Archives for 24 October 2007
Debt management advice for prospective student homebuyers
Article Category: Debt Management Help and Advice Students considering the purchase of a university property have been offered debt management advice by one financial services provider.Abbey has recommended that students should carefully consider the affordability of any mortgage they take out and draw up a careful budget to avoid any debt problems.According to research from […]
Mortgage calculations ‘elude debt-risking Britons’
Article Category: Debt Management Help and Advice Britons may be risking debt due to a lack of mortgage awareness, it has been warned.Experian’s online credit reporting service CreditExpert conducted a survey which found that 70 per cent of UK consumers could not correctly calculate the impact of a 0.5 per cent interest rate rise on […]
Care over Christmas credit advised
Article Category: Debt Management Help and AdviceThe normalisation of credit means that many UK consumers may risk debt over Christmas, it has been claimed.Savings manager for AWD Chase de Vere Susan Hannums said that Britons’ tendency to rely on credit may get more pronounced over the Christmas months as consumers in debt struggle to fund […]
Mortgage pressures ‘cut borrowing and saving’
Article Category: Debt Management Help and AdviceDebt worries among Britons with mortgages are causing them to both save and borrow less, a new study indicates,A new report from Alliance & Leicester shows that high interest rates have prompted many mortgage-holding families to cut down on their unsecured borrowing, while saving among this group is also […]