With interest rates as they are, it is more cost effective to tackle outstanding debts before trying to build up savings. Although most people are aware of the need to pay off loans and credit cards before
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People are less willing to take a gamble on short-term fixed rate mortgages anymore. The popularity of longer-term fixed deals is growing as the uncertainty about when the interest rate will rise is leading
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More than half of those aged over 60 are finding it more difficult to make ends meet as the impact of the recession bites. This is according to an ICM poll for Age UK, which revealed that 4.5 million people
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It is important for parents to avoid burdening their children with their own views on money. According to Rasheed Ogunlaru, life coach and motivational speaker at rasaru.com, children should be offered
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With many savings accounts offering low rates of interest, homeowners are choosing to invest their money in their home while they wait for the economy to pick up. This is the opinion of Jaimie Kendry,
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Track and fix hybrid mortgages could be the ideal choice for many homeowners in the UK, according to MyMortgageDirect. John Charcol recently claimed that December was the strongest month yet for the hybrid
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More and more people in the UK are becoming concerned about their ability to meet rising energy costs. A poll by uSwitch.com to mark Big Energy Week has revealed that after several years of slowly rising
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The UK is back in recession once again, meaning a tough time for savers and borrowers alike this year. According to the Institute for Public Policy Research ippr, judging by the figures for growth in
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Despite the base rate remaining low following the Monetary Policy Committee's decision to maintain it at 0.5 per cent for the 34th consecutive month, mortgage rates are on the up. According to independent
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First time buyers could soon receive a helping hand to assist them with getting on to the property ladder. According to the Building Societies Association BSA, initiatives are being put in place to ensure
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There are some really good mortgage deals available despite the current property climate. However, Catherine Hearnden, director at MyMortgageDirect, warned that many of the great deals are only good for
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It's no wonder Brits find Christmas such an expensive time of the year given that many celebrate it more than once a year. A new study by American Express found that half of people in the UK will have
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Prepaid cards have become increasingly popular in recent years. With identity theft and online fraud on the increase, not to mention improvements to the features available on the cards themselves, prepaid cards are now far more attractive to consumers than they once were.
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Christmas is just around the corner, and some of us will be thinking about using the Credit card to spread the cost of Christmas into 2012. Very wise, but it is not the only way.
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Innovation may be one way of improving the credit card business model, it has been claimed. According to PricewaterhouseCoopers' PwC Precious Plastic report, the industry is currently unsustainable,
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