Thrifty Loans

Reduce Your Contribution To The Debt Mountain

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 [...]

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Confidence In Property Has Plummeted

A December poll has shown a complete loss of confidence in the property market as just one in five believes that average house prices will increase in 2008. The poll said that three-quarters of the respondents expected property prices to fall in the next 12 months, and just over half thought that prices would drop [...]

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Bank of England Forced To Dig Deep

The credit crunch shows no signs of releasing its ever-tightening grip on world financial markets, and the Bank of England is being forced into further measures to try to tackle the crisis. Only last week the Bank of England, the US Federal Reserve, the European Central Bank, plus the Bank of Canada and the Swiss [...]

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Young Run Up Debt To Fund Celebrity Lifestyles

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 [...]

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