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28th September 2009
In the UK, over the last 5 years as much as 70% of unsecured loans and credit card agreements that were obtained prior to April 6th 2007 have been torn up because were found to be legally unenforceable by the issuing credit card company. In effect, if y... Read >
Author: Jide25th September 2009
The value of the US dollar changes daily, and other countries monetary units may be doing better in trading than ours. Most people do or think they do have some basic understanding of the stock market and financial futures. Currency trading can be a way t... Read >
Author: William Oedge23rd September 2009
You have probably hread already the problems around the legality of credit and loan agreements made before April 2007. The law changed in April 2007, but prior to that, all UK credit agreements (Loans & Credit cards) were bound to conform to the Consumer ... Read >
Author: Tom Greenwood21st September 2009
The National Credit Act (NCA) has changed the way people lower money debt. In addition to regulating credit transactions, credit providers, and credit information, the NCA promotes Debt Counseling, the system of educating people on how to further prevent ... Read >
Author: NeilBrandt16th September 2009
Personal debt in the UK has soared to record levels over the past few years. The Bank of England has recently confirmed that personal debt on a national level now amounts to more than £1,065 billion. Recent media reports suggest however that with low int... Read >
Author: wbdoyle11th September 2009
It sounds like a terrible diagnosis – you’ve got a poor, bad or adverse credit score – as far as a mortgage goes, surely now nobody would touch you with a bargepole?
In fact poor or bad credit is not the end of the world. Up to one in four people... Read >
Author: wbdoyle31st August 2009
How do I know if my credit agreements are unenforceable?
This is a commonly asked question by millions of consumers since the recent changes to the Consumer Credit Act ( 6th April 2007). Due to the almost schoolboy errors that many banks and lending ins... Read >
Author: andymitchell31st August 2009
The Consumer Credit Act was changed drastically in early 2007 to reduce the unlawful practices of mis-selling of financial products such as payment protection insurances,mortgages and loans and credit cards, that, for many years had been incorrectly sold ... Read >
Author: andymitchell31st August 2009
In early april 2007 The Consumer Credit Act was changed drastically to reduce the unlawful practices of mis-selling of financial products such as payment protection insurances,mortgages and loans and credit cards, that, for many years had been incorrectly... Read >
Author: andymitchell31st August 2009
In early april 2007 The Consumer Credit Act was changed drastically to reduce the unlawful practices of mis-selling of financial products such as payment protection insurances,mortgages and loans and credit cards, that, for many years had been incorrectly... Read >
Author: andymitchell18th August 2009
If your credit scoring leaves a lot to be desired these days then you are not on your own. In fact, you are one of the growing majority as it stands at the moment. This is because millions of people around the world have either borrowed more than they can... Read >
Author: Antwan White10th August 2009
In times like these, every business dollar has to count and the loss of any cash out the back door by way unpaid accounts places needless pressure on the business cash flow.
The provision of credit remains the foundation of the `Money Go Round' for New... Read >
Author: Paul Easton23rd July 2009
Commentators have welcomed moves by the UK's Competition Commission to ban the sale of controversial Payment Protection Insurance (PPI) alongside credit agreements in 2010. But some have warned that this could mean that loan and mortgage rates could rise.... Read >
Author: michael challiner02nd July 2009
The Competition Commission has asked for a ban on selling payment protection insurance (PPI) when people take out credit agreements. However lenders say the price of personal loans will rise.
PPI covers repayments if the holder is not able to pay due ... Read >
Author: michael challiner11th June 2009
Commentators have welcomed moves by the UK's Competition Commission to ban the sale of controversial Payment Protection Insurance (PPI) alongside credit agreements in 2010. But some have warned that this could mean that loan and mortgage rates could rise.... Read >
Author: michael challiner05th May 2009
If you have ever been in a situation where creditors are baying for your blood, you would realise the fear and panic which can grip a person under such circumstances. The banks are powerful and have the means to create fear and intimidate people to an ext... Read >
27th April 2009
Unenforceable Credit Agreements? How do you Know If you Have Them?
Some very important straightforward information about unenforceable credit agreements. If you have any unenforceable credit agreements you could reclaim thousand of pounds!
