TalkMoneyBlog provides free financial help and information to all our readers on a regularly bases.

Money saving tipster says if you still believe that eating crusts will make your hair curl and that elephants are afraid of mice, you might also be clinging to some myth about credit - and that could be harming your chances of getting the deals you need when it comes to a homeowner loans, unsecured [...]

Here are some finance tips that suggest your credit rating could suffer as a result of you not understand what credit terms are all about. It can be hard to navigate the credit minefield, which is littered with technical terms and governed by rules many of us don’t understand. This guide is designed as a [...]

Mortgage resuscitation required urgently!
The UK housing market will not recover until the mortgage market is fixed and expert advice at the Bank of England says, print more money in the hope of saving our economy from a long and drawn out recession is the answer. The Council of Mortgage Lenders says the number of UK [...]

According to Credit Action almost sixty-six percent of Britons had seen their finances stretched by the current recession. It seems that 31% of households are now so worried about the state of their finances that they are considering missing essential repayments on credit cards, loans and mortgages.  Research by Mintel has shown that over five [...]

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 [...]

If you developed a strange rash that just wouldn’t go away, you’d visit your doctor - but it’s amazing how many people who listen to health warnings don’t do the same when it comes to wealth warnings.
Now more than ever, it’s crucial to monitor your debt levels to prevent a slide into the financial mire [...]

According to a recently published article by the Financial Services Authority (FSA) on the latest mortgage lending statistic they reported a sharp surge in mortgage arrears. With borrowers continuing to struggle to clear their mortgage arrears, the numbers of arrears have been progressively increasing since the beginning of 2007. By the end of 2008 there [...]

The Story So Far!
It is reported today that 29,444 people in England and Wales declared themselves insolvent in the last quarter of 2008; this is an 18.5% increase for the same period in 2007. About 2/3rds of these people some 19,100 declared themselves bankrupt during this period; this is a record number of bankruptcies. The [...]

Most people have no real understanding of the impact of the American Insurance Group or AIG on the mortgage market and the global banking system and how close we came to Financial Armageddon. All of a sudden the dominoes started to fall and the Federal Reserve Bank of America started to pick and choose who [...]

We are generally apprehensive of the unknown and this is true of contacting debt Management organisations as we don’t know what to expect. When you have made contact with a Debt Management charity you should then be put through to a debt management advisor. The debt advisor will assess your current personal financial situation and [...]