Archive for October, 2006

We are frequently hearing that if ever we get into difficulties with repayment of our debts then we should contact our creditors and discus the situation with them. It has always sounded like sensible advice since if you explain your circumstances then you can negotiate the best solution to avoiding repossesion or bankruptcy. Or so I used to think!
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Frausters Spoofing Bank Websites

A report has been published that accuses some of the biggest UK banks of failing to prevent fraudsters “spoofing” their genuine bank access websites.

According to the report spoofers can duplicate the official bank’s website and persuade users that it is the real one. The banks claim they are aware of the problem and are working on it.

The advice remains that you should NEVER respond to an email asking you to click a link to visit a bank website.

ALWAYS enter the bank website address into the address bar of your browser and only ever enter bank details if you feel confident that everything is above board. If you have any doubts then phone your bank using a phone number obtained from your bank statement or agreement details..

Interest Rates Could Rise

Interest rates in the UK could rise above 5% in the new year, analysts said yesterday, after it emerged that the two newest members of the Bank of England’s key policy committee had voted for a rise this month, reports the Independent.