1. Ther... Read >
Author: Julie Ashton23rd April 2009
If you're saying to yourself "I'm in debt" and worrying about it or wondering what you can do about it then you need help and you need to take action now! Debt is like a lot of life issues - they don't get any better if you just ignore them. Tackle the pr... Read >
Author: Neil Robertson22nd April 2009
Whenever you make use of Bank credit, you are creating a liability and by doing this you lose our financial freedom until it is gone. There is nothing called good credit - all credit is bad. We realise this fact only when we are faced with a change in our... Read >
04th April 2009
In recent times, requests for mortgages has decreased, whilst there is less demand for credit cards. Of course, personal debt has not disappeared; therefore, while banks are now adapting a tougher policy on lending money via credit cards, there has been a... Read >
Author: pmcindoe25th March 2009
There is a NEW financial claim which is set to sweep across the UK! It has been discovered that many finance and credit agreements signed before April 2007 have been written in such a way that they breach the terms of the 1974 Consumer Credit Act and this... Read >
Author: julieashton20th March 2009
There is a NEW financial claim which is set to sweep across the UK! It has been discovered that many finance and credit agreements signed before April 2007 have been written in such a way that they breach the terms of the 1974 Consumer Credit Act and this... Read >
Author: julieashton13th March 2009
Commercial law is effectively the legislation that covers most transactions in the life of Joe Public, from the fine balance of a marriage contract to the more fundamental protection of intellectual property. Corporate law, on the other hand, is the exclu... Read >
Author: Kayla Reid02nd February 2009
THE COMPETITION Commission will ban the sale of payment protection insurance (PPI) alongside credit agreements to give customers a better chance of finding a cheaper policy with better terms.
It will also ban the sale of ‘single premium’ policies ... Read >
Author: alisteed29th December 2008
Credit Card Write Off - BBC Panorama 10th November 2008
A recent episode of the BBC's Panorama delved into the world of credit card debt. The show, aired on the 10th of November, examined the measures being taken by some consumers to force credit card ... Read >
Author: jmillar200529th December 2008
Credit Card Write Off - How does it work?
The Consumer Credit Act of 1974 was brought about to protect UK Consumers, however, the terms that allowed the consumer protection were not clear and therefore for years the Credit Industry was allowed free re... Read >
Author: jmillar200529th December 2008
Credit Card Write Off - BBC Panorama 10th November 2008
A recent episode of the BBC's Panorama delved into the world of credit card debt. The show, aired on the 10th of November, examined the measures being taken by some consumers to force credit card ... Read >
Author: Credit Comp29th December 2008
Credit Card Write Off - How does it work?
The Consumer Credit Act of 1974 was brought about to protect UK Consumers, however, the terms that allowed the consumer protection were not clear and therefore for years the Credit Industry was allowed free re... Read >
Author: Credit Comp23rd September 2008
Definitions of terms commonly associated with mortgages and property ownership in the UK.
Added to Loan
The costs borrowers incur when arranging a mortgage. Usually refers to expenses such as arrangement and administrative fees.
Administration F... Read >
Author: Rich Bendall24th July 2008
Car insurance provider, More Than, have raised alarm bells regarding the authenticity of cars that are purchased second-hand. According to the insurer, thousands of drivers who have bought used cars, may be putting themselves at unnecessary risk from acci... Read >
Author: Hadassah22nd July 2008
5 steps to regaining control over unmanageable debt.
Once you’ve realised that your financial situation is out of control, there often seems no way out. However managing your way out of debt through a debt management plan, usually follows a 5 step pr... Read >
Author: accuma 17th July 2008
In a scenario of global credit crunch and rising interest rates, people with a number of loans and debts with different lenders might find they are struggling to pay what they owe each month. According to a recent survey, nearly half of the loans taken ou... Read >
Author: Aisha Cristal07th July 2008
The world today revolves on credit and there cannot be very many people who do not have some form of credit from a simple to credit card to a mortgage. Getting credit has never been easier for people who already have a credit record, but if you do not hav... Read >
Author: Donald Saunders03rd July 2008
British consumers are being overcharged for Payment Protection Insurance by £1.4billion a year due to a lack of competition in the market, according to a watchdog.
The Competition Commission made the disclosure today adding that the market for the ins... Read >
Author: Mildred26th June 2008
How to Consolidate Your Debt with a Debt Consolidation Loan and Save Money
Most of us have some sort of debt or other and when it is made up of many different loans or accounts the financial burden of servicing them all can be quite overwhelming especi... Read >
Author: Mark Bellinger13th June 2008
Fortunately not all student loans programs grant loans on the basis of your credit record and loan schemes such as Stafford loans and Perkins Loans are based solely upon your financial need. Unfortunately not all students will qualify for these loan schem... Read >
Author: Donald Saunders06th May 2008
Are you asking yourself "why have I been refused credit?" Well read on to get a better idea as to what the problem could be.
