Myvesta US Articles - Articles

Homeowners Could Struggle Due To Credit Crunch

no@spam.com (Myvesta US) — Fri, 29 Feb 2008 11:03:50 EST

As a result of the credit crunch first-time buyers are finding it increasingly more difficult to get on board the property ladder. Not only is it due to the staggering rise in UK house prices over the past decade but also the fact that mortgage lenders are now reducing the amount they are prepared to lend as part of their tighter lending conditions.

Credit Card Companies Can Cost You Tens of Thousands in Credit Score and Credit Report Manipulation

no@spam.com (Steve Rhode) — Thu, 28 Feb 2008 09:39:40 EST

I think we can all agree that the credit crunch in the U.S. and to a lesser extent, the U.K., really exists. Industry experts, like myself, can see that the problems consumers are facing are just beginning, not ending. Now is the time to pay careful attention to your credit reports and credit scores so potential unilateral creditor actions don't sink your financial ship.

A couple of disturbing events recently have created great concern for me, and consumers on both sides of the pond should be vigilant to watch for these three time bombs that can be dropped on you at any time.

A Card to Toss Away

no@spam.com (Myvesta US) — Mon, 25 Feb 2008 05:12:53 EST

Credit card issuers have drawn fire for jacking up interest rates on cardholders who aren't behind on payments but whose credit scores have fallen for other reasons. Now, some consumers complain, Bank of America is increasing rates based on no apparent deterioration in their credit scores at all.

Don't Get Stung By The Small Print!

no@spam.com (Myvesta US) — Fri, 22 Feb 2008 09:03:53 EST

There is no such thing as the best savings account because it is not as simple as one with a great headline rate that's best for all. But the good news is that it's possible to find the best savings account to suit YOU.

A Plague Of Suicide Sweeps India's Farms

no@spam.com (Myvesta US) — Fri, 15 Feb 2008 11:54:46 EST

Debt is the one issue that affects all of us rich or poor, black or white, gay or straight, liberal or conservative. While debt means minor discomfort to some, it means death to others.

How To Stop Repossession With Fire

no@spam.com (Myvesta US) — Wed, 13 Feb 2008 11:14:26 EST

For homeowners struggling with debt problems, losing your home is the ultimate nightmare. However with foreclosures on the increase insurance companies are starting to become very nervous indeed.

Attention All You Shopoholics - You May Be An Omniomaniac

no@spam.com (Myvesta US) — Tue, 05 Feb 2008 09:12:32 EST

In trying to keep up with the Jones', many people buy more than they can really afford. For some who purchase many items they neither need or use, however, there is more than merely trying to keep up with the Jones' going on. These people who max out their credit cards on things they really don't need have a compulsive shopping disorder

Citigroup End Up With Egg On Their Faces

no@spam.com (Myvesta US) — Tue, 05 Feb 2008 06:50:42 EST

Credit cards are to be withdrawn from 161,000 Egg Customers. The internet bank is writing to 7% of its customers to give them 35 days notice of the withdrawal.

Don't Get Caught By The Credit Red Light Camera

no@spam.com (Myvesta US) — Fri, 01 Feb 2008 11:24:10 EST

Hmmm… do you pop the pizza or the pasta in your trolley? Decisions, decisions! A quick glance at the traffic lights on the packaging will give you the nutritional facts to help you decide....

Europeans Go Crazy And Spread Loans Like Butter

no@spam.com (Myvesta US) — Thu, 31 Jan 2008 09:22:04 EST

Plans to revolutionise the European credit market may have knock on effects for UK shopper.