Thrifty Loans

Credit Card Fees On The Rise

The past month has seen the introduction of an incredible 31 different fee increases by credit card companies, and consumers could end up paying millions for them. Revealed by data analyst Moneyfacts, the charges mainly see rises in withdrawing cash and interest rates on cash withdrawals. In addition banks and building societies have increased commission [...]

Continue reading...

House Price Falls Expected To Hit Half The Country

Credit reference agency Experian has issued a report forecasting that half of the country will see house price falls in the next 18 months as the effects of the credit crunch continue to bite. Mortgage lenders are being much more stringent about what they will lend and to whom, and this and the credit squeeze [...]

Continue reading...

Sky-High Interest Rates On Store Cards

The interest rate on nearly half of all store cards has reached 25% as the credit crunch squeezes even tighter. This has reached such a high level that the Competition Commission has indicated that customers need a “wealth warning” to be shown on their monthly bills. Some store cards have rates on as much as [...]

Continue reading...

Mortgages And Loans Are Still Easy To Get

Recent reports of credit card applications being turned away in huge numbers have not been official figures, but have been the results of various surveys. However, banks, mortgage providers and credit card companies are denying that they have actually tightened their lending criteria in the last few months. Capital One, who have pulled out of [...]

Continue reading...