Unless you have received a financial windfall, you will probably need to borrow money at some point. Homes, higher education, and even automobiles are expensive these days and most people cannot afford to pay for them with cash. Whether or not to borrow is no longer the question. It is about learning when the time ...

In the Yorkshire area, an increasing number of pensioners are finding themselves squeezed between increasing prices and high repayments for debt. The Yorkshire Post obtained statistics revealing the amount owed by pensioners seeking advice from a debt charity. For loans, credit cards, and other unsecured credit, the figure averaged £19,758. Fifty-one percent of Yorkshire pensioners ...

Relationships are characterized by disclosure but some also contain secrets. On a regular basis, the media exposes tidbits that high-profile couples attempted to hide from each other. One thing that is very easy to keep from a spouse is an asset. This is especially true when one person handles all the finances and the other ...

France is the closest country to England, with 20 English Channel miles separating the nations. As of year ending March 2010, over 20,000 UK nationals emigrated to France. Even though these countries are near each other and are both members of the European Union, planning is required to make the move smooth. Opening a French ...

There is an American proverb that reads, “Before borrowing money from a friend, decide which you need most.” The general advice we receive regarding lending money to friends is not to do it. While some of us have responsible friends who will repay the money in a timely manner, others of us may find ourselves ...

This is one of those questions where the answer is dictated by the investors needs. In this case, are you sure you will not need the money for a specific period of time? If the answer to that question is yes, then the bond is the far better deal. Standard savings accounts pay a very ...

If you have not learned by now, the Tax Man always gets his share, regardless of whom it is coming from. Even if you opened up the account for your grandchildren, earnings are taxable, regardless if the person who opens the account of the beneficiary of the account is required to pay taxes. The silver ...

The answer to this question will depend on the taxpayer status of both depositors. Unfortunately, unless both depositors are non-taxpayers, there is no way to avoid paying the taxes on the savings accounts. As always though, there are options available. The first alternative is a fairly obvious one in that the funds should be deposited ...

The sad truth is that there are con artists throughout the globe. Recently, the spotlight has been on New Zealand, where some high profile businesspeople were duped by scammers dangling too-good-to-be-true investment opportunities. In that country alone, 400 reports of such scams have already been made this year. Some scams come in the form of ...

Although the recession is thankfully behind us, the effects are still being felt, with many households feeling the pinch. But no fear, there are many ways to get your hands on a little extra cash which can make a real difference. Try one (or more!) or these great little earners to make some more money ...

With the March budget comes some desired relief for families with low incomes. However, many homeowners in the middle-income bracket face higher living costs, no wage increases, and the potential for mortgage rate hikes in May. Atlantic Financial Management (AFM) is one company advising that UK families conduct a full financial assessment to make sure ...

When people need money immediately to pay unexpected bills, they often need to ask friends or family members for temporary loans. This can be embarrassing, especially if the individual does not have a close relationship with these people. It requires revealing information of an extremely personal nature, which many people do not feel comfortable doing. ...

Applying for a loan should not be something that people enter into haphazardly. Anyone who plans to use a loan to consolidate debt or fund a large purchase should consider several factors before completing a loan application. When these are taken into account, the best loan can be found and the entire process will be ...

In the UK, government loans are offered by over 100 lenders. The money is available to those who are self-employed, in the forces, in a housing association, or for semi-commercial purposes. Whether an individual has excellent or poor credit, a personal, secured, remortgage, or debt consolidation loan can be found. One of the most popular ...

If you are a director or participator in a limited liability company and take out money not considered a dividend or salary that exceeds any money you contributed, you have received a director’s loan. This loan has various Corporation Tax implications. When this account is overdrawn, the company must pay tax on any amount not ...

The Treasury announced new regulations on Wednesday that mean good news for mortgage borrowers. The Financial Services Authority will assume second charge mortgage regulation from the Office of Fair Trading. First mortgages are already controlled by the FSA and by controlling second charge mortgages, the agency can make standards consistent and simplify regulation. A second ...

8 Easy Ways to Get More at Christmas from Your Money You will be able to save more if you start saving early this year. Given below are top 8 tips that will help you get more this Christmas for less: 1.    Plan Clearly How You Will Pay for Your Purchases If you purchase things ...

How and Where to Complain about Financial Services If you think that you have been mistreated by an insurance company or a bank then it is time for you to ensure that you complain is heard. If you have suffered a monetary loss because of the unfair treatment of insurance agency, a bank or any ...