According to statistics released from MoneyExpert.com, approximately 5.7million credit card customers have switched providers within the last 6months in a desperate attempt to bring their debts under control. Roughly 394,000 more credit card customers switched providers in the latter part of 2007 than in the first half. MoneyEpert’s chief executive, Sean Gardner reckons that customers are [...]
Continue reading...Monday, February 11, 2008
The bidding for Northern Rock may not be over yet, as Olivant has agreed to meet with officials from the Treasury to see if their bid can be resurrected. The withdrawal of Luqman Arnold’s Olivant on Monday left only two bidders for the bank – the current board and Richard Branson’s Virgin-led consortium – and shares [...]
Continue reading...Friday, January 25, 2008
It looks like 2008 is going to be a bad year for consumer debt. With UK debt at £1.35 trillion and interest payments on that debt at £93bn a year, it is mind-boggling, but how you can reduce your particular contribution to that amount? With your mortgage, if you have some savings, it is well worthwhile [...]
Continue reading...Monday, December 17, 2007
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 [...]
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Thursday, February 14, 2008
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