According to a recent report the effects of the global credit crunch have gone much further than simply making it more difficult to get finance in the UK. Industry officials claim that many consumers are now committing higher levels of fraud on finance applications as a result of the credit crunch, as they think that […]

Over recent months we have all heard about the various effects of the global credit crunch, which has created havoc in the UK’s money markets and has resulted in many changes. One of the major changes that most of us have heard about is the tighter credit conditions that have resulted from the credit squeeze. […]

It was in the summer of last year when most of us heard the expression ‘global credit crunch’ for the first time. At that time few of us knew just what a dominating force the credit crunch would be in the world of finance, but over eight months later this phenomenon continues to wreak havoc […]

With an increasing number of households finding themselves under financial strain as a result of high living costs, tight credit conditions, and rising bills, it is little wonder that so many have decided to turn to consolidation in order to try and reduce their outgoings, reduce the number of debts that they have to deal […]

An increasing number of households are currently trying to cope with rising debt problems, as rising bills, high mortgage repayments, and restricted access to credit all take their toll on our finances. As a result of this an increasing number of people are now seeking advice with relation to their debts, and the Citizen’s Advice […]

In a six month exercise Lord Hunt of Wirral has carried out an extensive review into the UK’s Financial Ombudsman Service, and based on this review he has come up with a list of over seventy recommendations that he states are designed to make the service more accessible and more affordable for consumers. Lord Hunt […]

With many different living costs and bills rising in price over recent weeks, and with mortgage repayments still high, it is hardly surprising that so many households are struggling financially, with many unable to keep up with repayments on their bills and debts. Bills such as water, gas, electricity, and council tax have all gone […]

The mortgage industry is in complete turmoil at the moment as the result of the global credit crunch that swept across the UK last summer. Since this time the number of mortgage approvals has plummeted, the number of mortgage products on the market has plunged by two thirds, and many consumers have been left out […]

Over recent months there has been a great deal of speculation with regards to house price movement in the UK, and a wide range of data has pointed to the fact that house prices are falling, which could create real problems for those that have recently taken out huge mortgages on expensive properties, although it […]

Many people plan to make a large purchase each year, despite the fact that they may not have the funds available upfront to pay for this purchase. In the past this wasn’t too much of a problem, as most of us could enjoy pretty easy access to finance from a range of lenders, and getting […]