Archives for 31 October 2007
100 per cent mortgages ‘could lead to debt’
Article Category: Debt Management Help and Advice People considering taking out a mortgage with a 100 per cent loan-to-value ratio have been warned of the risks involved.Managing director of Key Financial Consultants Dominic Mansley said that, while such products may be suitable for newly-qualified professionals who are confident of future pay rises, less financial stable […]
British consumers ‘whittling away savings’
Article Category: Debt Management Help and AdviceUK consumers regularly risk their savings by dipping into funds, possibly hampering their debt management plan, it has been claimed.A new study from moneysupermarket.com has found that two-thirds of people who save would not think twice about withdrawing money for an unplanned treat - compared to 56 per cent […]