Archive for August, 2006
Credit Card Debt Reduction
With the cost of borrowing set to rise again and an increase in the number of people being declared bankrupt there is no better time than to start thinking about credit card debt reduction.
Every purchase made on a credit card means you have less money to spend than if you had paid cash. Buying today [...]
Bank Interest Rate Rises
The Bank of England Moneterary Policy Committee decided to raise interest rates by a quarter of a percentage point last thursday. The rate is now 4.75%.
It was an unexpected increase and it follows a worldwide trend. Australia raised it’s rate to 6% earlier in the week and the European Central Bank have also increased their [...]
