It has been revealed that credit card companies are continuing their practice of increasing interest rates on borrowers who have never made a late payment.
Some of the worst cases are examples of credit card companies putting up rates on borrowers who have never made a late payment by as much as 100%. That could mean […]

With banks and credit card companies tightening their belts when it comes to lending an increasing number of us are finding it more and more difficult to secure credit, however there are a few steps you can take in order to avoid becoming a victim of the credit crunch as well.
One of the easiest ways […]

You know that feeling when you go to do something at your bank and feel like you’re being rude for asking them? The clerks don’t know who you are and for the most part don’t really care. Well there is an alternative type of bank out there. This is called a credit union and you […]

Credit card companies have begun to target borrowers who don’t have a blemish on their credit records as they tighten up on credit lending. It has been reported that some credit card companies have begun to impose punishing interest rate rises on borrowers who they believe are on the verge of struggling.
Credit card companies’ look […]

The average Briton owes £33,000 in debt, this is almost twice as much as debt was only seven years ago when the average amount of debt was £17,000.
The large rise in debt is mainly a direct result of increases in house prices in the past decade and things are expected to get even worse in […]

British Gas is sending out strong signals that bills could go up over the year after releasing a statement in which it stated that it is expecting a ‘difficult environment’ for energy in the coming year.
British Gas was the first major UK energy firm to cut prices earlier in 2007, however in recent months the […]

For years the average UK resident has been inundated with offers of cheap credit. Credit cards, tenant loans, secured loans, car loans, mortgages and store cards have all been offered with very little safeguards and almost everyone was free to take on as much credit as they felt they wanted. Where this was really seen […]

Roughly a quarter of all working Britons will be refused personal loans, credit cards and mortgages by the year 2011 according to Datamonitor.
It is reported that the number of borrowers blacklisted by mainstream lenders will keep rising over the next four years, growing from 7 million to 8.6 million.
Apparently, more and more of us will […]

Home property experts Rightmove are reporting that the balance of power may have finally switched from the being in the hands of the seller to being in the hands of the buyer.
Recent house price figures show that prices have fallen by 0.1% in London. This is the first signs of a slowdown in house prices […]

Imagine you’re thinking of buying a new TV but you just don’t have the cash immediately available. What are your options? One is to not bother buying the TV, another is to get a cheap radio instead, or you could always borrow some money.
When you approach a lender they want to find out a little […]