Archive | Recession

CreditExpert – The first timer’s guide to surviving the recession

Surviving The Recession With CreditExpert Recessions come and recessions eventually go but if you were born in the 1980s or 1990s, you may not know what to expect or how to cope during a period of financial uncertainty. This guide gives all you first-timers a few pointers to surviving until the next boom comes around. […]

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This Recession is a rollercoaster ride of conflicting signs of economic recovery – Money Saving Advice

The Money Saving Experts advise us that we are in the midst of probably one of the worst financial year on record. We have seen the meltdown of our financial markets, motor manufacturing, housing and retail markets. These markets are all fighting their way through this recession for their survival and existence. Already some great […]

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How to cut back without losing out – Debt Advice

We all need to be careful with money at the moment and money saving tips and expert advice is always welcome  – but we’re used to enjoying a high standard of living and regular indulgences. From the big things, such as a wedding or holiday, to everyday necessities, like electricity and food, these tips could help you […]

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Higher Fixed Rate Mortgages are on the Way – Mortgage Advice

The CBI The Bank of England base rate remains at 0.5% for the third consecutive month there are warnings recommending that higher fixed rate mortgage deals are on the horizon. Borrowers are reluctant to remortgage now due to the low interest rates they have with their current mortgage deals. This benefits borrowers on tracker rate, […]

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How to claim Mortgage Rescue Scheme, Support Mortgage Interest and Homeowner Mortgage Support

The government has recently promoted three new schemes to help struggling homeowners that have insufficient money in savings accounts to help support their mortgage repayments when faced with a loss of income. The schemes are aimed at homeowners that may be unable to keep up their mortgage payments for one reason or another. It maybe […]

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How to apply for the Government Mortgage Rescue Scheme – Mortgage Advice

The effect of the global economic downturn is having serious consequences for homeowners through out the UK. Homeowners with families are worried about not being able to pay their mortgage commitments as their jobs are affected by the recession. Expert advice and help is being sought by people from all walks of life that are […]

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Facts about Prepaid Credit Cards – Credit Card Advice

Britain struggles under the weight of historic debt caused in part by the banks irresponsible lending policies and the public’s belief that they could control their high mortgage costs, credit card debts and loan repayments. Credit card providers in the past have issued new credit card agreements to anyone and everyone without conducting proper financial […]

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The do’s and don’ts for Financial Success – Money Expert

Now more than ever it pays to be savvy when it comes to getting the right credit you need to run your life. Luckily, you don’t have to be an expert to stay on the money. These simple steps could help you find financial success and help you to find the right debt solution if […]

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Credit Ratings Can Be Improved Within Six months

Your Credit Ratings Can be Improved If you believe everything in the news these days, it’s almost impossible to get a good deal on credit. Luckily, that’s just not true. If you have  good credit ratings, you can still qualify for some great deals – whether you want a card, loan, mortgage or simply the […]

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Buy-to-Let Landlords struggle to keep up mortgage repayments | Debt Help

As this recession tightens its grip on our economy many buy-to-let landlords have found themselves unable to sustain their mortgage commitments to repay their borrowings. The chief executive of the housing charity Shelter says that he is worried about the increase in the number of people seeking advice from his organisation.  Many landlords and tenants […]

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Four ways to help you get out of Debt | Debt Management

The United Kingdom personal debt today stands at £1,458 billion and the government intend to increase their debt to £175 billion this year and similar figures for the next three years. The latest figures available from Credit Action this month suggests that the average household debt is £59,765 including mortgages, £1.02 billion will be spent […]

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The Mortgage interest rate looks to have bottomed out

Money saving Expert says, surely the Bank of England base rate cannot drop any further? They could drop another half a percentage point to zero but there seems little point in reducing interest rates further. The government and the Bank of England have now introduced and started the process of Quantative Easing. They will spend […]

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Cost of Living has increased by 18% in the last year

  The cost of living is believed to have increased by 18% over the past year. Much of the increase in our supermarkets is due to the decline of our currency on the exchange rate market against other major currencies. Goods and services are today more expensive than twelve months ago. Household budgets look to […]

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