Archives for 4 September 2007
‘Twin charges’ for current account debt
Article Category: Debt Management Help and Advice
Britons going into debt on their current account could face not one, but two charges, according to MoneyExpert.
The financial data service notes that many banks impose a fee to cover the costs of setting up credit for an unauthorised overdraft or bounced cheque.
But in addition to this, a penalty […]
Brits moving house ‘to release funds’
Article Category: Debt Consolidation Help and Advice
Britons increasingly view downsizing their home as a means of tackling their personal finance problems, it has been claimed.
Research from insurance provider Zurich reveals a growing trend towards consumers moving down the property ladder, rather than up to grander accommodation.
Nearly a quarter (23 per cent) of respondents to a […]
Half of Brits ‘have no idea what an IVA is’
Article Category: IVA (Individual Voluntary Arrangement) Help and Advice
Almost half (49 per cent) of Britons do not know what an IVA is, according to research.
Figures published by price comparison website moneysupermarket.com show 42 per cent of men and 56 per cent of women are unsure what an IVA involves.
Yet the majority of respondents to a […]