Apacs gives credit card advice - Published:30/10/07
Apacs, the UK payments civilization, is offering tips to teenagers and young adults to help them decide the right debit and credit cards for their needsThe association has launched two new guides, for youngsters and their parents, in the expect of encouraging sensible and sustainable use of withdrawal and credit cards, which may assist to reduce the number of bad amount overdue faced by banks and cut the level of debt young populace haveFigures from Apacs indicate that 86 per cent of British adults up to the age of 24 possess either a debit card or a credit card, while those with the former make as many as 69 high street purchases each year with their artificialMeanwhile, fewer of this demographic use a accuse or credit card - 37 per cent - which compares with an standard of 66 per cent among all adultsSandra Quinn, manager of communications at Apacs, commented: "Young people are expenditure ever-increasing amounts of money and it is therefore vital that they make a careful decision before.
Read More:
Apacs Gives Credit Card Advice >>
Financial services provider reveals 40% of UK plan to blow bonuses - Published:23/05/07
CREDIT CARDS near to the ground RATE CREDIT CARDSSTUDENT CREDIT CARDS0% APR CREDIT CARDSCREDIT CARDS ONLINEBALANCE TRANSFERSSome four in ten populace who receive a cash bonus will use the entire sum over the following weeks, according to the latest informationResearch from financial services provider coalition and Leicester Savings indicates that approximately 45 million employees will take delivery of a bonus this year, of whom 40 per cent will use it allAnd there appears to be a sex difference between spenders and savers, with 48 per cent of women preparation to blow the bonus as opposed to 34 per cent of menRoss Dalzell, boss for savings at Alliance and Leicester, expressed shock at the results"It's amazing that all the hard labor that goes into securing a bonus or pay rise can be spent in now an immediate," he said"One in six people (16 per cent) surveyed conventional between £1,000 and £5,000 for their last pay rise"However, spendaholics who decide to go on a shopping binge may need to be cautious of purchasing luxury items that exceed their bonuses, such as an expensive new automobile This could lead them to resort to borrowing on credit cards or individual loans, which may present them with financing difficulties in the futureDebtors advantage from switching to low rate credit card deals, expert suggests - Tue, 09 Jan 2007Credit Cards | Business praise Cards | Balance Transfers | Low Rate praise.
Read More:
Financial Services Provider Reveals 40% Of Uk Plan To Blow Bonuses >>
Interest rates stay at 4.5 per cent - Published:10/01/07
In a widely anticipated move the Bank of England's financial policy committee (MPC) has determined not to lower the interest rate despite concerns about financial growthAccording to the Centre for Economics and Business investigate (cebr), pressure from oil prices and wages could keep the base speed at its current level for some time"We do not expect to see the base rate below 45 per cent for most of this year," the financial think tank said in a statement "High info [for wages and oil] will support interest tax remaining put for some occasion yet," it saidMortgage lenders and union leaders have called on the committee to make a slash to increase the largely sluggish housing market and inject some life into the financial system"The bank's delay in cutting interest rates risks a further year of dreary economic growth and as a result we will see more job wounded, especially in the hard-pressed manufacturing division," Ian Binkley of the TUC said in response to nowadays's announcementMoneyExpert Limited is authorised and regulated by the Financial Services Authority (FSA register No 301654) The Financial Services Authority does not control some forms of mortgage contract,.
Read More:
Interest Rates Stay At 4.5 Per Cent >>
