UK Banks to improve transparency in service charges
Posted on 20. Oct, 2009.
Banks in the UK have agreed to ensure that their charges on current accounts are more transparent and easier to understand. The objective is to make consumers better informed to make choices on what the type of accounts to operate and with what bank. Share and Enjoy:
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Will financial crisis happen again and when?
Posted on 07. Oct, 2009.
A year into the financial crisis, a slow recovery process and another financial crisis is being forecasted by no less a figure but a former US Federal Reserve chief. Share and Enjoy:
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New Credit Card Rewards
Posted on 30. Sep, 2009.
Traditionally, credit card company reward programs have featured airline mileage, gift certificates, and cash back for customers who spend more on their cards to get top ups. However, today card companies are offering new sets of incentives perhaps in response to the implementation of the first set of rules by credit card bill last week. [...]
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Preventing a future financial crisis: Restraining the banks?
Posted on 28. Sep, 2009.
Signs of a recovering global economy and performing stocks, and the bankers are quick to reward themselves with fat pay checks and bonuses again – to the dismay of the taxpayers whose moneys bailed the banks out of a crisis they caused in the first place due to such wanton living. Hardly any lessons learnt? [...]
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Credit Card Reform have began with mixed response
Posted on 28. Sep, 2009.
Last Friday, Credit Card companies began adjusting to new ways of doing business. First new rule: they will now have to notify their customers not less than 45 days ahead of any interest rate increases unlike previously when only 25 days advance notice was all that was required. Customers who are not happy with any [...]
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America now believes small can be beautiful
Posted on 26. Sep, 2009.
The days of the housing boom when most Americans thought a bigger house was a better investment seems to be drawing to an end. At least the housing bust has thought many that the housing industry was not immune to price falls and therefore owning a huge house is no guarantee for a secure financial [...]
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The impact of Tax revenues on the US Economy
Posted on 18. Sep, 2009.
The recession is draining the government of tax income, at a crucial time that the Obama administration needs funds for major reforms such as health care and other programs critical for the recovery of the economy. Share and Enjoy:
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BOA to open new branches in China
Posted on 18. Sep, 2009.
Plans are far advanced for the Bank of America Corp, to establish its commercial and investment banking business in China – the world’s fastest-growing economy. Share and Enjoy:
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Confusion over tax credit leaflet
Posted on 18. Sep, 2009.
A new leaflet explaining how tax credits would work was withdrawn by HM Revenue & Customs because of an error. The HMRC leaflet published in April this year on its website on the causes of overpayments became an issue of confusion and criticism by the British public. Share and Enjoy:
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Personal Inflation Calculator
Posted on 14. Jul, 2009.
So are prices going up or going down? Inflation as measured by the Retail Price Index has fallen to -1.6%, while the Consumer Price Index has fallen below the government’s target of 2% for the first time since September 2007. But how does this all affect you? Follow the link below to find out exactly [...]
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Trading news: Thanks for useful information....
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joe: money is only worth what consumers are willing to...
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Thomas @Turnkey Consulting: Thanks for sharing all the tips on how to pay off...
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Emily: Great money-saving tips! Budgeting is really helps...
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Tim Thatcher: Great list of celeb bankrupt's. It's inspirational...