According to a recent report, UK consumers are starting to question the value of credit cards as a means to borrow, demonstrated through a decline in the number of new card applications for May 07.
The number of newly issued cards for the month of May has decreased by approximately 8%. Analysts have suggested, that consumers [...]
In what can only be described as a blessing for UK homeowners, a suspected imminent rise in the national rate of interest has been put on hold.
However, analysts have warned homeowners not to sit to comfortably just yet, as it is suspected that rate hike number 5 could be just around the corner. So far this [...]
A recent study conducted by a UK based finance site has discovered that the overall cost of low value loans has increased rapidly over the last few months, whilst higher volume loans have remained relatively stagnant.
According to the data, applicants who fall into the sub prime band (less than perfect credit) are amongst the hardest [...]
An alarming amount of UK holidaymakers are opting to use their credit cards to withdraw cash from ATM machines, unaware of the extortionately high rates of interest tagged to such transactions.
Accordingly almost 25% of British holidaymakers use their credit cards abroad in this way, unknowing that interest rates for such withdrawals can vary massively from [...]
In today’s Internet driven, everything at your fingertips society, there is very little excuse for not being able to find a great deal when it comes to shopping for personal finance.
However, according to a new report over 60 percent of people who agree to a vast number of loan and personal finance products, do so [...]
According to a new report issued by financial services group Credit Suisse, up to 1 million fixed rate mortgage borrowers could see a dramatic rise in their monthly repayments as numerous cut-price offers draw to an end.
Fixed rate mortgages offer “budget conscious” consumers peace of mind, as repayments are not directly tied to interest rates [...]
Many first time buyers are willing to sacrifice certain aspects of their lives, if by doing so, the chances of getting onto the property ladder will be increased.
According to a new report, first time buyers are taking a far more practical approach to buying a home, and are less inclined to source home loans that are [...]
