Archive for August, 2006
Mortgages For Life
Buy a house and never own it?
A new type of mortgage has been introduced which has no requirement to pay it off. The Kent Reliance Building Society has announced what they call an “Inter-Generational Mortgage” It’s an interest only mortgage with no repayment date. When you die you pass on the house and mortgage to [...]
Credit Cards, Alcohol & Drugs
It may seem strange to put credit cards, drugs and alcohol all in the same sentence but there are many similarities.
All three cause addiction and abusers of each will do almost anything to continue feeding that addiction. All three can cause serious harm to the person involved if they are allowed to get out of [...]
Bankruptcy Verses Debt Reduction – No Contest
A report from the Department of Trade & Industry informs us that they expect Bankruptcies to increase by nearly double by the year 2009. This is in a period of assumed general good financial health for the country.
People don’t go into bankruptcy lightly and it is a worrying statistic. It would seem that there are [...]
