Make use of the Financial Ombudsman Service

The financial crisis has meant that many people are losing their jobs and are struggling to borrow money. It is important that people realise that they have a right to complain against any injustice they feel has been made against them.

The Financial Ombudsman Service exists to protect people and pursue their complaints. They have recently released . . . → Read More: Make use of the Financial Ombudsman Service

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Compare credit cards online to save on interest

There are numerous credit cards on the market today and this is largely because many institutions are now offering them that are not banks. Department stores often offer specific credit cards that offer a discount in their store that can be used anywhere. Finding an appropriate credit card can be a very challenging process these days . . . → Read More: Compare credit cards online to save on interest

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Classic cars increase in value more than gold in 2011

If, when you decided to invest in a classic car you had bought the right one, your investment would have performed at more than double the performance of gold. Classic cars really are the smart place to park your money, and the fact that they are out-performing gold proves this. The Historic Automobile Group International (HAGI), have . . . → Read More: Classic cars increase in value more than gold in 2011

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MPs want to see a drop in car insurance premiums

Ever increasing premiums for motor insurance are pushing hard pressed motorists to their limits financially, but finally there may be a glimmer of light at the end of the tunnel. A committee of cross party MP’s are challenging the industry to try and get them to reduce their prices.

The committee has said that the prices of . . . → Read More: MPs want to see a drop in car insurance premiums

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Used cars and consumer rights

The Bedford Borough Council Trading Standards Committee is asking motorists to be careful when they buy a used vehicle due to the fact that they may not be receiving all of their consumer rights. A new national campaign has been started by the OFT (Office of Fair Trading) to help address used car buying, due to . . . → Read More: Used cars and consumer rights

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Payday loans used by many to pay mortgages

Shelter, the homeless charity, has recently released information showing that in the last year nearly a million people have used payday loan companies to cover rent or mortgage payments. Six times this number have used other types of expensive borrowing such as unauthorised overdrafts and credit cards to help pay everyday household costs as well as . . . → Read More: Payday loans used by many to pay mortgages

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Payday loans set to spiral in 2012

The holiday season also tends to be cash-crunch season for many households in the UK.   A lot of them end up resorting to so-called payday loans – short term, high interest loans often amounting to only a couple of hundred pounds in principal but subject to interest that can multiply that amount by thousands.  A recent . . . → Read More: Payday loans set to spiral in 2012

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Christmas shoppers turn to the internet

Poundland, the discount retailer, has recently conducted a survey of 2000 people in theUKand this has indicated that they are going to be spending at least 10 hours in the run-up to Christmas investigating where the best bargains can be found. The survey also showed that one in five people will spend three hours a week . . . → Read More: Christmas shoppers turn to the internet

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Financial education of young people

An eight-month enquiry has recently been completed by the All-Party Parliamentary Group on Financial Education. The conclusion by the group was that the government should be focusing on the financial education of young people so that they are less likely to run into money problems in the future.

As a result of being investigation a report has . . . → Read More: Financial education of young people

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