Bank Of England Keeps Base Rate Unchanged

Mark Dawson offers the following royalty-free article for you to publish online or in print.
Feel free to use this article in your newsletter, website, ezine, blog, or forum.
-----------
PUBLICATION GUIDELINES
- You have permission to publish this article for free providing the "About the Author" box is included in its entirety.
- Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity.
- Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only.
- If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links.
- Please send a copy of the publication, or an email indicating the URL to admin@loan-arrangers.co.uk
- Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article.
-----------
Article Title: Bank Of England Keeps Base Rate Unchanged
Author: Mark Dawson
Category: Loans, Personal Finance
Word Count: 566
Keywords: base,rate,unchanged,loans,secured,
personal,finance,credit
Author's Email Address: admin@loan-arrangers.co.uk
Article Source: http://www.articlemarketer.com
------------------ ARTICLE START ------------------

The Bank of England's monetary policy committee (MPC) has voted to keep interest rates at 5.75 per cent for the duration of September, it has emerged.

At its monthly meeting in London, the committee decided to keep the base rate of borrowing consistent for the second consecutive month following the hike of 0.25 percentage points actioned in July. In a statement released today (September 6th), the Bank claimed that the disruption seen in the financial market, caused in part by the sub-prime crisis in the United States, meant that it was too early to increase interest rates as it continues to assess how recent events could impair the availability of secured loans and other forms of credit to both companies and individuals.

Commenting on the announcement, David Kuo, head of personal finance at the Motley Fool, claimed that although the news was "not completely unexpected" due to recent turbulence in the financial markets, borrowers should take advantage of the hold by making as many overpayments as soon as possible into loans and other types of borrowing, should another rate rise take place.

He said: "Homeowners can draw some comfort from the Bank's decision to leave interest rates unchanged. In fact, there have even been suggestions that the Bank may cut interest rates to avert a slowdown in the economy. However, a recent report from the Bank of England suggests that a rate cut in the near future is unlikely given that five interest rate hikes in the last year have failed to dampen demand from consumers to borrow more".

"But whatever the Bank does in terms of future interest rates, borrowers can take active steps now by overpaying their loans today. While the Bank of England involves itself in complex economic analysis, consumers should instead stick to simple arithmetic. This states that every pound you overpay on your loan will go to decrease the amount borrowed rather than go towards interest payments."

Meanwhile, Trevor Williams, chief economist for Lloyds TSB Corporate Markets, claimed that a rise would not have been suitable given the current economic climate. He pointed out that banks have been increasingly cautious about lending money to one another, which in turn has seen them steadily increase their interest rates. Consequently, Mr Williams suggested that the MPC hold would be the best way in which to get these rates to fall.

The economist asserted that interest rates are likely to have reached their peak, pointing to a "cooling" property market, a slow in earnings growth and falling inflation as various indicators that the committee will not look to raise the rate of borrowing in the near future. However, Mr Williams added that the MPC is likely to wait for the "pain" of the recent credit crisis to ease before deciding on whether to adjust the base rate, with any moves unlikely to be "for a while yet".

Although the committee has voted to keep the base rate consistent, which is likely to be welcomed by borrowers as their level of monthly repayments will stay the same, consumers should not take too relaxed a view about the importance of paying back loans. Earlier this year, a study carried out by MoneyExpert showed that more than 1.38 million loan repayments have been missed during the first six months of 2007. Chief executive Sean Gardner claimed the figures act as "another warning" of the financial stress being felt by consumers across the country.

Mark Dawson writes for the the Loan Arrangers where you can apply online for low rate loans, you can also compare loans online, bad credit loans applications welcome. Visit Today: http://www.loan-arrangers.co.uk
------------------ ARTICLE END ------------------

Mums And Dads 'Feel The Pinch' Of Extra Curricular Activities

Steve Smith offers the following royalty-free article for you to publish online or in print.
Feel free to use this article in your newsletter, website, ezine, blog, or forum.
-----------
PUBLICATION GUIDELINES
- You have permission to publish this article for free providing the "About the Author" box is included in its entirety.
- Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity.
- Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only.
- If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links.
- Please send a copy of the publication, or an email indicating the URL to steve.smith@1stopfinanceshopuk.biz
- Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article.
-----------
Article Title: Mums And Dads 'Feel The Pinch' Of Extra Curricular Activities
Author: Steve Smith
Category: Loans, Personal Finance
Word Count: 524
Keywords: low,rate,personal,loans,secured,finance,credit
Author's Email Address: steve.smith@1stopfinanceshopuk.biz
Article Source: http://www.articlemarketer.com
------------------ ARTICLE START ------------------

Parents may find pressure on their finances is being compounded due to the cost of funding their child's extra curricular activities, new figures indicate.

Research carried out by Alliance & Leicester suggests that as schoolchildren across Britain return to the classroom for the start of the new term, their mothers and fathers could well find that their ability to manage their money is squeezed due to the expenses of various out of hours pursuits such as music and sport.

According to the financial services firm, the love of the sport could see football-mad children pressurising their parents' capacity to handle areas of their finances such as mortgages, utility bills and personal loans. Those looking to get the latest kit for their soccer-loving offspring could be set back by up to 115 pounds. Meanwhile, with 40 pounds the average cost of joining an after-school football team, as well as transport expenses for going to and from training and matches, consumers may well "soon see the bills mounting up". Overall, the sport was said be costing parents throughout the country 314 million pounds every year.

The study also showed that children looking for a career in classical music could well be putting financial strain on their loved ones. A violin starter pack costs some 79 pounds, while this expense rises to 199 pounds for a beginner's clarinet set. In addition tuition classes are revealed to stand at 20 pounds an hour. Meanwhile, the parents of budding Kylie Minogues and Robbie Williams could be set to pay up to 35 pounds per hour for a private singing lesson, as music lessons set the nation back a total of 3 billion pounds.

Ross Dalzell, manager for savings for Alliance & Leicester, said: "of course, every parent wants their child to be able to take part in extra-curricular activities on offer inside and outside of school and to support their every ambition. But costs will mount up on top of the price of compulsory uniforms, school dinners and school trips. Parents will feel the pinch if they have not made financial provision for their child's extra-curricular activities; especially if they have more than one child at school, or if their child takes part in more than one activity."

Mr Dalzell suggested that by regularly saving money consumers "can easily build up to eliminate stress and absorb these additional costs". He added that Britons may also wish to use money received from a payrise or bonus as a way of easing such pressure on their finances.

For those struggling to supplement the various costs of their child's activities, a low-rate personal loan may well be an advisable option. In July, research conducted by the Alliance Trust Research Centre showed that a growing number of British families "continue to borrow big and spend bigger" despite increasing pressure being placed on them by rising utility bills and a slow in real earnings growth. Commenting on the study, Shona Dobbie, head of the firm, said: "Far from never having it so good, we've seldom had it so bad, with homes squeezed by lower earnings growth, higher mortgage repayments and chronic council taxes, to name just a handful of issues."

