FSA in drive to educate us on debt management
Tag: Debt
Motley Fool: Warning Signs For Homeowners!
Every month, figures from the Bank of England show that the UK’s mortgage debt continues to soar. Here’s how it’s exploded over the past decade:
MoneyExpert: Credit Card Debt ‘a Turn-off’
New reports indicate that credit card debt, overdrafts, and accounts in the red are a turn-off for prospective partners, with a large percentage of people more likely to get into a relationship with sensible savers.
According to a survey conducted by Yorkshire Building Society (YBS) a strong savings ethic is an attractive quality in long-term partners. Out of over 1,600 surveyed, 60 per cent of all women would rather be with a man with no debt.
Over 40 per cent agree it would be better to date a man with savings in the bank, while over 95 per cent would not want to be in a relationship with someone who was not financially sensible.
“It seems money really can buy you love as today’s singles search for a saving-smart superhero to settle down with,” comments YBS media relations manager Tanya Jackson, continuing to state that most women are drawn towards sensitive spenders rather than high rollers.
Credit card holders may soon have to shop around for the best rate after PricewaterhouseCoopers announced annual fees could be introduced to make up for industry deficits of £1 billion.
Motley Fool: Could This Save You Some Cash?
Regular readers of the Fool will know how we like to help you save a few (hundred) quid here and there. Switching to cheaper gas and electricity suppliers, moving your cash to a best buy savings account and shifting any expensive debt to a 0% credit card are just a few of the methods we favour. However, there are some less obvious ways we can save money.
MoneyExpert: Credit Card Fees Could Happen Soon, Says Analyst
Free banking could be a thing of the past as credit card providers look for other ways to make money, according to an analyst at financial website moneyfacts.co.uk.
This Is Money: Banks To Seal Debt Escape Route
Thousands of people trying to escape some or most of their debts could be stopped in their tracks by a new centralised service offered to banks and other lenders
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: Wannabe WAGs Borrow For A Lifestyle They Can’t Afford
MORE young women than ever before are winding up bankrupt as a result of credit card debts and rising household bills.
Scotsman: Women In ‘binge-debt’ Crisis
WOMEN in the UK are saddled with significantly more debt than men. New research from financial expert Sesame reveals that, on average, women over 35 owe £8,219, compared with the £3,436 borrowed by their male counterparts – a massive 139 per cent…
MoneyExpert: New Homeowners Urged To ‘check Mortgage Very Carefully’
Those looking for the best mortgage rate are being advised to consider what they can afford, following Thursday’s rise in interest rates.