Archives for 3 December 2007
Christmas budgets hit by ‘remortgage shock’
Article category: Debt ManagementChristmas budgets are facing a squeeze this year as homeowners starting a new mortgage are hit by the increases in interest rates.Borrowing has got significantly harder in the last year as a result of higher interest rates and the knock-on effects of the credit squeeze.A survey has suggested that almost two thirds […]
Christmas debt ‘faces 30% each year’
Article Category: Debt Management Help and AdviceAlmost one-third of people go into debt every Christmas, a new report shows.According to the Cornhill Direct Cost of Christmas survey of 4,000 people, about 30 per cent of people admit going into debt during the festive season - and the same number plan to spend less this year […]