Steve Smith writes for 1 Stop Finance Shop, where our visitors have access to all types of finance from payday loans, and unsecured tenant loans, to self employed loans for homeowners. Visit today http://www.1stopfinanceshopuk.biz/
------------------ ARTICLE END ------------------

New Study Reveals Rise In Financial Confidence

Abbi Rouse offers the following royalty-free article for you to publish online or in print.
Feel free to use this article in your newsletter, website, ezine, blog, or forum.
-----------
PUBLICATION GUIDELINES
- You have permission to publish this article for free providing the "About the Author" box is included in its entirety.
- Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity.
- Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only.
- If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links.
- Please send a copy of the publication, or an email indicating the URL to abbi.rouse@inter-financial.com
- Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article.
-----------
Article Title: New Study Reveals Rise In Financial Confidence
Author: Abbi Rouse
Category: Debt Consolidation, Loans, Personal Finance
Word Count: 505
Keywords: debt,consolidation,secured,
personal,loans,finance,credit
Author's Email Address: abbi.rouse@inter-financial.com
Article Source: http://www.articlemarketer.com
------------------ ARTICLE START ------------------

Britons' faith in their financial situation is improving, new figures reveal.

In a study released by GfK NOP earlier today, the Consumer Confidence Index score increased by two points over the course of August to now stand at -4. Research from the financial services firm revealed that the climate among members of the public to make major purchases returned to a positive score over the duration of this month. Increasing by six points, the score now stands at +4 and was reported to have driven the general rise in Britons' consumer confidence - however, this is still three points down from the same time last year.

Meanwhile, the savings index, which judges people's propensity to set money aside for a rainy day, was said to be at a record level. Currently standing at +42, it is the highest level noted since the late 1980s and is some 12 points above figures noted in August 2006.

Over the month, the index measuring changes in consumers' views on their personal financial situation, which may include their ability to put money into savings accounts and pay off loans, rose to +2 - some two points higher than the study noted when it was carried out during the same month in 2006.

However, a slight fall was recorded in the public's optimism about their monetary situation over the next 12 months. Although a decrease of one was noted from July statistics to a present level of +12, this figure was still reported to be higher than the index recorded in August 2006. In addition, a fall was recorded in expectations over Britain's general economic situation in the coming year. The second consecutive decrease, this index now stands at -15. Meanwhile findings from GfK NOP showed that consumers' measure about Britain's general economic situation during the past year stayed consistent at -25.

Remarking the findings, Rachael Joy from the financial services firm's consumer confidence team said: "Consumers this month have a renewed confidence in the major purchase index with an increase of six points. This August they also appear happier about the economy in general compared to this time last year, which could be a reflection of lower inflation rates, a buoyant housing market and good savings rates being offered. Next month it will be interesting to see if consumers continue with this upbeat attitude, or if the threat of more interest rate increases, more rain and an unstable US market begin to take their toll."

And with elements of the GfK NOP study revealing some concern about consumers' financial outlook, those worried about managing their finances could be well advised to take out a debt consolidation loan to rein in their monthly outgoings. Earlier this month, Adrian Kidd, a spokesperson for Mint Financial Services, claimed that getting such a loan could be a much better option than running up debts owed on various credit cards. However, he warned Britons to cut up their cards immediately so as to avoid the temptation of going into the red once again, otherwise they "never really make any progress".

Abbi Rouse writes for AllAboutLoans.co.uk, an online loans comparison site, visit us today for information on all loan topics including cheap loans applications and loans sourcing from all leading UK providers. Our Site: http://www.allaboutloans.co.uk
------------------ ARTICLE END ------------------

Student Loan Consolidation Information - How To Qualify & Locate Scholarships

At the time of researching your student loan consolidation information options you want to look into how to locate and obtain available scholarships.

A scholarship as distinguished from a student loan is money given that doesn't need to be repaid, there are scholarships for athletes, academic high-achievers, children of local widows and Pacific Islanders, in short there is a type of scholarship to suit any potential situation.

The problem is finding them, a large proportion of scholarships are academic oriented, they involve excellent grades, but that is often just the first criteria, in order to win out over those students with the same GPA's or SAT scores, the student often has to have other elements in their background, at times that is an award from Westinghouse or other science-based competition, however it could possibly be having a history of community service the options are numerous.

One of the easiest ways to get started is to speak with a school counselor to find what is available, notwithstanding take what they say with some skepticism as they are often overworked and not aware of the latest information, continue your research by doing many web searches and dig into the thousands of potential scholarship schemes available, there are a large number of quality websites with lists of scholarship programs, amounts and a brief blurb on application requirements or criteria, in a few instances the initial criteria is as minimal as having or expecting soon a high school diploma and being a U.S. citizen, others may need your acceptance at a university and a specific residence.

There are also scholarships for the children of veterans and for those who intend to major in Health Sciences as well as for those who are residents of Virginia, just to list three, the majority but not all require you to have good grades, many may require the student to be from a low-income family, nevertheless others look to ethnicity, in other words there is a scholarship to cover the whole spectrum of possibilities.

A few scholarships require evidence of more than just an outstanding grade point average or very good test scores, or information about personal background, a good number may require that the prospective winner provide an essay, some as small as 250 words and others as long as 5,000 words, the essay could be oriented towards listing personal achievements or merit, or the grantors might like to know the prospect's views on the world, here again they run the gamut of options.

The majority scholarships are free, in the sense that the funds never need to be re-paid, nonetheless it is not always the situation that the recipient receives or gets to keep the official total amount, a good number are taxable and according to the IRS, the following criteria applies to scholarships with respect to taxability, qualified scholarships and fellowships are treated as tax-free amounts if all of the following requirements are met, 1 - You're a candidate for a degree at an educational institution, 2 - Amounts you gain as a scholarship or fellowship are used for tuition and fees needed for enrollment or attendance at the educational institution, or for text books, supplies and equipment needed for courses of instruction, 3 - The amounts received aren't a payment for your services, you should also visit the IRS website for current information.

The only way to discover what is out there, and if you qualify or have a chance to receive a scholarship, is to look into the different schemes and start applying, it is a great deal of work, however it just proves once more time that there is no such thing as a free meal, it is essential to keep this information mindful when considering any student loan consolidation information.

Ian Wilkie is a published expert author of many Student Loan Consolidation Informationis articles and owner of - http://www.mystudentloanconsolid
ationinformation.com/
your one-stop online resource for Student Loan Consolidation Info.
------------------ ARTICLE END ------------------

Student Loan Consolidation Information - What Are The Pros & Cons Of Private Student Loans

Ian Wilkie offers the following royalty-free article for you to publish online or in print.
Feel free to use this article in your newsletter, website, ezine, blog, or forum.
-----------
PUBLICATION GUIDELINES
- You have permission to publish this article for free providing the "About the Author" box is included in its entirety.
- Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity.
- Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only.
- If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links.
- Please send a copy of the publication, or an email indicating the URL to info@mydebtconsolidationsolution.com
- Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article.
-----------
Article Title: Student Loan Consolidation Information - What Are The Pros & Cons Of Private Student Loans
Author: Ian Wilkie
Category: Debt Consolidation, Loans, Personal Finance
Word Count: 632
Keywords: Student Loan Consolidation Info, Student Consolidation Loan Information, Student Loan Consolidation
Author's Email Address: info@mydebtconsolidationsolution.com
Article Source: http://www.articlemarketer.com
------------------ ARTICLE START ------------------

When researching your student loan consolidation information options you need to investigate private student loans.

