There are several types of loans available. To name just a few: unsecured loans, secured loans, car loans and debt consolidation loans. A loan is a type of credit – and therefore it must be repaid. Repayments are usually made on a monthly basis, and will continue until the loan (plus any interest) [...]
Labour’s increased spending after the credit crunch actually harmed the economy rather than boosting it, according to a centre-right think tank. A report by the Institute of Economic Affairs found that stimulus measures pursued by Western governments in response to the economic crisis did not work. Shadow Chancellor Ed Balls has repeatedly called on the [...]
Economists, banks and even punters in bookmakers are studying more and more seriously scenarios involving the collapse of the eurozone. Maybe not its total evaporation, but certainly shrinkage with peripheral or weak countries falling off the currency’s map and in all cases, according to the experts, with a heavy price to pay. Analysts agree that [...]
ATMs and payment readers in shops will soon accept a simple swipe from your card. Miles Brignall went to Barcelona to see the birth of contactless payments First it was credit and debit cards, then mobile phones. Now the so-called contactless revolution has embraced cash machines. Maybe you’ve got a contactless card in your wallet [...]
Uploading a video clip on to YouTube of your toddler getting up to mischief can win over a cooing international audience and earn big money. Here’s how … When Howard Davies-Carr uploaded a video of his two children on to YouTube, he thought it would be seen only by his sons’ godfather and a few [...]
Many of us end up paying too much tax or national insurance. Patrick Collinson outlines the main pitfalls Don’t overpay national insurance You should stop paying national insurance when you reach state retirement age – 65 for a man and 60 for a woman (rising to 65 in 2015). Lots of people who work part-time [...]
There are several types of loans available. To name just a few: unsecured loans, secured loans, car loans and debt consolidation loans. A loan is a type of credit – and therefore it must be repaid. Repayments are usually made on a monthly basis, and will continue until the loan (plus any interest) [...]
The only thing we can be certain of right now is that we have an uncertain financial future. But with the eurozone crisis and concerns that we could face a second credit crunch, do homeowners need to act now before it is too late? Many aspects of the property and mortgage market have been encouraging [...]
Bailed-out bank Northern Rock is to be sold to Virgin Money for £747million with a loss of at least £400million to the taxpayer. Despite repeated assurances that the public purse would not be left out of pocket, the Treasury today confirmed that Sir Richard Branson’s company would be buying the firm at a knockdown price. [...]
A much-anticipated rise in the base rate is fuelling concern among British homeowners that negative equity may become a lasting problem, with mortgage rates rising amid ever-falling house prices. Understanding how any change to the base rate might affect homeowners in the UK requires an understanding of the base rate itself, which has remained [...]
It is easy to discuss financial planning in general terms. However, just as words have different meanings to different people, so does financial planning. There are some ideas that never vary. When discussing financial planning, the objective is to maximize wealth. Maximizing wealth does not mean a person has to become rich first. It also [...]
Picking a mortgage can seem like a minefield, particularly in the current economic climate. Whereby at one time, customer lending was offered widely, now the range of mortgages available – and their lending conditions – have contracted fiercely. The housing economy is going through difficult times and has been for the past few years. [...]
There are several types of loans available. To name just a few: unsecured loans, secured loans, car loans and debt consolidation loans. A loan is a type of credit – and therefore it must be repaid. Repayments are usually made on a monthly basis, and will continue until the loan (plus any interest) [...]
Where can you turn for financial advice? The bloke in the pub? Your window cleaner? Your bank? You may think you’ll get more honest help from the first two these days, but for decent advice you need to go to a professional. The financial advice industry has been tarnished by a series of scandals, ranging [...]
Loans are issued by banks and other financial companies. They allow you to borrow a fixed amount of money, which you then pay back in instalments over an agreed period of time. This could be anything from 12 months to five years typically, although longer repayment periods are offered on some loans. You’ll pay back [...]
There are several types of loans available. To name just a few: unsecured loans, secured loans, car loans and debt consolidation loans. A loan is a type of credit – and therefore it must be repaid. Repayments are usually made on a monthly basis, and will continue until the loan (plus any interest) [...]
Economists, banks and even punters in bookmakers are studying more and more seriously scenarios involving the collapse of the eurozone. Maybe not its total evaporation, but certainly shrinkage with peripheral or weak countries falling off the currency’s map and in all cases, according to the experts, with a heavy price to pay. Analysts agree that [...]
CITIGROUP is to cut 4,500 jobs globally, with its London capital markets division shedding dozens of staff. Speaking in New York late on Tuesday, chief executive Vikram Pandit said that the bank has already made $1.4bn in savings this year but needs to respond to slow markets by reducing costs further. City A.M. understands that [...]
A planned 8% rise was derailed but many commuters will still feel the pain. Miles Brignall looks at how to save With train fares rising by an average of 5.9% on Monday 2 January, when few of us have had a pay rise, there’s probably never been a better time to take a proper look [...]
Ryanair says the £6 charge per passenger per one-way flight relates to costs associated with its booking system, and isn’t a payments surcharge Ryanair has defied the government’s move to ban surcharges on payments to airlines and other firms by saying it does not charge its passengers any credit or debit card fees. Airlines, cinemas [...]
Car hire customers have been warned to take extra care when renting a vehicle this Christmas. What looks like a cheap deal could end up costing you hundreds of pounds Adverts in the national press were this week promising “unbeatable” deals on car hire this Christmas. The company behind the ads, a new name called [...]
