The material on this website is for information only
and is not intended as any recommendation or endorsement of any products or companies mentioned. We are not licensed by the FSA to give financial advice, and none of the material on this website constitutes or is intended to constitute financial ...
News
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news
Financial TimesCredit card borrowing costs rise, but more pay with plasticFinancial Times... on credit cards have risen over this period, as did the average cash withdrawal fee. This comes at a time when more people are using credit cards, with total borrowing up by about £3bn across the UK year-on-year, statistics from the Money Charity show.
VerdictUK smart banks thrive as plastic payments overtake cash spendingVerdictFinancial trade body UK Finance has reported that credit and debit card spending overtook cash payments in the country last year for the first time ever. The trade body said that despite 2.2 million people in the UK still using physical money more than ...
Telegraph.co.ukThe must-see countries that are much cheaper to visit post-BrexitTelegraph.co.ukIf you are offered the choice between paying a card bill in sterling or the local currency, opt for the local currency. This option is being offered more and more often - both at restaurants, shops and hotels, and at cash points. It is highly unlikely ...and more »
Business InsiderHow to choose a credit card processing system for your businessBusiness InsiderAlthough the percentage rate that you pay for each sale is higher, there aren't regular fees, so your costs stay low. If you process more than $3,000 in sales each month, working with a full-service credit card processor that has lower rates may save ...
Have you met...
Latest Members:


ahwhglass


lucaellis


ming1111


yigaok


stevejack


daisy Elizabeth


Steve Clark

 

General News

Email this story to a friend:

Just six families helped to stay in their homes

Just six families in England have been helped by the government's mortgage rescue scheme.09-07-2009
 In January £200 million was set aside to help families facing immediate repossession to stay in their homes. In April, an extra £80m was added and the scheme was widened to include homebuyers whose homes were worth less than the amount they had borrowed on the mortgage. Housing associations can buy homes from people who can’t keep up their mortgage payments and they can go on living there and pay. The government hoped the scheme would help up to 6,000 households and says another 200 families have received interim support and a further 295 cases are being considered. But critics say the vast majority of the people who have applied have been told they’re not eligible, the scheme is working too slowly and the number of homes repossessed could reach crisis point unless the Government does more to help.  

Scotland, Wales and Northern Ireland have or will have similar schemes.  

If you are having problems making your mortgage repayments get advice from your local advice centre or CAB. You can find details in your phone book or click on ‘links’ on this site. There are also factsheets on repossession, debt and negative equity in the 'Factsheets' section of this site.

Advertise with us  |  Privacy  |  Terms & Copyright                                                                                     Website maintained by USP Networks