Several of the basic Federal student loan schemes are among the most attractive as they need no credit check and offer substantial sums for financial aid, notwithstanding, these schemes are need based and often carry other criteria that sometimes makes it hard to qualify, even when students and parents do meet the requirements and qualify, the loans in many cases only cover a portion of the total cost of education, when students and their parents find themselves in this situation, they will turn to private loans to build up the difference.

Private loans too have many pros and cons, nonetheless a credit check is virtually a universally requirement, for those with a reasonably good credit history that not no a problem, nonetheless reasonably good is a relative term and if it is not good enough, borrowers will find that they are paying higher than optimal interest rates.

Past the stated interest rates, there are many other financial implications of private loans, fees can be tacked on or instead taken off nominal loan amounts, a relatively modest loan of $4,000.00 might have 4% in charges applied before distribution, that results in $160.00 of the loan amount never being seen by the borrower, nevertheless having to be re-paid, as a rough guide every 3% of fees is equivalent to an incidental 1% on top of the stated interest rate.

Notwithstanding the above private loans do provide some advantages.

The obvious advantage was alluded to above, the money is available, private lenders exist to make a profit on the interest and charges they apply to loans, they have an interest in making cash available to borrowers, as a consequence many will work hard to ensure that every applicant qualifies, Federal lenders however have an inflexible set of criteria and there is generally no real appeal if your application is refused, not having to work with that impersonal and in many instances illogical, bureaucracy is another big advantage of private loans.
Private lenders also maintain customer service departments that are staffed and exist to answer customers questions, however Federal loan services typically have contacts and whilst assist is available generally it is hit or miss in terms of quality.

There are also other useful considerations that apply to make private loans appealing.

Neither students nor parents have to fill out the FAFSA (Without Cost Application for Student Aid) process(s), nor supply similar supplemental documentation, private loan applications tend to be simpler and the complete system easier, nevertheless fees and interest rates may be higher or reduced depending on the individual plan.

The most attractive private loans may have no fees and interest rates that are about the same as the prime rate less 1%, the prime interest rate is the interest rate banks charge one another or their biggest and most favored customers, acquiring a rate at prime is a good outcome, getting a rate at 1% below prime is a fantastic deal, nonetheless be sure to check for any charges, as described above charges may substantially add to the overall total cost of the loan.

To acquire that type of loan it is necessary to have a good credit history and/or obtain a loan with a co-signer who has very good credit history, that problem might or could possibly not apply to you, the only way to understand for certain what is available is to dig into the specifics with the lenders and utilize a loan calculator, such as those available on-line to go through a few sample strategies, be certain to include all the real costs over the lifetime of the loan, to acquire a crystal clear picture of the actual costs, it is critical to keep this information in mind when considering any student loan consolidation information.

Ian Wilkie is a published expert author of many Student Loan Consolidation Informationis articles and owner of - http://www.mystudentloanconsolidatio
ninformation.com your one-stop online resource for Student Loan Consolidation Info.
------------------ ARTICLE END ------------------

Be seen first on the search engines, or your money back (September 5, 2007)

"Without being seen first on the major search engines, your

website can be little more than a glorified business card."

 

"If your site is seen first on the search engines, chances are

you're the one people will tend to contact. It's that simple."

 

Discover a better way to be seen on the major search engines.

A way that over 14,000 companies have already discovered.

Their sites are ALWAYS seen at the top of the major search

engines, WITHOUT the exorbitant pay per click charges.

This is the placement we do for Chase Bank with the search

term 'BANKING'

 

 

This is the placement we do for Kathryn Bishop, a Realtor

in Los Angeles, with the search term 'LOS ANGELES REAL

ESTATE'

 

 

And, lastly, this is the placement we do for Stone Canyon

Mortgage, with the search term 'MORTGAGE'

 

We can provide you that same placement, exclusively, across

GOOGLE, YAHOO, MSN and thirteen other search engines.

This Network is based on established, proven search toolbar

technology, having been in existence for over five years. This

search toolbar network is at over 26 million, and for 100% of

those who have the search toolbar, you have just seen what

they see on the major search engines!

 

You, too can have this guaranteed type of exposure. Our normal

run on the Network goes for six months, but for those who

register with us by the end of this week, we will give you the

second six months at no additional cost. We will also include our

Click2Call service, which can put people on the phone to you

directly from a search engine, at no additional cost.

 

As for the cost, you'll probably spend more for your morning

coffee over the coming year than you would spend for this. We

offer specific guarantees, including a money back guarantee.
Call for details.'

 

I can be reached at my office, from 8:00 AM to 5:00 PM

Pacific time.  Please feel free to call me if you have any

questions.

 

 

Best regards,

 

 

 

 

Robert Sexton

Director of Business Development, StarPosition

Phone:        800.481.2979, ext 2001

Direct Line:  949.215.0022

 

If you do not wish to receive future emails, click here. Please do

NOT reply to this email, as it would be delayed in processing. Or,

reply via postal mail to the following address:

 

Customer Service

16787 Beach Boulevard, #742

Huntington Beach, CA 92647

 

Please allow three business days to be unsubscribed via the

above link, or ten business days if you reply via postal mail.

 

Survey Reveals More Money To Be Spent On Cars

Steve Smith offers the following royalty-free article for you to publish online or in print.
Feel free to use this article in your newsletter, website, ezine, blog, or forum.
-----------
PUBLICATION GUIDELINES
- You have permission to publish this article for free providing the "About the Author" box is included in its entirety.
- Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity.
- Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only.
- If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links.
- Please send a copy of the publication, or an email indicating the URL to steve.smith@1stopfinanceshopuk.biz
- Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article.
-----------
Article Title: Survey Reveals More Money To Be Spent On Cars
Author: Steve Smith
Category: Loans, Personal Finance
Word Count: 522
Keywords: loans,car,finance,credit
Author's Email Address: steve.smith@1stopfinanceshopuk.biz
Article Source: http://www.articlemarketer.com
------------------ ARTICLE START ------------------

Spending on cars is set to rise, the results of a new study have shown.

The latest findings from the Sainsbury's Bank Car Buying Index reveal that 7.85 million Britons aim to purchase an automobile between this month and February 2008 - a rise of some 200,000 noted on the previous six-month period. Meanwhile, an estimated 58.6 billion pounds is to be splashed out on vehicles. This figure is up by 5.4 billion pounds from the study covering the spending from March to August.

Research from the financial services provider also showed that 5.35 million are set to purchase a second-hand car, a slight decrease from figures recorded during the previous index. Meanwhile, 2.11 million are aiming to buy a brand-new automobile. Overall, 2.2 million plan on spending more than 10,000 pounds on a vehicle, as 670,000 put their estimated expenditure at over 21,000 pounds.

