'Greater transparency' is needed for consumers says Nationwide - Published:04/12/07
touching accounts from one bank to another is "easy", according to the British Bankers' AssociationThe value of Christmas presents can "significantly" affect home contents insurance, warns NFU jointAxa is launching My Budget Day on November 21st in an effort to encourage people to take manage of their financesFollowing the Resolution base's announcement that price comparison websites should have a voluntary code of practice, Nationwide says supposed such a code should also apply to banks and building societiesThe building society future that the code should comprise displaying long-term benefits and costs of financial products, rather than just stress initial offers that "be unsuccessful to deliver the promised value""The industry, comparison websites, and most excellent buy table providers all have a duty to ensure consumers are aware of issues similar to adverse order of payments on credit cards, introductory deals on investments accounts and unnecessary fees with mortgages" supposed Stuart Bernau, executive director for NationwideHe stressed the importance of creation an informed decision when banking or choosing financial productsFinancial comparisons sites denote the consumer does not have to manually shop around for car cover, loans or other armed forces The site regularly updates and compares available prices for the customer A recent YouGov census revealed that 45 per cent of people have used a comparison place.
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'Greater Transparency' Is Needed For Consumers Says Nationwide >>
Credit card customers alerted to forecast of further rate rise in 2007 - Published:12/05/07
praise CARDS LOW RATE praise CARDSSTUDENT praise CARDS0% APR praise CARDSCREDIT CARDS ONLINEBALANCE TRANSFERSInterest rates may go up another quarter of a percentage point at some point in 2007, a banking analyst has predicted, in news that could be a be anxious for some credit card debtorsFollowing on from quarter-point increases in imposing and November 2006, this month has seen the third interest rate hike in six monthsusually, credit card providers pass on the belongings of the Bank of England's decision to cardholders, so 2007 could potentially see further increases in repayment charges for some customersAnd Edward Menashy, stockbrokers' leader economist at investments expert Charles Stanley, has now told the banking industry his predictions for future speed changes"The interest speed peak may now be 55 per cent but my forecast remains that interest rates will return to 475 per cent by the end of 2007," he saidPeople who have exhausted heavily over the festive period and desire to delay repayments may desire to contrast credit card providers to find the best credit card offersThis week saying financial website MoneyExpert publish research that indicated there are currently 149 0% credit cards available on the market, which do not charge any interest during the set preliminary periodDebtors benefit from switching to low rate credit card deals, specialist suggests - Tue, 09 Jan 2007Credit Cards | Business Credit Cards | Balance Transfers | Low speed.
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oft: credit card charges to be cut - Published:27/11/06
The Office of Fair Trading (OFT) announced yesterday that praise card companies would be cutting their non-payment charges by up to 50 per centFollowing an inquiry by the administration watchdog earlier this year into not on time payment charges, a report it published suggested that default charges were put at a "significantly higher level" than was considered fairindividual finance manager at Which Emma Bandey supposed that she was "pleased the OFT has insisted that the banking division justifies what they charge when customers go over their overdraft limits"Which has extended since asked banks to unlock their books to public scrutiny as we feel the default charges should be proportionate and reproduce the administration costs involved They should not be, as they are now, random figures picked to make the most out of unsuspecting customers," she addedTerms of use publicity Resources Product guides Press releases About us.
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