Financial: Personal Finance - Press Releases

Government Backed Insolvency Service Increase Fees by 25 Percent

Bankruptcy petition fees from the Government backed Insolvency Service will increase from £360 to £450 from 6th April 2010. This basic fee increase equates to 25 per cent and there will also be an additional court fee of £150. The new total fee is £600, just £60 short of double the current fee.

The Limit on Contactless Card Payments Increases to £15

The payment limit was raised on contactless cards yesterday to £15 per total purchase. This includes credit cards and debit cards using the new 'contactless' technology which allows customers to swipe their card to pay for purchases of £15 or less without entering a PIN or providing a signature.

Unity Bank Partners with Software and Statement Services Team to Better Serve Retail and Commercial Customers

As part of its mission to provide excellent customer service on a consistent basis, Unity Bank is pleased to announce two new service provider affiliations. Jaguar Software and SOURCECORP Statement Solutions have provided a solution for creating the most efficient and cost-effective means to deliver check images and statement documents to retail and commercial customers.

Debt Shield Alerts Consumers to New Credit Card Rules and New Creditor Tactics

Award-winning debt settlement company outlines new credit card rules for consumers and alerts consumers to potential strategies in which creditors may recoup profit losses.

Ex Government Advisor Says Credit Card Interest Rates Are Excessive

Credit card interest rates hit an average of 18% - how can this be justified with an all-time low base rate of just 0.5%?!

Mortgage Applications up 14% in January

The monthly rental market report shows mortgage applications rose sharply in January 2010, up 14% on December 2009 and a 12% increase on January 2009.

Warning of Non DEMSA Registered Debt Management Companies

Debt Advisory Line and Moneysupermarket.com warn of using a non DEMSA registered debt management company.

DePauw Johnson Tax & Financial Services Announces Reduced Fees

DePauw Johnson Tax & Financial Services, a leading financial firm in San Diego County, has announced that they are offering their financial services for new reduced fees in 2010. They have reduced their fees for various financial services including individual tax returns, business tax returns, and payroll and bookkeeping services.

Collective Uk Personal Debt Hits £1.46 Trillion

It looks like the time lag between the beginning of recession in the UK and Britons losing control of their finances may have lapsed.

Stimulus-Enhanced SBA Loans: More Available and More Affordable

The collapse of the subprime mortgage market that began in late 2006/early 2007 also saw a decline in the availability of U.S. Small Business Association (SBA) loans through community banks. For entrepreneurs and would-be small business owners, who were seeking career changes or striking out on their own because of recession-related layoffs, the inability to secure an SBA loan at their local community bank was like adding “insult to injury.”

Debt Shield Encourages Annual Credit Report Checks for Consumers & Unemployed

Award-winning debt settlement company reminds unemployed consumers about the importance of free annual credit reports.

Warning: Be Wary of Companies That May Contact You Claiming That Loan Agreements Are Unenforceable.

As provider of your debt management plan it is important we make you aware that many of the statements about loan agreements are not only untrue but dangerously misleading.

Beat Blue Monday Misery by Creating a Debt Strategy

January 18th 2010, dubbed ‘Blue Monday’ is known as the most depressing day of the year – that fateful day when Christmas overspending threatens to catch up with you. The final full week of January is when the culmination of Christmas debts, broken new year resolutons, the return to work after the festive break and the extreme bad weather, combine to create a day of misery for many of us.

Up to One Million Uk Households Using Credit Cards to Pay Mortgage or Rent

A Staggering one million UK households have used a credit card to pay their mortgage or rent during the last twelve months according to a new report from the housing charity Shelter.

For Safety’s Sake - Choose Credit Not Debit

When opening a new checking account, banks regularly offer bank cards to their account holders. These cards can be used to withdraw money at Automatic Teller Machines (ATMs) or as a payment alternative at any establishment that recognizes and accepts major credit cards.

IBDG Group Grows 60 Percent Despite Recession

IBDG, the International Business Development Group, has unveiled plans to double in size by Christmas 2010. Staff at the firm’s London office increased by 50 in 2009, and that figure is set to rise by a further 75 by June 2010. In addition, new IBDG offices have opened in Amsterdam and Berlin, with Frankfurt and Oslo set to follow. The plan is then to establish an IBDG presence in Italy.

Settlements Now More Regularly Accepted by Debt Collectors

Award-winning debt settlement company alerts consumers to new survey revealing how more and more collection agencies are accepting reduced debt settlements.

When a Job Loss Hits Home: What to Do About Your Mortgage

Due to the current state of the economy, the number of delinquent residential mortgages in New Jersey and Pennsylvania continues to increase, right alongside the unemployment rate. As borrowers continue to lose their jobs, they’re finding it increasingly difficult to make their monthly mortgage payments. A steady decline in home values has resulted in many unemployed borrowers who, in addition to being unable to afford their payments, are “underwater” – they can’t sell their homes for the balance they owe on them.

Debt Advisory Line Ready to Help

Debt Advisory Line are urging those with debt worries to take professional debt advice after recent research found eight out of ten people are concerned about their financial health.

In Spring 2010 You Could Declare Yourself Bankrupt Online

According to a report in the Guardian newspaper on Friday 13th November 2009 the UK Government is set to announce proposals that would allow individuals to declare themselves bankrupt online. This would avoid any court involvement which in certain parts of the country are seeing a three month delay in the granting of bankruptcy orders.

Debt Advisory Line Opens Late to Help Customers

According to a report from the Bank of England in September of this year the United Kingdom population owes a staggering £233bn on credit cards, unsecured loans and overdrafts.

Debt Settlement Offers Help As Charge-Offs Reach Depression-Era Levels

Award-winning debt settlement company alerts creditors to Great Depression level charge-off rates and explains how debt settlement can help banks as well as debtors.

Debt Advisory Line Scoops Coveted National Award

Debt Advisory Line has won the coveted title of Debt Management Provider of the Year Award for the second year running at the prestigious Insolvency & Rescue Awards in London.

Experts Bank on Community Institutions for Small to Mid-Sized Businesses

Small and mid-sized businesses do much better at community banks, according to the watchdogs of commercial banking. One such community bank that fits this description is Unity Bank.

Straightforward Advice, Personal Experience Makes Debt-Free Coach a Success

Financial freedom doesn’t just happen overnight. Especially in the midst of an economical recession, a little push in the right direction can be just what the average financially-strapped North American needs. This is where Melissa Cappleman of Coach Melissa, LLC comes in.