Steven Baillie, head of loans for Sainsbury's Bank, said: "It's interesting to see that the significant drop in the numbers looking to purchase cars witnessed back in March appears to have been a short-term dip, with our recent findings revealing an increase in people looking to purchase a car over the next half-year. The amount people are willing to spend on their car purchase is also up by an average of 500 pounds on six months ago." However, he claimed that despite signs of "some recovery in consumer confidence", the most recent study reveals a fall of more than 10 billion pounds in the total amount of money spent on new cars compared with the same time last year.

Meanwhile, just under a third (31 per cent) of those who plan on purchasing a car during the next six months are set to fund some of their purchase through a personal loan. Of the total estimated amount of money to be spent on buying automobiles, 18.5 per cent, or 10.8 billion pounds, will be financed via such a form of borrowing. Mr Baillie added: "The total amount planned to be taken out in loans for car purchases is up by 28 per cent when compared with the previous six months, which means that motorists must make sure that they shop around for a competitive rate as they could potentially save hundreds or even thousands of pounds in repayments."

Across Britain, people living in the north-west of England were said to have driven the recent propensity to get a car, as the proportion of such consumers aiming to make said purchase has risen by seven per cent during the last six months. However, south-east residents are still revealed to be the biggest motoring spenders, with a predicted expenditure of 13 billion pounds.

In June, a study by Alliance & Leicester showed that a quarter of personal loans borrowers are to use their borrowing to purchase a used car. Meanwhile, 12 per cent of consumers will put the loan towards buying a new vehicle, as three per cent aim to either get a motorbike or caravan. Richard Al-Dabbagh, senior personal loans manager for the financial service provider, claimed that leaning towards personal loans "isn't too surprising" as the majority of forecourt finance deals are uncompetitive.

Steve Smith writes for 1 Stop Finance Shop. A one stop shop for all your loan requirements, from payday loans, to secured personal homeowner loans, and UK tenant loans. Visit our site today: http://www.1stopfinanceshopuk.biz
------------------ ARTICLE END ------------------

Car Purchasers 'Need To Do Their Homework'

Tom Dawson offers the following royalty-free article for you to publish online or in print.
Feel free to use this article in your newsletter, website, ezine, blog, or forum.
-----------
PUBLICATION GUIDELINES
- You have permission to publish this article for free providing the "About the Author" box is included in its entirety.
- Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity.
- Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only.
- If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links.
- Please send a copy of the publication, or an email indicating the URL to webmaster@essentiallyhomeloans.co.uk
- Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article.
-----------
Article Title: Car Purchasers 'Need To Do Their Homework'
Author: Tom Dawson
Category: Loans, Personal Finance
Word Count: 548
Keywords: car,loans,finance,credit,secured,personal
Author's Email Address: webmaster@essentiallyhomeloans.co.uk
Article Source: http://www.articlemarketer.com
------------------ ARTICLE START ------------------

Drivers lack confidence when it comes to buying a car, a new study suggests.

In research released by AA Insurance, 80 per cent of those looking to get a vehicle claim that they would not make their purchase from an independent used-car company for fear of coming across an unscrupulous dealer "and leaving with a banger rather than a Bentley".

Overall, more than half (54 per cent) of those surveyed feel that they do not understand enough about cars to help them know what they should be looking for in a prospective vehicle. As a result, 40 per cent of respondents are concerned that they may end up with an inappropriate automobile. Meanwhile, a third (33 per cent) are worried that they could be overpaying for their car, which consequently could see them develop difficulties in managing their money after taking up a showroom finance deal or paying back the personal loan taken out to fund the purchase.

The findings also indicated that 59 per cent of Britons find all car salespeople untrustworthy, with only nine per cent opting to get advice from a dealership when considering making a purchase. Making use of the internet, however, was shown to be a much more popular method of researching cars, as 20 per cent visit expert websites. Meanwhile, 15 per cent go on chat rooms and messageboards to help them get advice on what to look for. Just under a quarter were shown to consult family and friends for guidance.

Janet Pell, head of AA Car Insurance, said: "Purchasing a car can be intimidating for many people, especially if they encounter up-selling and are not sure of what to look for or what questions to ask the dealer. Before you buy, it's really important to do your homework and make sure you know what you want, what you're willing to pay and key things to check for to ensure you feel confident on the forecourt or wherever you choose to look for your next vehicle."

In addition, research from the company showed that just over a fifth of Britons do not know what they should look for when purchasing a new set of wheels, as less than half of car owners in the country claim to find it "very easy" to purchase a vehicle. As a result of such concerns, 31 per cent of those people surveyed by AA were worried that they would find faults with a car soon after purchasing it. Meanwhile, one in ten are apprehensive that they have unintentionally bought a "clocked" car, in which the speedometer has been reversed to indicate a lower mileage than is actually the case.

In May, research conducted by Sainsbury's Bank showed that failure to know the market value of cars and an unwillingness to haggle could see those purchasing a second-hand car losing out on hundreds of pounds. With the study indicating that 22.23 billion pounds is set to be spent on used vehicles in the six-month period leading up to the present, loans manager Steven Baillie advised consumers to bargain even though the majority are unwilling to do so. Findings from the company also revealed that 17 per cent of such transactions are to be funded via a personal loan, with Mr Baillie recommending that consumers take the time to consider their financing options.

Tom Dawson writes for Essentially Home Loans. Our visitors can apply online for secured personal loans and consolidation loans at the lowest interest rates. Visit our site http://www.essentiallyhomeloans.co.uk
------------------ ARTICLE END ------------------

How Much of My Credit Limits Can I Use Without Damaging My Credit Score?

Court Tuttle offers the following royalty-free article for you to publish online or in print.
Feel free to use this article in your newsletter, website, ezine, blog, or forum.
-----------
PUBLICATION GUIDELINES
- You have permission to publish this article for free providing the "About the Author" box is included in its entirety.
- Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity.
- Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only.
- If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links.
- Please send a copy of the publication, or an email indicating the URL to resources@courtneytuttle.com
- Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article.
-----------
Article Title: How Much of My Credit Limits Can I Use Without Damaging My Credit Score?
Author: Court Tuttle
Category: Loans, Personal Finance, Financial Planning
Word Count: 508
Keywords: apply for credit cards, business credit cards,credit card offer, credit card applications
Author's Email Address: resources@courtneytuttle.com
Article Source: http://www.articlemarketer.com
------------------ ARTICLE START ------------------

When it comes to your credit, there is a gray area in which you can either decrease your score, or you can use it to your advantage and improve your score. This grey area is called your credit limit.

How high can you spend within your limit before it starts to damage your credit rating? How high should you set your spending boundaries so that you can keep a good credit reputation? Is it alright to go over the limit, just a little bit?

Here are a few pointers that will help you know how high you should set your credit limit, and how spending within that limit can either help or hurt your credit score.

