INTRODUCTION TO FINANCE NEWS ONLINE

Finance News Online is a daily updated news digest covering the world of loans, finance, consumer advice and one or two other selected topics.

It is designed to be helpful, informative and provide some of the news you might not hear anywhere else!!

All articles are written by journalists commissioned especially by us.

Consumer Advice

'Take care when using credit cards'
(07 February 2008)

Customers should take simple steps to be safer when using credit cards to prevent fraud, according to an expert.Only carrying a few cards at a time, taking care when shopping online and keeping credit cards in a safe place when shopping can all help prevent ... more

Expert warns against homeowner loans
(06 February 2008)

Unsecured loans are a much better option than a homeowner loan for people wanting to consolidate their debt, according to an expert.Moneywise has advised people to avoid any loan secured on their home even if it does offer a better interest rate.Rachel Lacey, ... more

Finance

Interest rate reduced by 0.25 points
(08 February 2008)

The Bank of England (BOE) has reduced the base rate of interest by 0.25 points to 5.25 per cent, which is good news for most British people.A cut in the interest rate is good news for anyone in debt in the UK, but is bad news for savers, said ITN News.With ... more

Interest rates to be cut 'slowly'
(05 February 2008)

The Bank of England will reduce interest rates "slowly but gradually" to maintain the economy, according to an expert.A 25 basis point reduction has been predicted for this week, with it only reaching a 50 point cut if a sharp fall in equity prices occurs, ... more

Mortgages and Property

Professional mortgages are 'still a good deal'
(07 February 2008)

Professionals are well placed in the mortgage market despite the credit crunch, says an expert.Scottish Widows said that the chances of getting a 100 per cent mortgage is now less and could cost more, but that the professionals mortgage market has been "very ... more

Landlords 'not selling up'
(04 February 2008)

Most buy-to-let landlords will hold on to their investment despite the slowdown in the property market, according to an expert.Lots of landlords see their property as a long-term investment and can make money even in a stagnant market, said Property Hawk.Chris ... more

Your Home

E.ON is latest energy company to raise prices
(08 February 2008)

E.ON is the latest supplier to increase prices, raising gas by 15 per cent and electricity prices by almost ten per cent.The energy supplier announced the raise yesterday becoming the fifth supplier to do so and blames wholesale costs for the rise.Customers ... more

'Search the market and change utility supplier'
(30 January 2008)

Customers should search the whole market when changing their utilities supplier to save money, according to an expert.Almost half of all people have never changed their supplier, mainly because they do not want the "hassle of switching", said price comparison ... more