Feature Article #1

The HBOS crisis – what was it all about?

Just before the Easter break there was chaos in the stock markets in the UK, with HBOS dominating the headlines following rumours that it was on the brink of collapse. However, it emerged that what had actually happened was an alarming scam involving rumours started by unscrupulous stock brokers determine to make a profit on […]

Popularity: unranked [?]

admin | April 10th, 2008 | Continued

Feature Article #2

Judge has not yet delivered ruling on bank charges

Over the past couple of years the rows and controversy over the charges that banks apply to the accounts of customer’s have been getting more pronounced. The charges referred to are those for exceeding the credit limit, and for bounced cheques and returned direct debits. Campaigners claimed that dealing with these things only cost the […]

Popularity: 52% [?]

admin | February 20th, 2008 | Continued

Feature Article #3

Do you need a basic bank account or a current account?

An increasing number of banks have started to offer basic bank accounts over recent years, and these basic accounts are often known by different names depending on which bank you go through. A basic bank account, as the name suggests, is a more basic version of a current account, and let you run your day […]

Popularity: 66% [?]

admin | February 4th, 2008 | Continued

Feature Article #4

What does the bank charge High Court test case mean for consumers?

Earlier this week the eagerly awaited High Court test case relating to bank charges in the UK began. Bank charges have been at the centre of controversy for a couple of years now, ever since campaigners and regulators pointed out that banks were charging consumers far more than it was actually costing the banks for […]

Popularity: 63% [?]

admin | January 25th, 2008 | Continued

Feature Article #5

Making use of price comparison sites

Price comparison websites have become extremely popular across the UK over the past couple of years, and these sites have made it easier and more convenience for consumers all across the nation to save a huge amount of money on a variety of services. These price comparison sites are one of the many services that […]

Popularity: unranked [?]

admin | January 24th, 2008 | Continued

About this Site

Other Recent Articles

Interest rate cuts do not stop lenders from hiking up borrowing rates

May 15th, 2008 • admin • 0 comments • Related • Filed Under

A recent report has shown that the recent base rate cuts applied by the Bank of England have done nothing to stop some lenders from hiking up their borrowing costs and interest rates, which means that many consumers are still having to pay through the nose for their borrowing despite the three base rate cuts since December. In the last few months the Bank of England has cut the base rate from 5.75% to 5% with three 0.25% rate cuts.

Popularity: 3% [?]

Expert comments on Halifax All-in-One card

May 15th, 2008 • admin • 0 comments • Related • Filed Under

The Halifax has recently announced the launch of its All-in-One card, where consumers can enjoy ten months interest free credit on both balance transfer and purchases made on the card. Sean Gardner from MoneyExpert.com said that whilst the card may prove attractive to many consumers looking for 0% on both purchases and balance transfers, some people with good credit may be able to get a better deal.

Popularity: 2% [?]

Customer details lost by high street bank

May 15th, 2008 • admin • 0 comments • Related • Filed Under

One of the UK’s leading high street banks, HSBC, recently admitted that it had lost the personal details of around 370,000 customers, after a disc went missing. The bank faced an investigation by the Financial Services Authority after it admitted to losing the information. The disc was being sent to reinsurance offices via an external courier in March when it went missing. The bank admitted the loss to the Financial Services Authority.

Popularity: 3% [?]

A&L takes popular mortgage off the shelves

May 10th, 2008 • admin • 0 comments • Related • Filed Under

The Alliance and Leicester has recently announced the withdrawal of one of its most popular mortgage products from the market, stating that it can no longer keep up with demand for the mortgage product. The two year fixed rate mortgage from the Alliance and Leicester has enjoyed huge popularity in the past, but officials from the bank have stated that demand is now outstripping the ability to supply, and with this in mind the lender has decided to take the deal off the market altogether for the foreseeable future.

Popularity: 8% [?]

Online bankruptcy solution could cause havoc

May 10th, 2008 • admin • 0 comments • Related • Filed Under

At present the process of filing for bankruptcy is a long and arduous one, which makes people think twice before they decide to go down this road. However, from next April the government plans to introduce Debt Relief Orders, which will enable consumers to wipe out their debts through bankruptcy online without the need to go through bankruptcy courts. However, industry officials are concerned that this method could be open to abuse and could result in havoc.

Popularity: 8% [?]

UK consumers against monthly banking fees

April 18th, 2008 • admin • 0 comments • Related • Filed Under

The results of a recent survey carried out in the UK has revealed that customers in the UK would prefer to pay charges and penalties on going overdrawn with their current account rather than having a set monthly fee applied to their accounts. There has been a great deal of controversy over bank charges, which are applied for exceeding the overdraft limit, and also for returned cheques and direct debits, and many consumers have been claiming back these fees going back up to six years after regulators labelled them unfair and unlawful last year.

Popularity: 24% [?]

Brits can now buy travel cards from Barclays

April 18th, 2008 • admin • 0 comments • Related • Filed Under

One of the concerns of so many Brits taking summer vacations in other countries is how best to carry their money safely. Some vacationers depend on cash and traveller’s cheques, while others rely on using credit cards and debit cards. However, there are risks associated with all of these, especially when it comes to using plastic abroad. Barclays has come up with a safer alternative for using money abroad that is safe along with being easy and convenient to use.

Popularity: 25% [?]

Customers want to see more financial products at the supermarket

April 15th, 2008 • admin • 0 comments • Related • Filed Under

According to the results of a recent survey customers in the UK are eager to see a wide range of financial products being made available from their local supermarkets, as many feel that the supermarket can offer far better service and far better value for money on these services and products compared to traditional banks. Many supermarket giants, such as Asda, Tesco, and Sainsbury’s, already offer a range of financial products and services such as insurance, loans, savings, and most popularly credit cards.

Popularity: 35% [?]

There may be future difficulties for credit card customers whose limits were cut

April 13th, 2008 • admin • 0 comments • Related • Filed Under

A recent report has suggested that many credit customers who have recently had their credit limits slashed by their card provider could end up experiencing a range of problems in the future, making it difficult for them to get finance as a result of being so close to their credit limits. Many credit card customers have recently found that their credit limit were slashed to just £100 above their existing balance, and the card companies did not even inform them that they were cutting their credit limits.

Popularity: 29% [?]

Scottish and Southern raises prices

April 13th, 2008 • admin • 0 comments • Related • Filed Under

Earlier this year, when the other five major energy suppliers hikes up their energy usage prices, Scottish and Southern Energy promised that it would keep prices on hold until the end of March. Although the firm lived up to its promise that time has now come around, and the last of the six major energy suppliers in the UK has now announced that it will be increasing its gas and electricity usage costs from April.

Popularity: 30% [?]

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