1. Keep your credit limits low enough to keep control.
Exceeding your credit limit is bad for your score, but it is also unwise to set your limit too high. If you set your bounds too high, you may be tempted to see if you can reach those bounds, even if you don't go over.

Spending so much money, even if it is within the perameter, can be difficult to pay back, creating the possibility of late payments. This shows that you are not responsible and cannot pay your debts, which will cause your credit score to drop. It is important to keep your credit limits low enough that if you ever got to the maximum, you could still pay back what you owe, but do not set your credit limit so low that it will be difficult not to surpass it.

2. Get about half way to your limit, then pay it all off. Paying off your credit cards once you have hit the 50% mark will be beneficial to your credit rating and you. You will be able to more easily pay your debts off if you do not let them pile up, and you run less of a risk of exceeding your limit if you do not let yourself spend beyond half.

3. Exceeding your limit damages your credit score, no matter what. Sometimes we get tempted to spend beyond our income. That is where credit comes in.

It helps us to pay for things now that we could not afford for years if we had to come up with cold hard cash. But spending beyond our credit limits will only create even more debt and a plunging credit score. If you were to get approved by the credit card company to exceed your limit, you may be excused from having to raise your interest rates, but you would not be exempt from the damage that would be done to your credit score.

Your credit score is based on how well you can hold to your original agreement, which reflects how well you will be able to pay off the debt that you have taken responsibility for. So going over the limit will still hurt your credit rating, whether it is approved by the credit card company or not.

Court helps people to learn about credit card applications. You can read more of his work by visiting: http://applyforcreditcards.name.
------------------ ARTICLE END ------------------

People Falling Behind With Payments 'Hit With Punitive And Unjust Charges'

Mark Dawson offers the following royalty-free article for you to publish online or in print.
Feel free to use this article in your newsletter, website, ezine, blog, or forum.
-----------
PUBLICATION GUIDELINES
- You have permission to publish this article for free providing the "About the Author" box is included in its entirety.
- Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity.
- Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only.
- If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links.
- Please send a copy of the publication, or an email indicating the URL to admin@loan-arrangers.co.uk
- Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article.
-----------
Article Title: People Falling Behind With Payments 'Hit With Punitive And Unjust Charges'
Author: Mark Dawson
Category: Personal Finance, Loans
Word Count: 519
Keywords: bad,credit,mortgages,charges,loans,lenders
Author's Email Address: admin@loan-arrangers.co.uk
Article Source: http://www.articlemarketer.com
------------------ ARTICLE START ------------------

Those borrowers who get into arrears by missing mortgage repayments may find that doing so may set them back by "more than they think", according to the publication of new statistics.

In research carried out by moneysupermarket, those who get into arrears by not meeting a loan lender's monthly demand for a mortgage payment or having a cheque returned could well be hit with "punitive charges", which in turn may see them develop greater difficulties with managing other areas of their finances, for example secured loans and credit cards.

The firm pointed out that those who find a cheque or direct debit payment has "bounced back" will automatically be charged 20 pounds from Coventry Building Society, while consumers with GMAC-RFC are hit with a 50 pound fee, should they miss a mortgage payment. The research also revealed Halifax customers are charged 35 pounds every time they receive a letter or a phone call about going into arrears.

Meanwhile, GMAC-RFC and Halifax are reported to charge consumers 100 pounds for counselling on how to manage their debts, but with Abbey and Barclays not offering such a service at all, the price comparison website claimed that the "most vulnerable section of the borrowing community" could find problems in managing their finances increasing even more.

Louise Cuming, head of mortgages at moneysupermarket, said: "While I would not condone missing a mortgage repayment, often financial hardship is caused by circumstances outside the control of the borrower, such as a relationship split. It is fair to say those in the unfortunate situation of going into arrears can expect to face some highly punitive and unjust charges."

She added: "Interest rates are rising and it's impacting homeowners - recent data from the Council of Mortgage Lenders points towards an increase in properties taken into possession. People struggling to make their repayments who might be heading into this territory are particularly vulnerable and it is important lenders meet their 'treating customers fairly' requirement."

Ms Cuming reported that the fact some loan providers are charging for counselling on debt matters is "the biggest outrage" as such advice can be found for free, while some lenders who "appear quick to agree the mortgage are not so quick to help when their customer is most in need". As a result, she claimed that financial firms need to be more sympathetic when lending money as if they "automatically burden customers with more fees and more debt no one wins". The moneysupermarket representative also suggested that some consumers may not even be aware that they are being charged for going into arrears.

However, those Britons who have found that they have developed insurmountable arrears and as a result of damaging their financial history are struggling to access low-rate borrowing may wish to opt for a bad credit loan. Earlier this year, Maya Imberg from Datamonitor suggested that the bad credit loan industry is set for growth due to "difficult" economic conditions and the country's increasing debt burden. She added that more borrowers will fall into the "sub-prime population" as they fall behind in making repayments as property price rises have seen Britons become more willing to borrow money.

Mark Dawson writes for the the Loan Arrangers where you can apply online for low rate loans, you can also compare loans online, bad credit loans applications welcome. Visit Today: http://www.loan-arrangers.co.uk
------------------ ARTICLE END ------------------

Consumers With Unmanageable Debts 'Should Consider Their Options'

Abbi Rouse offers the following royalty-free article for you to publish online or in print.
Feel free to use this article in your newsletter, website, ezine, blog, or forum.
-----------
PUBLICATION GUIDELINES
- You have permission to publish this article for free providing the "About the Author" box is included in its entirety.
- Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity.
- Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only.
- If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links.
- Please send a copy of the publication, or an email indicating the URL to abbi.rouse@inter-financial.com
- Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article.
-----------
Article Title: Consumers With Unmanageable Debts 'Should Consider Their Options'
Author: Abbi Rouse
Category: Debt Consolidation, Loans, Personal Finance
Word Count: 507
Keywords: credit,cards,loans,secured,
personal,debt,consolidation
Author's Email Address: abbi.rouse@inter-financial.com
Article Source: http://www.articlemarketer.com
------------------ ARTICLE START ------------------

Those with seemingly unmanageable difficulties in handling their finances should take the time to weigh up their options, an industry expert has suggested.

According to Chris Tapp, deputy director of Credit Action, those considering filing for bankruptcy or an individual voluntary arrangement (IVA) after becoming unable to make credit card and loan repayments should be conscious that their credit history is likely to be adversely affected. This in turn could hamper their access to competitively-priced borrowing in the future. As a result, he reported that by drawing up and sticking to a debt management scheme with their creditors, rather than insolvency, Britons may find that their credit rating is not damaged as much.

He said: "There's no real penalty when it comes to doing a debt management plan. Obviously it does appear on your credit rating but it's not a form of insolvency, so it's not a black mark. It's a real indicator that the person is making a real effort to sort out their finances, but at the same time pay back what they owe".

