Complaints against UK banks have risen by 25%, led by anger over loans and overdrafts and default charges, according to industry figures
Tag: Loans
MoneyExpert: Undergrads Face £15,000 Cost Of Education
The average undergraduate beginning their degree programme this year will leave university in 2009 with debts of £15,000, Callcredit has warned.
Motley Fool: The Deal Of The Decade!
Way back in the Nineties, I took out a ten-year fixed-rate home loan with my existing mortgage lender.
MoneyExpert: UK Saves Record Amount €“ But Can’t Stop Borrowing
The UK banked a record amount of savings between April and June of this year new figures have shown, with some £38.6 million put away for a rainy day.
This Is Money: Homeloans Hit New Record
The London-led house price resurgence and a boom in summer interest pushed homeloans to a new record in August as Britain borrowed £32.7bn
Motley Fool: Get Out Of Debt Discussion Boards
Here at the Fool we have hundreds of different discussion boards that cover virtually every subject you can think of. Below we’ve listed a collection of the most popular boards on our site that deal with getting out of debt.
Motley Fool: The Dangers Of Debt Consolidation
Some companies offer personal loans that are specifically designed for debt consolidation. These often have relatively low interest rates, which means lower monthly payments. However, they’re usually dragged out over so many years that you end up paying a fortune in interest.
Motley Fool: The 15m-An-Hour Investing Opportunity
It is estimated that total UK personal debt currently stands at £1, 237b. Additionally, personal debt is growing at a rate of £1m every four minutes! That equates to an increase of £15m an hour. What’s more, one person is falling victim to insolvency every minute, and in the last four years the average age of a bankrupt has dropped from 43 to 41.
MoneyExpert: Student Barclaycard Condemned For Irresponsible Lending
Debt campaigners have condemned Barclaycard after it announced that it has doubled the amount of credit on offer on its student card.
Motley Fool: This Massive Rip-off Needs Killing Off!
Since I first started writing for The Motley Fool in January 2003, I’ve criticised rip-off payment protection insurance (PPI) over five hundred times. (Payment protection insurance meets the repayments on a credit card, loan or mortgage if you are unable to work due to accident, sickness or unemployment, and pays off your debt if you die.)