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Recent News

Rising unemployment ratio in UK
The UK economic growth is getting decline continuously. The rising inflation has resulted in an increase unemployment rate, due to this critical situation people are under pressure and facing difficulty in financial areas. It is predicted that the downturn will continue till next year with high inflation, which makes the economy slower.

Can Fdic Deal Effectively with us Banking Failures
If FDIC is the saving of America’s last bastion of protection its finding their way as its own funds are drying up. The calls from the congress to give credit to Wall Street, Fannie Mae and Freddie Mac are nothing more than mere opening acts of a bigger drama.

Is Bankruptcy the best way to solve debt problems
You are suggested to consult bankruptcy lawyer to help you to educate about all pros and cons of it. To overlook services like debt consolidation is the good alternative to declare bankrupt as it can minimize damage to your credit report. You should do your homework best.

More changes in Barclays in addition to fee cut
Last week, we saw Barclays making headlines after the announcement that was made regarding the overdraft fees cut. The experts however say that there is more to the picture than just this.

New level of complaints about financial products reached
The last financial year has been seen to be the most dissatisfied one in all past records when it came to services and products.

Wealthy and aged 26-45 soft targets for ID fraudsters
AThose professionals between the age 26-45 years who have a handsome income and have a house of their own are the people at maximum risk for falling prey to identity fraud, according to a very recent survey.

Hike in rates for HBOS deals
According to the claims of a market expert, in order to give shape to another major securitization deal, the Halifax Bank of Scotland will have to hike its mortgage rates.

Packagers join hands to face credit crunch
In order to have a more substantial stance for the credit crunch, Em-Financial and Open Door Solutions has joined hands and started a strategic coalition. This has in turn incited more packagers to join forces and improve their positions in the market.

Thinc fined £900,000 for not meeting standards
The Thinc Group has been fined £900,000 by the Financial Services Authority for the failure of the company in its sub-prime business.