Which? demands action over unauthorised overdraft charges

Friday, January 20th, 2012

Bank charges on unauthorised overdrafts are "too high, too complex and impossible to compare", according to a report from consumer organisation Which?. It is calling on the financial regulator to put a stop to these "complicated and exorbitant" charges.Which? asked a group of consumers to work ...

How college students can eliminate their credit card debt?

Thursday, January 19th, 2012

Students are frequently using credit cards these days but due to lack of financial discipline they end up incurring insurmountable amount of debt. These young students exhaust their credit cards as they fail to manage their finances properly. The credit card allures the young generation to splurge and entice them ...

Are You $10,000 In Debt And Behind In Payments?

Thursday, January 12th, 2012

If you are, you are a member of a huge number who are in the same position. The economy may be coming back but surviving the past few lean years may mean that you relied too heavily on credit cards to make it through. Now, you feel the strain ...

How to Speed Up the Loan Modification Process ?

Sunday, January 1st, 2012

Loan modification Department helps you legally change the terms of your mortgage so that you can pay it off better. But you cant expect lenders to make it easy. In fact, many homeowners fail to reach a reasonable settlement with their lenders, and even those who do have to settle ...

Mortgage arrears and repossessions set to rise

Sunday, December 18th, 2011

Rising unemployment and increased pressure on household budgets will lead to more borrowers falling behind on their mortgages and getting repossessed in 2012, mortgage lenders have forecast.The Council of Mortgage Lenders (CML) said 45,000 homes could be repossessed during the year, up 20% from an estimated ...