When you make an application for credit, the lender will approach a Credit Reference Agency (CRA) to see all of the information... Read >
Author: mobile.broadband-onthemove.co.uk02nd May 2008
Millions of Britons are finding that their debts are becoming a serious problem, as the effects of years of easily available credit has started biting. There are also many companies who promise to solve all debt worries, slash repayments and clear debt co... Read >
Author: Aisha Cristal03rd April 2008
In the USA you have a right to one free credit report each year, though there is no point in getting a credit report if you don’t know what to use it for.
Your free credit report will provide you with a lot of information regarding the credit agreeme... Read >
Author: Tom Healy03rd April 2008
In the USA you have a right to one free credit report each year, though there is no point in getting a credit report if you don’t know what to use it for.
Your free credit report will provide you with a lot of information regarding the credit agreeme... Read >
Author: Tom Healy15th February 2008
Surging numbers of Australians defaulting on their credit agreements has led two of Australia’s credit checking firms to call for major credit reporting reforms to tackle the nation’s growing debt problem.
Two recent studies conducted by credit ref... Read >
Author: Tristan Dunston22nd January 2008
Credit rating systems are used by lenders to help predict the likelihood of a customer repaying a debt. They exist solely to maximise company profits, by helping to eliminate customers deemed as a poor investment.
Being classified as a ‘poor investm... Read >
Author: Nick Cox20th January 2008
In light of the recent ‘credit crunch’ that seemingly every financial expert and newspaper or website mentions whenever the subject of finances is raised, what does the ‘credit crunch’ mean for the average person in the street? How will affect our... Read >
Author: SimonDuffy18th January 2008
You are one of the many millions facing real problems in meeting your repayments? You have probably been looking for ways to improve your situation as you have been declared bad credit. There is no doubt you may have seen debt management for debtors. Apa... Read >
Author: Gracie14th January 2008
Mortgage lenders regard mortgage arrears very seriously. If you have current mortgage arrears, you will need to take some action to recover the situation. If you do nothing, the debts will get worse and ultimately the mortgage lender will seek repossessio... Read >
Author: sam lowe16th June 2007
Tenants, it’s sometimes true, can have difficulty in raising finance in the conventional way. That is to say that applying to a bank for instance doesn’t always provide the best solution if you need some cash to buy something special that you’ve had... Read >
Author: Carol Jameson05th June 2007
Finance can be very confusing sometimes. Even for the professionals in the world of loans and mortgages, there are so many choices and each lending product has its own set of criteria and they can and often do, change over time. It can be almost impossibl... Read >
Author: Carol Jameson25th April 2007
The world of personal finance can sometimes seem to have a language all of its own, and it can be difficult to seperate the wheat from the chaff when comparing products such as loans. With all things financial, it's vital to have a good understanding of w... Read >
Author: Martin Sumner12th April 2007
Not having enough cash of one’s own for a personal need is not a big issue at all. There are personal loans to provide money for any and every reason. Whatever may be the purpose; this type of loans will be there to get it served. Besides, for the tradi... Read >
Author: gracy01st April 2007
Credit has become a way of life for many people in the UK. Secured loans, unsecured loans, credit cards and store cards are commonplace and the amount of credit that exists, may be at different rates of interest. Some of these loans may be subject to comp... Read >
Author: Carol Jameson25th January 2007
As a business owner, it's rarely possible to completely guard against bad debt; after all, the only way to avoid debt would be not to trade at all. Running a small business is not without risk, but there are steps you can take to reduce the risk of debt... Read >
Author: martymac15th November 2006
Even with no credit history, there are several types of credit cards that may be available to you. College students often have access credit card offers during orientation. Other options include getting a card through your bank or credit union, signing ... Read >
Author: Beth Derkowitz13th August 2006
To find time to repay various lenders is not always easy, especially not when you have a hectic schedule for weeks. It may also happen that you miss your repayments regularly because of your busy professional life. Think of debt consolidation as an altern... Read >
Author: Alexa Wilsoon18th June 2006
It sounds like a terrible diagnosis – you've got a poor, bad or adverse credit score – as far as a mortgage goes, surely now nobody would touch you with a bargepole?
In fact poor or bad credit is not the end of the world. Up to one in four people are t... Read >
Author: Joseph Kenny31st May 2006
Millions of people are finding that their debts are becoming a serious problem, as the effects of years of easily available credit start to bite. There are also many companies who promise to solve all your debt worries, slashing your repayments and cleari... Read >
Author: Nicholas Hunt
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