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AOL Money UK1.4m 'only making minimum repayments on credit cards'AOL Money UKAround 1.4 million people have only been making minimum repayments on their credit cards for at least three years in a row, the City regulator has found. The Financial Conduct Authority (FCA) said competition in the credit card market is focused on ...Credit card firms ignore persistent debt, says FCABBC NewsCredit card crackdown: 5m card holders to receive texts when deals end - and 'rip-off' fees kick inTelegraph.co.ukCapital One trial encouraged minimum payers to up their monthly payments and clear debts quicker - 12% did raising ...This is MoneyExpress.co.uk -Financial Times -The Money Pagesall 14 news articles »
Mirror.co.ukWill the equity in your home ease the pressure on your pension when you retire?Mirror.co.ukClive Bolton, managing director, Retirement Solutions, Aviva UK Life, said: “Pension freedoms have resulted in new decisions for people to make about how they use their life savings, and these findings suggest we are also starting to see a shift in ...Retirement plans shelved as over-55s feel the pinchFinancial Reporterall 3 news articles »
AOL Money UKRBS fires warning shot to Bank of England over negative interest ratesThe Week UKIf rates are cut it could have a knock-on affect on pensions. “A cut in base rate reduces returns on cash and encourages some investors to switch money to bonds or shares, driving their prices higher and cutting yields,” says Spence. “Those whose ...Natwest may set NEGATIVE interest rates for accountsDaily MailBank warns of negative interest charges if Base Rate fallsAOL Money UKall 70 news articles »
Mortgage StrategyWhy Investors Are Too Wary of Some Brexit BlowsWall Street JournalVirgin Money is at the sharp-end of Brexit risks: a smaller, upstart bank almost entirely focused on mortgages, 18% of which are riskier buy-to-let loans. It is gaining market share and took 13% of U.K. net new mortgage lending in the first half ...Virgin Money's pre-tax profit up 53%Mortgage StrategyVirgin Money profits boom as customers splurge on credit cardsTelegraph.co.ukVirgin Money CEO: More Mortgages Paid Down Post-BrexitYahoo Finance UKFT Adviser -Financial Times -Evening Standardall 27 news articles »
Mortgage StrategyVirgin Money's pre-tax profit up 53%Mortgage StrategyVirgin's mortgage book is now 82 per cent residential mortgages and 18 per cent buy-to-let. However, Virgin Money says there is a risk the UK mortgage market could slow down. Other risks include interest rates staying low for longer and rising ...Virgin Money profits boom as customers splurge on credit cardsTelegraph.co.ukVirgin Money mortgage book boosts first half profitsFT AdviserVirgin Money CEO: More Mortgages Paid Down Post-BrexitYahoo Finance UKFinancial Times -IG -Evening Standardall 32 news articles »
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