Abacus Daily Debt News

Archive for the ‘Debt in the News’ Category

Sub-Prime home loan costs going through the roof

Wednesday, October 17th, 2007

Borrowers with poor credit histories are in danger of having to pay £1000’s more to secure a mortgage as the backlash from America takes hold. (more…)

A day in the life of debt in Britain

Thursday, October 11th, 2007

If you are having problems in repaying your loans and credit card debts, you are part of an ever growing group. Britain’s personal debt is increasing by £1 million every 4 minutes.
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Northern Rock Vote Against IVA’s

Monday, October 1st, 2007

There is little sympathy for the plight of Northern Rock from within the Debt Resolution industry as they have a policy of voting against IVA proposals. (more…)

Base rate unchanged, mortgages still set to rise?

Tuesday, September 11th, 2007

There are genuine fears that although base rates are unchanged that mortgage rates may still have to rise.

Mortgage rates are set to rise as crisis grips the worlds financial markets, home owners have been warned. Economists fear that high street lenders will be forced to pass on higher interest charges to their customers. (more…)

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