Archive | May, 2007
Mortgage misery looks set to continue
After our fourth mortgage interest rate rise in 10months, it has emerged that we have been let off lightly with a rise of 0.25%, because apparently there were hopes to lift the rates by an unprecedented 0.5%. This latest increase has been difficult enough to cope with £32.64 per month being added to a typical £200,000 [...]
Continue reading...Beware hidden card fees
23. May 2007
A warning has been issued to be on your guard against hidden credit card fees as information emerges that such actions are on the increase. Research shows that 1 in 8 card companies have at least one card within their range which carries an annual fee, with some even reaching a staggering £275 per annum! MoneyExpert.com conducted [...]
Continue reading...Brits use retail therapy to combat stress regardless of rising personal debt
22. May 2007
In a recent survey by the charity Retail Trust, it shows that one in four, that is roughly a quarter of Brits use shopping as a means to relieve stress, with little or no regard to their ever increasing personal debts, with 40% of the 18-24 year old bracket being the most likely of the [...]
Continue reading...Brits rise to the top in European credit card spending league
21. May 2007
It is estimated that an average Briton will spend a staggering £157,530 during their life on their credit cards. This research has been conducted by life assistance company CPP and shows us that British consumers are increasing their expenditure on their credit cards. Taking these figures alone they project that overall, UK citizens en mass [...]
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24. May 2007
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