Featured Articles

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  • More lenders bite the dust

    Updated figures from financial search engine, Moneyefacts.co.uk, show the unsecured loans market shrinking by a further 10% in November. Indeed, another two lenders have bitten the dust in the personal loan market this week, with the withdrawal of Hanley Economic BS and Northern Rock funded Eskimo Loans. They join GE Money, Leeds BS and LV= which withdrew earlier this month, marking an almost a 10% reduction in the number of unsecured loan providers.


  • House price retreat continues

    Latest housing market data from the Nationwide Building Society shows house prices falling by 0.8% in November, bringing the annual rate of increase down to 6.9%. That's the first monthly fall seen since February and is the largest monthly decline since June 1995. Meanwhile, the average price of a UK property slipped back to £184,099.


  • Debtors fall behind on payments

    The November Chiltern Debt Monitor, from debt advisors, Chiltern, reveals that over the last month the percentage of wages debtors can afford to offer creditors has fallen by 1% to 17%, but that the amount they are contractually obliged to pay has remained the same at 67%. This means that without a debt management plan debtors would be forced to pay £881 towards their unsecured debts leaving just £434 each month for housing, food, travel and clothing costs.


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  • Experian launches used car environmental report

    With the Vehicle Excise Duty (VED) on high CO2 emitting vehicles due to increase again next year, more consumers are factoring this into account when considering buying another car. With this in mind, Experian, the global information services company, has announced the launch of its new Environmental Report.


  • Supermini is tops

    Latest used car sales statistics from Experian, the credit checking company, have revealed that sales of super minis, such as the Renault Clio and the Nissan Micra, overtook sales of small family (lower medium) cars, such as the Ford Focus or the Vauxhall Astra, during the first half of 2007, making it the most popular selling used car segment in the UK.


  • 'Payday Mayday' is here

    Millions of Brits have issued a 'payday mayday' as they run out of cash in their current accounts. According to a new report from Abbey Banking, 64% of Brits regularly have to make sacrifices in the days preceding their pay packet, due to bad budgeting. On average, these poor planners run out of money five days before they receive their pay cheque - this month that will most likely have happened on November 25th, as most people get paid on the last day of the month.


  • Monitor your credit report - Protect your ID

    Millions of families have raced to change the passwords and PINs that protect their bank accounts in the wake of the loss of personal data on everyone receiving child benefit. But that isn't enough to protect their identities from thieves.


  • Banking industry moves to allay missing data fears

    The banking industry, via APACS - the payments association - has moved quickly to allay fears that Tuesday's revelation that HMRC has lost data files on 25 million individuals, could lead to a compromise of their bank, building society or card account details.


  • Self employed remain confident

    An autumn of economic volatility across the globe has impacted on the expectations of the UK's 3.6 million self-employed workers. But it hasn't dented their confidence, according to the latest Kensington Self-Employed Index. The specialist mortgage lender's index has found that even though only 42% of business owners expect to see an increase in turnover over the next 12 months, down from 48% in May, two-thirds say they are 'very confident' or 'quite confident' about their business prospects for the next six months.


  • Moneyextra Financial News RSS Feeds

    Moneyextra's news and features are now available through our RSS News Feeds. These RSS Feeds allow you to see when we have added new content. You may incorporate our news and features into your preferred news readers and web logs. RSS, which stands for Really Simple Syndication, is an XML format that allows website content to be shared. Moneyextra's RSS Feeds offer a list of headlines, brief introductions to the related stories and links to the web pages where they appear. The full content of each news story or feature article is on http://www.moneyextra.com/?WT.svl=3 and is accessible through the link on the RSS Feed.


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