“Tonight let’s get some – and live while we’re young!” goes the song, and for many of us, that’s what we do when we’re youthful and beautiful, and spend what money we have (and often don’t have) like there’s no tomorrow.
Experian has revealed that for the sixth year running, mortgage application fraud rose in 2012 – this time by 9 per cent from the 2011 figures.
Being turned down for credit can be disheartening, but you can take steps to help make sure it doesn’t happen again.
The UK’s credit rating slide from a gold-plate AAA to a slightly tarnished AA1 feels like it has been a long time coming, the result of accumulated debt and sluggish growth – a sinking feeling that is perhaps familiar to millions of us, too.
With recent news about increasingly sophisticated scams affecting websites with huge databases – from social networking sites and music sites to internet phone services, it’s essential that we work hard to make sure our passwords are as safe as possible.
There’s little doubt that London will be the centre of the world for a while this summer, for some well-documented reasons – the Queen’s Diamond Jubilee celebrations and of course the 2012 Games.
Now that we are heading into a double-dip recession, with few signs that the credit crunch is ending at any time soon, the Bank of England is predicting tighter credit scoring and a probable decrease in consumer lending in the coming months -despite a projected increase in demand.
If you’ve suddenly gone from being fairly laid back about money to struggling to make ends meet, you’re not alone. Legal & General’s latest MoneyMood survey shows that 12 million households now spend all their money on bills and debt repayments – that’s 1.3 million more than nine months ago.