Category: Financial Management
Average Mortgage Fees Up By 20%
Mortgage fees have rocketed by nearly 20 per cent over the past year, research has revealed. The average arrangement fee has soared to more than £1,000, while the highest such fee is an eye-watering £3,800. Research by mortgage price comparison website Moneyfacts found the average charge has jumped by £151 over the past year to [...]
INVESTMENTS – Why Property investments is better.
With all that is going on right now in regards to the Global economic crisis, investments can prove to be a good or bad decision. While there are countless of testimonials and real life rags-to-riches stories, not all investors are guaranteed to experience the same outcome. These are trying times and every penny counts. Spending [...]
HSBC “Secure Keys” Makes Internet Banking Too Slow
HSBC has begun sending out handheld devices called ‘secure keys’ to its four million online bank customers. It is hoped the technology will add an extra layer of safety for those checking their balance and transferring money online. But not all customers are happy about the move, which they say makes net banking less quick [...]
How to keep your money safe as the entire world implodes
THE latest stock market bloodbath, which last week pushed European stock markets to their lowest level in two years, has investors running scared. Rumours that France could be the next in line for a credit downgrade after the United States sparked panic across Europe. Concerns about the European debt crisis, and the prospect of a [...]
Avoid Using Personal Loans And Credit Cards To Finance Your Businesses
Atlantic Financial Management is cautioning small business owners and sole traders in the UK against using personal loans and credit to shore up their business finances in the absence of lending support from the banks. The release of the Q2 Insolvency figures is expected to confirm the financial stress being faced by the UK’s small [...]
Debt Management Plan – What Does It Mean?
A debt management plan (DMP) is a short term financial solution that is designed to help you re-pay your debts under a more manageable payment plan. Debt management is ideally suitable for those who have un-secured debts of over £3000 and less than £15,000. Lower affordable payments. Under a debt management plan you agree [...]
Investment spending in advanced economies has collapsed in this recession?real privatesector investment in the G4 (US, Euro-zone, Japan and UK) has fallen by 25% from its peak, accounting for more than 75% of the peak-to-trough decline in real GDP. If the global recovery is to be strong and sustained, private-sector investment will also have to [...]
Which Customers Should Receive Credit
A business offering credit runs the risk of not receiving payment for goods or business supplied. Thus, care must be taken over the typr of customer to whom credit facilities are offered. The five c’s of credit provide a useful checklist when considering request from a customer for supply on credit. Capital: The customer must [...]
Credit Card Debt Consolidation
Going through bad credit debt consolidation is something that can help you pay off high interest loans and credit cards. It is extremely important that you realize it is usually only helpful to consolidate your debts if you have high interest rates. This service is going to cost you money and if you consolidate loans [...]
Financial Ratios
Financial ratios provide a quick and relatively simple means of examining the financial condition of business. A ratio simply expresses the relation of one figure appearing in the financial statements to some other figure appearing there for instance net profit per emplyee, sales per square metre of counter space. Ratios can be very helpful when [...]
