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Interest Rates and the Credit Crunch

Author: Ki Gray Subscribe to users feed

Published: 29/05/2008

In Greek mythology, the hydra was a beast that, when one of its many heads were severed, would grow new heads in their place. The sub-prime mortgage crisis has developed in a similar fashion, initially appearing to be constrained to a sector of unworthy credit borrowers who likely didn't have the...

Offshore Bank Account is a Must for Many Individuals

Author: Amy Nutt Subscribe to users feed

Published: 26/05/2008

Having an offshore account is becoming more and more common these days. There are many reasons why one may choose to open an offshore banking account, however there are three main reasons why an offshore account is a must for many people. These three reasons are protection, profit and privacy. If...

In One Hand And Out The Other

Author: Catherine Harvey Subscribe to users feed

Published: 21/05/2008

More than four million people across the UK have been persuaded to take out package current accounts on the promise that they come with a host of benefits. Of course, in true banking tradition, all these benefits come at a cost but with no other choice than this type of account what is a customer...

Long Term Savers Are Latest Victims In Bank Squeeze

Author: Catherine Harvey Subscribe to users feed

Published: 20/05/2008

Mortgage advice will often involve tips on saving for that rainy day, for the unexpected or for the rise in interest rates to cover leaner times. And many people who followed this advice expected the current climate to be just the time when they were glad they followed that mortgage advice and...

How To Survive The Financial Drought

Author: Catherine Harvey Subscribe to users feed

Published: 19/05/2008

Mortgage brokers are the best way of quickly finding the best deal and this is becoming increasingly important in this time of financial difficulties. Banks have been through a time of refusing mortgages to the majority, particularly those without large deposits and home loans have been...

Interest Rate Determination Three Key Factors

Author: Mika Hamilton Subscribe to users feed

Published: 19/05/2008

There are several factors which influence how much money you will pay in interest for a loan. However there are three major influences: the federal reserve discount interest rate, FISCO score and credit report, and lender business factors. Understanding each major factor will allow you to chose...

Identity Theft and How You Can Recover

Author: Mika Hamilton Subscribe to users feed

Published: 19/05/2008

In today's modern times, the incidents of identity theft is on the rise. With access to the Internet and the sharing of personal information online criminals have a easy time finding the information needed to steal your identity. Once you are a victim of identity theft is can be extremely...

The Benefits of Online Banking and Investment

Author: Mika Hamilton Subscribe to users feed

Published: 19/05/2008

The past decade has seen a great deal of change within the business of banking. Banking the old fashion away is no longer cost efficient or effective. Today, banks are encouraging their clients to bank and invest online whenever possible. Once way in which banks "encourage" their patrons is to...

The Risks Of Using ATMs When Out Shopping

Author: Victor Epand Subscribe to users feed

Published: 18/05/2008

ATMs or 'cash machines' as they are more commonly known are extremely handy, and are frequently used to withdraw a quick bit of cash for a purchase, or to save a bank visit. They are available twenty four hours a day, and so allow us to access our cash at any time that suits us. However, there is...

Unsecured Loans Your Solution to an Improved Credit Score

Author: Mika Hamilton Subscribe to users feed

Published: 17/05/2008

A bad credit score used to make it impossible for individuals and families to borrow money for home and car financing. Today, there are several companies which not only give individuals with bad credit unsecured loans but actually cater to people who have extremely low credit scores. If you...