RSS

Archive | December, 2007

Beware Store Cards

17. December 2007

0 Comments

Christmas is obviously a time of year when people spend a lot. However, the carefree attitude can be more expensive than it needs to be. For example, store cards can be very ‘helpful’ with their offers of instant credit and in-store discounts, which can be 10% or even 20% off the price of goods in the [...]

Continue reading...

Young Run Up Debt To Fund Celebrity Lifestyles

10. December 2007

0 Comments

Young people in Britain today are attempting to pursue a celebrity lifestyle on guttersnipe wages, and the numbers simply don’t add up. Experts claim that such a high-spending lifestyle beyond affordability is akin to committing financial suicide, and they are showing a reckless attitude to borrowing. Bankruptcy is not seen as shameful, but rather as a [...]

Continue reading...

House Prices Down, But Rental Market Up

7. December 2007

0 Comments

House prices are continuing to stall as they fell for the second consecutive month in November as high interest rates continued to impact the market. Housing information group Hometrack reported that the average cost of a home in England and Wales fell back by 0.2% in November to £175,700. The fall came on the back of [...]

Continue reading...

Northern Rock Bidders Line Up

6. December 2007

0 Comments

The sale of Northern Rock is still up for grabs. It looked last week as though Richard Branson’s Virgin Money were on the brink of a deal, but it’s not done yet. Indeed it began to look at the start of this week as though there may be a competitive auction for the ailing bank. As doubts [...]

Continue reading...