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Mortgage Criteria Gets Stricter

Monday, March 24th, 2008

Borrowers are finding it tougher to find a mortgage as cautious lenders continue to withdraw and change deals. (more…)

Comman Misconceptions About Credit Reports

Thursday, March 20th, 2008

There are many factors creditors consider before offering credit. Here are some common un-truths about the process. (more…)

Repossession Stopped Within 24 Hours Of Calling Abacus

Tuesday, March 18th, 2008

This demonstrates it’s never too late to seek the proper advice from Abacus to prevent eviction.

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Not Registered to Vote? It Can Harm Your Credit Worthiness.

Monday, March 17th, 2008

Make sure your are registered to vote. This a factor used by lenders to determined you suitability for credit.

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Are You Financially Fit, Overweight or Obese ?

Friday, March 14th, 2008

A report from Lloyds TSB claims 46% of British adults are ‘financially overweight’, and that 10% are the ‘financially obese’. Lloyds TSB is calling this the Bank Mass Index (BMI) which was developed by Stephen McKay of the Birmingham University.

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Opening a new bank account with bad credit

Thursday, March 6th, 2008

For many people, the biggest mistake they make financially is having debts with their own bank. Banks have the “right to offset” i.e. they will always take money from a debtor to cover the debts with the bank in preference to any other payments due.

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Citizens’ Advice Calls For Increased Credit Card Awareness

Thursday, March 6th, 2008

Almost 40% of people contacting the CAB for debt management advice use credit cards as their primary means to withdraw money from cash points. (more…)

Call For Government Sponsered Financial Advice Scheme

Wednesday, March 5th, 2008

With So many UK consumer experiencing debt management problems, there is clear need for financial educational from an independent body.

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March 2007 Statistics From Credit Action Show 9.1% increase in personal debt

Monday, March 3rd, 2008

Credit Action are a national money education charity who collate and publish consumer debt statistics each month.  (more…)

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