Debt Consolidation Articles
Financial unhappiness increases
More people are unhappy about their finances now than they were a year ago, a new survey has found.
The poll by First Direct revealed 48 per cent of consumers were dissatisfied with their financial state in 2011, compared with 36 per cent the previous year.
Not paying off more debt was the greatest regret for over half a year ago, a concern pushed into second place by a failure to save more this time, but still the biggest worry for 33 per cent.
Other concerns included spending too much on a partner, lending to – or borrowing from – family members and paying for an expensive holiday.
However, the first and third of these concerns were an issue for only half as many people as last year, which may suggest some are budgeting more carefully than they used to.
Those whose debt problems are rising include a minority of tenants, who are failing to cope with higher rents and are falling into arrears, according to the Tenant Arrears Tracker by Templeton LPA.
It said over 78,000 people are now two months or more behind with rent, an 18 per cent rise in the past year.
Who Are Qualified For First Home Buyer Loans
You are at the time of your life when you no longer want to pay monthly rent. You want to finally have a house that you can declare your own. It is only natural that you desire to have a place that is your domain and your kingdom, no matter how small or how big it may be.
Having your very own home is so much better than having to answer to a landlord. The money you pay your landlord on a monthly basis (for the rent) will go to waste unlike if you have secured a home loan, all of your money will go directly to paying your house.
In this article, we will discuss who are qualified to secure first home buyer loans.
Men and women are qualified to apply for such a loan if they have not yet owned a house or if they have had no success in looking for their house in the last three (3) years. People who work and have moderate to low income are those who are eligible.
HSBC is Closing its Local Branch. Should I be Concerned?
I just received an email from HSBC stating that as part of a new strategy to focus on fast-growing emerging markets they were selling their branches local to me to another bank. Part of this new strategy includes their plan to cut 30,000 jobs, but that doesnt effect me directly. Nor does the closing of the local branches.
I dont have my money at one of those physical branches, but I keep my emergency fund in an HSBC Direct online account. I realized early on that I simply dont have enough in that savings to warrant chasing the interest rate from institution to intuition, and that its better to keep the number of bank accounts limited, so I kept my ING and HSBC accounts. HSBC had been offering a higher rate than ING until recently HSBC now only offers 0.80% compared to INGs 1.0%.
But I digress
Even though I keep my money in their online account and never used a physical branch, it always gave me a cozy feeling to know that there was a branch nearby should I ever need to access one.
ClearDebt Christmas Giveaway – £600 Prize Draw
We’re helping to lighten the load this Christmas by giving away £600 in our “12 days of Christmas” promotion.
As the cold, dark evenings begin to set in and the stores sprinkle their aisles with festive décor, it’s only natural that those watching the purse strings begin to twitch with worry about how much the next month is going to cost us.
The gift list can easily spiral out of control no matter how hard you try to cut back, and of course, there’s still Christmas Dinner to think of….and Boxing Day…and New Year’s Eve.
We know how hard it can be at this time of year and so, we have decided to lighten the load a little and try and help out with the costs during this festive time.
This December, we’re giving you, our clients the chance to win £50 a day for the first 12 working days of Christmas. Six IVA and six Debt
Northern Rock to offer better loan deals
Northern Rock will be expected to offer some enticing deals to win custom from other banks now it has been taken over by Virgin Money, an expert has said.
Better unsecured loan rates may be among the things the institution can offer and head of banking products at Gocompare.com John Miles commented: “There will also be a huge expectation that its products and services will set it apart from the corporates.”
Those keen not to build up too much debt with expensive loans may be interested to see what Northern Rock offers, as well as considering its other offerings.
The bank was taken into public ownership at the outset of the credit crunch in 2007, with the profitable part of the bank being separated from a new section holding the toxic assets that had threatened its future.
Announcing the sale of the good part for £747 million yesterday (November 17th), chancellor George Osborne said Virgin Money has pledged to maintain and ultimately extend its branch network.
Debt Consolidation – How To Information
Increasing debt, lots of repayments and other financial crunches are a part of the lives of majority of the people these days. As there are increasing debt concerns prevailing in almost every part of the World, people from different corners of the World are busy in discovering the ways with help of which they can get rid of their unwanted debts once and for all. Although there are many ways of getting rid unwanted debts but the one which standout of the lot is surely debt consolidation. Debt consolidation is a modern day technique of consolidating multiple number of debts into one single debt. I am sure by now you must have gotten some idea to what debt consolidation is all about and how it works as well. However, if you still confused and unable to understand that debt consolidation is surely one of the best methods of getting rid of unwanted debts then divert your attention towards the upcoming points because after going through these, you would get a complete picture of the brighter side of debt consolidation.
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