UK Payday Loans Company Investigates The Implications Of Rising Interest Rates

Cash Choice, a UK payday loans company investigates the implications of further rises in interest rates.   One revelation is that if the mortgage rate increases by a further two percent points, around 2.9m homeowners will be dealing with home loans which breach the guidelines of regulator's afford

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Can Moribund Property Market Be Helped By New Northern Rock Mortgages?

Can a new 90% mortgage from Northern Rock help the UK property market? As property prices continue to fall, one may be fooled into a false optimism and think that the new mortgage from Northern Rock could be part of the solution.  However property prices have fallen by 0.9% over the last year, w

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PPI mis-selling dominates Financial Ombudsman’s workload

Many banks have put Payment Protection Insurance complaints on hold. Even though they have not been given permission to do so by their regulator, the Financial Services Authority, several banks have put complaints on hold until the outcome of the review for handling of PPI complaints by high st

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