"With the penalties of bankruptcy staying on your record for six years and making it much harder for you to get credit in the future, depending on what kind of industry you're in, it can have an impact on your employment"

However, those choosing a debt management plan could see their creditor accepting reduced repayments, which consequently "means that your monthly payments are affordable. You only pay what you can afford to pay". He added that there is still a stigma attached to bankruptcy, with consumers having a fear that by declaring themselves in this position that people will "make an instantaneous judgement" and view them as being irresponsible with their money or "not very good at looking after their affairs". IVAs, comparatively, are said to have less of a stigma attached to them, with this falling even further for those on debt management plans.

Consequently, he suggested that bankruptcy "is really the option of last resort", although it could be helpful for those consumers in a position where they will never be able to pay back their debts.

Meanwhile, figures from the financial charity showed that Britain's total personal debt was at 1,354 billion pounds as of the end of June - an increase of 10.2 per cent, or 107 billion pounds, from the same time 12 months ago. Research from Credit Action also indicated that secured lending grew by 9.6 billion pounds during the month, with consumer credit borrowing showing growth of 0.9 billion pounds.

Those concerned about the level of money owed to various creditors may wish to opt for a debt consolidation loan to reduce all their debts into one single monthly payment. Earlier this month, findings from MoneyExpert showed that just under 2.5 million Britons are currently "very concerned" about how much they are in the red. And despite increasing numbers of consumers looking into getting a consolidation loan, one in four of those already in debt were revealed to have furthered how much they were in arrears over the last three months.

Abbi Rouse writes for AllAboutLoans.co.uk, an online loans comparison site, visit us today for information on all loan topics including cheap loans applications and online loans sourcing from all leading UK providers. Our Site: http://www.allaboutloans.co.uk/
------------------ ARTICLE END ------------------

Be seen first on the search engines, or your money back (September 5, 2007)

"Without being seen first on the major search engines, your

website can be little more than a glorified business card."

 

"If your site is seen first on the search engines, chances are

you're the one people will tend to contact. It's that simple."

 

Discover a better way to be seen on the major search engines.

A way that over 14,000 companies have already discovered.

Their sites are ALWAYS seen at the top of the major search

engines, WITHOUT the exorbitant pay per click charges.

This is the placement we do for Chase Bank with the search

term 'BANKING'

 

 

This is the placement we do for Kathryn Bishop, a Realtor

in Los Angeles, with the search term 'LOS ANGELES REAL

ESTATE'

 

 

And, lastly, this is the placement we do for Stone Canyon

Mortgage, with the search term 'MORTGAGE'

 

We can provide you that same placement, exclusively, across

GOOGLE, YAHOO, MSN and thirteen other search engines.

This Network is based on established, proven search toolbar

technology, having been in existence for over five years. This

search toolbar network is at over 26 million, and for 100% of

those who have the search toolbar, you have just seen what

they see on the major search engines!

 

You, too can have this guaranteed type of exposure. Our normal

run on the Network goes for six months, but for those who

register with us by the end of this week, we will give you the

second six months at no additional cost. We will also include our

Click2Call service, which can put people on the phone to you

directly from a search engine, at no additional cost.

 

As for the cost, you'll probably spend more for your morning

coffee over the coming year than you would spend for this. We

offer specific guarantees, including a money back guarantee.
Call for details.'

 

I can be reached at my office, from 8:00 AM to 5:00 PM

Pacific time.  Please feel free to call me if you have any

questions.

 

 

Best regards,

 

 

 

 

Robert Sexton

Director of Business Development, StarPosition

Phone:        800.481.2979, ext 2001

Direct Line:  949.215.0022

 

If you do not wish to receive future emails, click here. Please do

NOT reply to this email, as it would be delayed in processing. Or,

reply via postal mail to the following address:

Customer Service

16787 Beach Boulevard, #742

Huntington Beach, CA 92647

Please allow three business days to be unsubscribed via the

above link, or ten business days if you reply via postal mail.

 

Disadvantages of Poor Credit and How to Fix It

Georg Rosenbrock offers the following royalty-free article for you to publish online or in print.
Feel free to use this article in your newsletter, website, ezine, blog, or forum.
-----------
PUBLICATION GUIDELINES
- You have permission to publish this article for free providing the "About the Author" box is included in its entirety.
- Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity.
- Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only.
- If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links.
- Please send a copy of the publication, or an email indicating the URL to gjrarticles@hotmail.co.uk
- Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article.
-----------
Article Title: Disadvantages of Poor Credit and How to Fix It
Author: Georg Rosenbrock
Category: Loans, Financial Planning
Word Count: 474
Keywords: Poor Credit, credit, credit rating, credit repair, loans
Author's Email Address: gjrarticles@hotmail.co.uk
Article Source: http://www.articlemarketer.com
------------------ ARTICLE START ------------------

Everyone can be put at a disadvantage if they have poor credit, but fortunately there are ways to fix it. Let us first look at the disadvantages as it may motivate you to do something about it and then get some ideas on how to repair it!

Disadvantages

Lenders are less likely to loan to people with a poor credit history, therefore it becomes a huge handicap for people looking to buy on credit. You might not be able to secure a loan when you really need it.

If you want to buy your car or house on credit, bad credit can be a huge obstacle. Even if you are approved for the loan, it is hard to secure competitively low interest rates in the industry. You end up with higher interest rates and thus pay much more in total for your purchase.

What causes poor credit ratings?

A major cause of poor ratings is falling behind on major payments for loans and mortgages. Many people also end up with poor credit due to the misuse of credit cards, or failing to pay mail order or mobile phone bills. People are usually uninformed about how late payments can negatively affect their credit report.

Repairing your credit rating

Tired of being rejected for loans? Tired of sky-high interest payments? It is time to repair your credit rating.

One way you can fix your rating is to try to regain control over your debt situation. One way is through debt consolidation. Once you are able to make your debt payments on time, you will reduce the deductions taking place on your credit score.

Poor credit can be caused by not properly planning your expenses so that you do not have enough money left over to pay your bills on time. By creating financial plans such as a household budget and a savings plan, you can get control over your expenses. Proper organization can help you improve your credit rating.

Credit cards available to people with poor credit usually have lots of fees such as an annual fee and a high APR. However these cards can give you the chance to start repairing your credit. With a good credit score you can become eligible to lower interest rates and fees on any loan you take out, therefore it is certainly very desirous to start fixing your ratings.

If you need money in an emergency and are hindered by your poor credit, you can look into a cash advance payday loan. Cash advance agencies usually do not carry out credit checks. However these loans are meant only for the short term and could cost you dearly if you delay the repayment.

Good credit is not built in a day. It will take persistence on your part to repair your ratings. You will find many more doors open to you after you have fixed your poor credit.

