the US Federal Reserve has announced that interest rates in the United States are to rise by 0.25% to 4.25%, representing the 13th increase in interest rates. However, experts are split down the middle on the issue of future interest rate rises, with some wanting to dispell any talk of future rises because it […]
Debt counsellors in the UK are warning that consumer debts will mount to record levels in 2006 because of Christmas overspending. Personal debt in the UK is already valued at over £1 trillion, with more than 3 million people owing more than £10,000 on loans, bank overdrafts and credit cards.
However, a statement from debt […]
Even though she recently filed for bankruptcy, Laura Fogle, has been bombarded by new cedit card offers from banks and issuers wanting to lend her money at high interest rates. In the last few weeks she has had unsolicited offers from MasterCard and Citibank to name but a few.
This is nothing new - credit […]
A survey from the Office of the Deputy Prime Minister has said that UK house prices continued to slow in the year to October. The annual rate in the growth of house prices across the UK was in October at 2.2%, down 1.1% from 3.3% in September. Figures from the report show that […]
The Bank of england’s December meeting has concluded that the UK base rate of interest will be kept at 4.5%, a decision that marks four months in a row where the interest rate has remained unchanged.
The last change in UK interest rates was in August 2005 when the Bank of England trimmed them 0.25% down […]
According to the Nationwide Building Society, we can expect house prices to rise in the UK throughout 2006. The best house prices are forecast to rise by up to 3% (following a 2.4% rise in 2005 and a 12.7% rise in 2004) the Nationwide report warned that house prices may even flatline […]
Two private consumers are taking a case against TransUnion and Wels Fargo over alleged false credit reporting. Mr. and Mrs. Fisher had their mortgaged home in San Clemente red-tagged because the land it was built on was deemed instable. After contacting Wells fargo Home Mortgage, their mortgage servicer, the Fishers were issued with […]
This year Black Friday, the day that is traditionally the start of the Christmas shopping season in the United States, is threatening to plunge many consumers into financial difficulties.
With many of the favourite Christmas lines, like the iPod and PSP costing hundreds of Dollars, it is easy to see how a middle-earning family can slide […]
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