Personal Finance Articles

Make sure you and your home are covered - Posted by Andrew Regan.

By buying the right amount and types of insurance, homeowners can ensure that both they are their property are covered against most mishaps to occur in and around the home.

California reverse mortgage can ease out your financial responsibilities - Posted by Antonio Redford.

A California reverse mortgage can change the way you look at life post retirement and beyond the age of sixty-two.

Men to transfer most credit card debt in early 2008 - Posted by Andrew Regan.

Almost £9billion of credit card balances will be shifted between different card companies in the first three months of 2008 with men switching the biggest average balances of almost £3,500, according to the latest research.

Brits saving £1 trillion by 2012 - Posted by Elisha Burberry.

The combined balance of cash savings accounts in the UK is in line to hit £1 trillion by 2012.

CTFs inspire parents to set up second saving accounts - Posted by Adam Singleton.

Child Trust Funds are helping to create a culture of saving and many parents are going beyond the government scheme to set up alternative accounts, research shows.

Time to take debt seriously, warns UK bank - Posted by Andrew Regan.

A significant number of people now consider using the equity in their property or resorting to insolvency as legitimate ways of clearing their debt, making them blasé about building up debt.

Mortgages set to be even cheaper in the New Year - Posted by Andrew Regan.

The Monetary Policy Committee unanimously voted to cut the Bank of England base rate by a quarter of a per cent, and that unison has prompted hopes that another reduction will follow in the New Year.

'Borrowing up, savings down' spells trouble for UK economy - Posted by Paul McIndoe.

Over the past year the level of UK savings has dropped and the amount of consumer borrowing has increased, spelling trouble for many of those struggling to afford their commitments; and also for those expecting to transfer credit card balances to new cards.

Boffins devise new credit scoring system - Posted by Andrew Regan.

The existing credit rating system used by most banks and building societies has been updated by scientists at Edinburgh University who believe that their new model is better able to predict potential defaulters at the point of application.