Archive for February, 2010

Highest Credit Card Interest Rates For 12 Years With Bank Rate At Lowest For 300 years

It will come as little surprise to many credit card holders that credit card interest rates are at their highest for 12 years.  People know from their own experience how high credit card interest rates currently are but the website Moneyfacts.co.uk has highlighted this fact with a brief report showing that while the official bank [...]


Individual Insovency In 2009

Figures released today show a significant rise in insolvencies in 2009. The growth was slowing towards the end of the year but there were still 35,574 individual bankruptcies in England & Wales in the final quarter and 134,142 individuals were declared insolvent in 2009. A graph provided by the Insolvency Service shows a remarkable rise [...]


OFT Promoting Scamnesty Month

We all know about scams. We may not know the details of who carries them out and how they operate but we are all aware that scams exist. The extent to wish they occur may come as a shock though. According to the Office Of Fair Trading (OFT).
“Mass marketed scams are a problem in the [...]