number of Brits.According to the latest figures from price comparison site Moneysupermarket, UK holidaymakers undertaking a winter getaway spend significant sums on their sun-seeking breaks - with spending reaching an average [...]

An increasing number of people are applying for a personal loan as a means of consolidating their previous debts, an industry expert has declared.According to Robin Amlot, senior editor of Moneyextra, more Britons are now looking towards a personal loan to help them quickly meet a number of commitments on their spending, such as credit [...]

Those looking to get married should be conscious of the financial pressures the big day can entail, it has been suggested.Pointing to findings by Wedding Guides UK, F