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IF YOU’RE looking to remortgage, or to get your first home loan, you could be in for a nasty shock.
In recent weeks, lenders have been withdrawing deals hand over fist and increasing the rates on the ones that remain. It’s all down to the transatlantic credit crunch. Fears about massive bad debts in the […]

I never do any survey about Australia banks industry, but today I just read one good article from Laura Santini. The article is about Crunch Bounces Around in Australia.
Anyway, here some of the hot contents that I quote from the website:
As the credit storm batters the banking industry in the U.S. and Europe, rumbles of […]

I just came from TheCitizen site and there’s one topic that really caught my attention. The topic is about central bank and if you have time to continue your surfing, you also can read this great article.
Anyway, here is some of the important part that I quote from the article:
So, what is a central bank? […]

Here is another big news for U.K resident:
THE Bank of England says it is discussing with other central banks how to “ease the strains” in financial markets, although it is not considering requiring taxpayers to assume credit risks.
Britain’s central bank said it was not among the banks that the Financial Times reported were contemplating the […]

A banking giant is banning 160,000 debt-ridden customers from using their credit cards. They will receive letters in the next few days warning them their Egg credit cards will stop working in 35 days’ time.
It is the first time a credit card company has resorted to such a drastic move to curb over-spending, but others […]