Genesis Finance (UK) Ltd go out of their way to help people with credit problems. They assist in obtaining finance and thereby help repair poor credit ratings. Visit
http://www.genesisfinance.co for your next loan or for assistance with your credit.
------------------ ARTICLE END ------------------

Borrowing Difficulties 'Likely To Increase'

Tom Dawson offers the following royalty-free article for you to publish online or in print.
Feel free to use this article in your newsletter, website, ezine, blog, or forum.
-----------
PUBLICATION GUIDELINES
- You have permission to publish this article for free providing the "About the Author" box is included in its entirety.
- Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity.
- Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only.
- If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links.
- Please send a copy of the publication, or an email indicating the URL to webmaster@essentiallyhomeloans.co.uk
- Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article.
-----------
Article Title: Borrowing Difficulties 'Likely To Increase'
Author: Tom Dawson
Category: Loans, Personal Finance
Word Count: 580
Keywords: bad,credit,loans,increase,debts,secured,finance
Author's Email Address: webmaster@essentiallyhomeloans.co.uk
Article Source: http://www.articlemarketer.com
------------------ ARTICLE START ------------------

The number of people set to be denied credit through mainstream lenders, prompting them to seek bad credit loans, is set to increase in the coming years, it has been suggested.

A report from Datamonitor published today reveals that, while the number of people unable to get credit by traditional means stood at 7.0 million last year, it is set to increase to 8.6 million by 2011.Last year was the first year for some time in which the so-called non-standard population rose, Datamonitor suggests, indicating that financial difficulties experienced by many across the country are starting to be felt more widely in credit markets.

The number of people needing bad credit loans as a result of rejection by the mainstream market had been falling for some time until 2006 due to a strong economic climate alongside high street and mainstream lenders relaxing their criteria when providing loans. Datamonitor suggests that the reasons for the change in national circumstances are tied up with households facing increasing difficulty in meeting financial commitments such as builds and consumables.

The non-standard population is made up of those individuals who have been denied credit by mainstream lenders on a number of occasions. This could be as a result of unemployment, county court judgements (CCJs) a record of bankruptcy or reliance upon income support, among other factors.

During 2006 a number of "bad debt indicators" changed, including an increase in mortgage repossessions, a rise in CCJs and Department of Trade and Industry figures on insolvencies also pointing to affordability issues.

Datamonitor asserts that while such indicators currently remain low, they are harbingers of increased struggles for a number of consumers. As a result both of these indicators and of last year's rise in the number of those needing to pursue credit through special channels, Datamonitor predicts that the number of people being refused credit will increase in the future.

It observes that, while the market is likely to grow for specialist lenders, they must continue to lend responsibly to ensure that borrowers do not find themselves in further financial difficulty. Additionally, the firm points to the sub-prime mortgage market in the US, currently rocking stock markets across the globe, as a lesson to be learnt and a situation to be avoided by lenders in the UK.

Earlier this week, CreditExpert commented on the amount that Brits spend yearly simply on keeping up with the neighbours, observing that the temptation to overspend and end up in financial difficulty can be hard to resist.

Jim Hodgkins, managing director of the firm, remarks: "It's staggering to see how much we're overspending just to keep up with our peers. While it's great to be generous at the bar or on a date, we should be spending because we want to and not because we feel pressured. Spending beyond your means because of peer pressure can result in mounting debts which could lead to a bad credit rating and, unfortunately, if your credit rating is unattractive to lenders, they will be less inclined to offer you credit - which means you could then miss out on the new car or flat you've fallen in love with."

In other news, Standard & Poors recently stated that a slowdown in the housing market could lead to a collapse in the mortgage industry, following in the wake of problems in the US sub-prime market. While problems in the UK are not as severe, the firm observes that a similar pattern of increases in arrears and repossession can be identified.

Tom Dawson writes for Essentially Home Loans where visitors can apply for a personal loan online, and also focuses on secured loans for UK residents. Visit Today: http://www.essentiallyhomeloans.co.uk
------------------ ARTICLE END ------------------

Repossessions Levels 'Increasing'

Steve Smith offers the following royalty-free article for you to publish online or in print.
Feel free to use this article in your newsletter, website, ezine, blog, or forum.
-----------
PUBLICATION GUIDELINES
- You have permission to publish this article for free providing the "About the Author" box is included in its entirety.
- Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity.
- Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only.
- If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links.
- Please send a copy of the publication, or an email indicating the URL to steve.smith@1stopfinanceshopuk.biz
- Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article.
-----------
Article Title: Repossessions Levels 'Increasing'
Author: Steve Smith
Category: Loans, Personal Finance
Word Count: 514
Keywords: bad,credit,loans,mortgage,repossessions
Author's Email Address: steve.smith@1stopfinanceshopuk.biz
Article Source: http://www.articlemarketer.com
------------------ ARTICLE START ------------------

An increasing number of homes are being repossessed, according to new figures.

In a study released by the Royal Institution of Chartered Surveyors (Rics), the proportion of residential properties offered at auction was shown to have risen by 32 per cent over the second quarter of this year. With this rise being driven by growing levels of property repossessions, the financial services firm suggested evermore Britons could find themselves in arrears as their affordability conditions have "deteriorated". This deepening in difficulties was attributed as consumers struggle more to meet the cost of mortgages, utility bills and personal loans following recent base rate increases by the Bank of England's monetary policy committee (MPC).

Between April and June, some 5,120 residential homes were sold at auction - the highest level recorded for more than two years and up by 22 per cent from the previous three-month period. As the effects of five interest rate rises by the MPC are revealed to have increased the amount of repossessed properties showing up in auction lots, a rising number of homes are predicted to go under the hammer. Meanwhile, the financial services provider suggested that the number of repossessions could be set to go beyond the 45,000 barrier next year - a rate of 124 per day.

Commenting on the study, Rics economist Oliver Gilmartin said: "With the full impact of interest rate rises in 2007 yet to filter through into higher mortgage costs we continue to expect a rise in the number of homes going under the hammer into 2008. The auction house will continue to be a quick means to foreclose mortgages where properties have been repossessed".

"Encouragingly, the annual growth rate in repossession orders has eased back in 2007 having risen quite sharply during the back end of 2006. However, Rics estimate that repossessions will continue to climb higher into 2008 and could exceed 45,000, a rise of 50 per cent from current annualised rates."

Overall, the highest concentration of auctioning was shown to have taken place in the north-west of England where some 826 homes were sold via such a method during the three-month period. In addition, the region witnessed the largest rise of repossession orders across Britain during the quarter, as it was also home to the most repossession orders to be filed outside the capital in the six months leading up to April. Rics also revealed that repossession orders in Merseyside had been subject to a "particularly acute rise in growth" during the last three months of 2006, with this up by 60 per cent from the same period in 2005.

However, those who are currently struggling to meet the cost of various living expenses and cannot access traditional forms of borrowing may be looking to take out a bad credit personal loan as a way of helping to manage their spending and get back on their financial feet. Earlier this year, James Jones, consumer affairs manager for Experian, claimed that consumers considering such a loan should get a copy of their financial history beforehand as it may help determine the rate of interest which is set by providers.

