MORE young women than ever before are winding up bankrupt as a result of credit card debts and rising household bills.
Scotsman: Watchdog Set To Probe ‘unfair’ Bank Charges
FINANCIAL Ombudsman Walter Merricks is threatening to investigate the banks after a 15-fold increase in complaints about charges.
Scotsman: Capital One Criticised Over Credit Card Cheques
A LEADING debt campaigner has described Capital One Bank as “reckless” after it sent its customers unsolicited credit card cheques.
Scotsman: Calls For Regulated Savings Club After Farepak Collapse
SCOTTISH money advisers and charities are calling for the establishment of a properly regulated not-for-profit savings club, after the collapse of the Farepak Christmas club left 150,000 families facing a miserable festive season.
Scotsman: Anchor Your Mortgage Now
THE wicked fairy of higher mortgage bills will arrive next month to spoil the Christmas party, after Britain’s biggest mortgage companies announced they will be increasing interest rates from December 1.
Scotsman: Expect Bush’s Problems In America To Hit Your Wallet
I WAS on the phone a few months ago to a dear American pal, discussing the things old friends chat about across continents: the war, house prices, next year’s holiday… and then we got on to Bush.
Scotsman: Left High And Dry By Flood Insurance
THE Scottish Executive’s multi-million-pound flood defence programme, which has made considerable headway in ensuring Scots homeowners are protected from being flooded out of their homes, is being ignored by insurers when it comes to the premiums they…
Money Links For 11th Nov 2006
Links to other interesting money articles on 11th Nov 2006.
MoneyExpert: Financial Planning Stalls For 68% Of Parents
Some 68 per cent of parents said they have had to put a hold on financial planning and savings due to the costs of raising a child, it has emerged.
MoneyExpert: Balls: Credit Unions Can Now Offer Larger Loans
Ed Balls, the economic secretary to the Treasury, has highlighted how credit unions are now able to offer larger loans over longer periods.