No, it’s not a made-up word… Stoozing is a way of making money using introductory 0% balance transfer offers on credit cards. The borrowed money is moved into a savings account where it earns interest. At the end of the 0% offer period, the credit card is paid off and the stoozer retains the interest [...]
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The Royal Bank of Scotland (RBS) and Natwest is who. The two UK banks will be simplifying their charges for unarranged borrowing, such as going overdrawn, on their current accounts. The maintenance charge, paid referral fee and guaranteed card payment fee will be replaced with a single daily fee called the unarranged overdraft fee. To [...]
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You do not have many possibilities that provide low interest rates and are for personal use. It is everyone’s dream to have a loan that can be used for anything and has a low interest rate. Now this dream can come true, because there are secured personal loans. Like their name shows, they give you [...]
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The Independent posted this insightful article about retirement. It discusses a small-business owner, Lawrence (age 24), who wishes to retire at age 55 on £50,000 a year. Lawrence’s personal and business finances are closely linked. He also wants to his existing property to rent out through his business, which may prove to be difficult in [...]
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Money Tips You Need to Know Before Travelling to the World Cup
Posted on 13. May, 2010 by emilythomas.
For a safe and enjoyable time in South Africa, Barrons.com published 10 payment card and money tips you need to know before you go. Remember, the 2010 FIFA World Cup in South Africa accepts only Visa-branded payment cards, along with cash, in all 2010 FIFA World Cup stadiums, to pay for food and beverages, retail [...]
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Yesterday Conservative party leader David Cameron accepted the Queen’s invitation to become prime minister and create a “new coalition Government.” Just an hour ealier, Labour party leader Gordon Brown officially announced his immediate resignation as prime minister and party leader. Watch as David Cameron is confirmed as Prime Minister: David Cameron enters No 10 as prime minister Now [...]
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In response to the rise of identity theft, banks, insurers and other institutions have begun offering ID theft insurance. If you take out this cover and your identity is stolen, your policy should help you deal with problems that arise and get your life back on track. If you think you would struggle to cope without [...]
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Also called an income drawdown or unsecured pension, a pension drawdown allows personal pension holders to opt for withdrawals from their pension fund (pension drawdown) instead of being required to buy a pension annuity with the pension remaining invested with an insurance company. This gives the pension holder more control over their pension. However, at age [...]
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According to the Telegraph, struggling home owners saw justice after the Kensington Mortgage Company agreed to pay £2.291m for unfair treatment of customers in arrears. The Financial Services Authority fined the mortgage lender £1.225m, and ordered an estimated £1.066m to be paid in compensation. The FSA cited that Kensington Mortgages imposed high charges on its [...]
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SIPPs are not how you drink your tea — it stands for “self-invested pension plans.” These are do-it-yourself types of pensions. With a SIPP, you have the choice of where you want your retirement savings to be invested, instead of having a pension company to make the decisions. Today, nearly any UK resident under 75 can [...]