Steve Smith writes for 1 Stop Finance Shop, a one stop Personal Loans Shop, with information on bad credit loans, and debt consolidation loans available on site. Visit Today: http://www..1stopfinanceshopuk.biz/
------------------ ARTICLE END ------------------

Homeowners 'Feel Pressure' Of Interest Rate Rises

Mark Dawson offers the following royalty-free article for you to publish online or in print.
Feel free to use this article in your newsletter, website, ezine, blog, or forum.
-----------
PUBLICATION GUIDELINES
- You have permission to publish this article for free providing the "About the Author" box is included in its entirety.
- Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity.
- Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only.
- If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links.
- Please send a copy of the publication, or an email indicating the URL to admin@loan-arrangers.co.uk
- Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article.
-----------
Article Title: Homeowners 'Feel Pressure' Of Interest Rate Rises
Author: Mark Dawson
Category: Loans, Debt Consolidation, Personal Finance
Word Count: 542
Keywords: interest,rate,rises,credit,cards,
secured,loans,personal,finance
Author's Email Address: admin@loan-arrangers.co.uk
Article Source: http://www.articlemarketer.com
------------------ ARTICLE START ------------------

Britons are raiding their savings accounts in an attempt to supplement overspending in other areas of their finances, new figures reveal.

Research carried out by Birmingham Midshires showed that although the three interest rate rises carried out by the Bank of England so far this year, in addition to speculation of further increases, have seen less people look to take out cash from savings accounts over the last three months in comparison to the final quarter of 2006, a higher proportion of cash has been taken out. According to the company's Saving Britain report, consumers took an average of 400 pounds from their financial hoards to help meet various expenses such as increased living costs and to service debts accrued on credit cards and secured loans.

Commenting on the findings, Jason Robinson, director of savings operations at Birmingham Midshires, said: "While homeowners are feeling the pressures following Bank of England rate decisions, there has never been a better time for people to put away their money. Interest rates at a six-year high mean great returns for savers, whatever amount you can afford to put away."

Research from the financial services firm also revealed that, in addition to facing the highest cost of living in the country, those living in London are the most likely to dip into their savings accounts as consumers in the capital withdrew a typical amount of 716 pounds over the last three months. This dwindles in comparison to people in the north who took out some 242 pounds.

Overall, a quarter of Britons were said to have gone into their savings as a consequence of spending too much money from their current account or other areas of their finances. However, it was suggested that young people are"most likely to feel the bite" on their monetary situation during the past three months as more than a third (37 per cent) of 25 to 34-year-olds have used cash intended for a rainy day to make up for frittering away too much money in other areas. Meanwhile, 14 per cent of people in this age bracket look to raid their savings as a way of funding the purchase of gifts and luxury items. Just less than a fifth (18 per cent) had opted to raid their accounts as a way of financing a holiday.

However, it was the over-55s who were shown to be the worst "raiding offenders" as over the last three months they have withdrawn an average of 682 pounds, in comparison to the 151 pounds taken out by Britons under the age of 30. Some 23 per cent had taken money from their account to help pay for a trip away while 14 per cent used it to pay off unexpected bills.

For those concerned that they are taking too much money out of their savings accounts, opting for a low-rate loan could well be an advisable way in which to consolidate debts and other areas of financial pressures into a more manageable situation. However, in research conducted by Combined Insurance less than a quarter of adults were shown to be not putting money into savings schemes, as two-thirds of consumers saw their utility bills increase last year. In turn, director Nigel Brittle suggested that the nation is increasingly living on a financial "edge".

Mark Dawson writes for Loan-Arrangers .co.uk where visitors can compare cheap loans online. Then apply for the best rate secured loans and bad credit loans available. Visit today http://www.loan-arrangers.co.uk
------------------ ARTICLE END ------------------

IVAs 'Not Best Option' For Those In Debt

Abbi Rouse offers the following royalty-free article for you to publish online or in print.
Feel free to use this article in your newsletter, website, ezine, blog, or forum.
-----------
PUBLICATION GUIDELINES
- You have permission to publish this article for free providing the "About the Author" box is included in its entirety.
- Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity.
- Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only.
- If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links.
- Please send a copy of the publication, or an email indicating the URL to abbi.rouse@inter-financial.com
- Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article.
-----------
Article Title: IVAs 'Not Best Option' For Those In Debt
Author: Abbi Rouse
Category: Loans, Debt Consolidation, Personal Finance
Word Count: 542
Keywords: debt,problems,consolidation,
loans,credit,cards,finance
Author's Email Address: abbi.rouse@inter-financial.com
Article Source: http://www.articlemarketer.com
------------------ ARTICLE START ------------------

Britons are showing a lack of awareness when it comes to methods of managing their debts, a new study has shown.

According to a study conducted by moneysupermarket, about half of Britons (49 per cent) claimed to not know what an individual voluntary arrangement (IVA) is. However, given the high levels of advertising the product is receiving and increasing concern over debt levels, the price comparison website claimed that it is "staggering" that so many people are unaware about what the arrangement, which may be taken out by those struggling to pay off loans and credit cards, actually involves.

Meanwhile, government research has shown 11,105 IVAs were taken out in England and Wales between April and June - a rise of 35 per cent from figures recorded during the previous quarter. However, moneysupermarket suggested that many of those signing up for the agreement may not be truly aware of what they are getting themselves into.

Overall, young people were shown to have the least amount of knowledge about the product as 64 per cent of 18 to 24-year-olds are unable to say what it actually it. The findings also showed that men possess a greater awareness as 42 per cent claim to not know what the product is, in comparison to 56 per cent of women.

More than half of Britons surveyed stated they would consider getting an IVA if they developed "serious" problems in making repayments on personal loans and other forms of borrowing. With 40 per cent claiming that they would only do so as a last resort, 17 per cent reported that they are a good alternative to being declared bankrupt. As a result, moneysupermarket suggested that consumers are unaware of the arrangements' "true consequences".

Tim Moss, head of debt for moneysupermarket, suggested that opting for an IVA is unlikely to be the best option for the majority of borrowers in the long-run. He said: "For people suffering from spiralling debts, an IVA might seem like an ideal escape route. However, an IVA is not something that should be entered into lightly and without considered thought. It is a serious financial agreement with creditors that will typically last five years. Once entered into, it will make obtaining any forms of credit, even for such everyday items as a mobile phone contract, almost impossible."

"There are many simple and practical steps people can take to get to grips with their financial situation before taking a drastic step such as declaring bankruptcy or entering into an IVA," Mr Moss added. He claimed that consumers struggling to pay back money owed on loans and credit cards should look to seek advice from a professional advisory service such as Citizens Advice. Meanwhile, reducing unnecessary expenditure and switching to competitively-priced borrowing products was also suggested. In addition, taking on a second job as a means of bringing in extra cash was revealed to be a way of managing debts.

Last month, Ian Boden-Smyth, spokesperson for the UK Insolvency Helpline, claimed that creating a budget should be the first step taken by those with seemingly unmanageable debt difficulties. He added that asking for guidance from professional advisory organisations, in addition to opting for a debt consolidation loan, could also be a way in which to get their finances back into the black.

Abbi Rouse writes for All About Loans. Visist us today to apply for secured loans, personal loans, and debt consolidation loans. Visit today http://www.allaboutloans.co.uk
------------------ ARTICLE END ------------------