Lenders taking tough stance on IVAs - Published:02/01/08
Moving financial records from one bank to another is "easy", according to the British Bankers' AssociationThe value of Christmas presents can "significantly" affect house contents insurance, warns NFU MutualAxa is launching My Budget Day on November 21st in an effort to encourage people to take manage of their financesLenders are becoming tougher in their attitudes towards Individual unpaid Agreements (IVAs), an industry worker has revealedIVAs are popular with consumers who are having difficulty with repayments on loans, credit cards and, sometimes, mortgagesUnder the terms of an IVA, the debtor agrees to repay a proportion of the debt over a certain era, usually with the rest being written offBut some banks and lenders sense that the system has been abused in recent years and are becoming less co-operative, Debt Free straight said nowadaysA spokesman for the company, which provides free and independent recommendation to debtors, said lenders "are not as helpful in approving IVA deals and are becoming much, much tougher and are denying right of entry to an IVA"Earlier this week, a report by consultancy firm funding Thornton found that UK personal debt - in the form of mortgages, overdrafts and credit cards -has topped £1,345 billion, exceeding predicted disgusting domestic product for.
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Over a third of Brits now bank online - Published:12/12/07
touching accounts from one bank to another is "easy", according to the British Bankers' AssociationThe value of Christmas presents can "significantly" affect home inside insurance, warns NFU MutualAxa is launching My financial plan Day on November 21st in an attempt to give confidence people to take control of their financesThe amount of populace who conduct their banking via the internet has almost doubled in the past four years, it has emergedA sum of 169 million adults now bank online, by the internet for purposes such as paying bills, examination statements and applying for credit cards, according to research from ApacsThis figure amounts to over a third of the population, while it was also found that two-thirds of those with a current account right of entry their details at least once a weekApacs discovered that all era groups were using online banking more than previously, with 16 to 24-year-olds showing the main growth since 2002"The big we get, the more complex our finances tend to become," said Sandra Quinn, director of infrastructure at Apacs"Our research shows that increasingly, if you are under 35, you are more than likely to be turning to the internet rather than the phone to manage your finances," she additionalMeanwhile, Apacs recently revealed that the chip and pin method of sum has abridged money lost through counterfeit and fraudulent practices by.
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Over A Third Of Brits Now Bank Online >>
Bride and groom encouraged to 'check insurance' - Published:17/05/07
With the wedding season almost immediately to get into full flow in the pending months, NFU Mutual is encouraging people to assess their home contents wrap soon afterMany couples will be expecting to receive a figure of gifts for their wedding, but research indicates that less than one-in-ten populace check their level of cover next a weddingThe gift list market was estimated to be value some £2672 million in 2006 and is ongoing to grow, making the arranging of a suitable cover plan even more importantIn order to advantage those people tying the knot, NFU Mutual will add to the amount of home inside cover in the household by ten per cent or £5,000, either is greater, for the month before and after nuptialsDavid Oram, personal insurance underwriting boss at NFU Mutual, supposed: "There is a great deal of excitement in the sprint up to a wedding and naturally, the practicalities of checking your home insurance can sometimes be forgotten"Although NFU joint offers newlyweds the lavishness of a temporary automatic increase, once the honeymoon era is over, we urge couples to review.
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Bride And Groom Encouraged To 'Check Insurance' >>
